請用此 Handle URI 來引用此文件:
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/30091
完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 王泰昌,劉嘉雯 | |
dc.contributor.author | Ya-Wen Chang | en |
dc.contributor.author | 張雅雯 | zh_TW |
dc.date.accessioned | 2021-06-13T01:35:33Z | - |
dc.date.available | 2007-07-31 | |
dc.date.copyright | 2007-07-31 | |
dc.date.issued | 2007 | |
dc.date.submitted | 2007-07-11 | |
dc.identifier.citation | 李建然與陳政芳,2004,審計客戶重要性與盈餘管理-以五大事務所組別為觀察標的,會計評論,第38期:59-80。
林嬋娟、薛敏正與蘇逸穎,2002,預期盈餘與盈餘平穩化實證研究,Review of securities & Futures Markets, 14:1, 139-148. 陳錦村與葉雅薫,2002,公司改組、監督機制與盈餘管理之研究,會計評論,第34期:1-29。 張文瀞、周玲臺與林修葳,2003,內部人持股連續變動公司之盈餘管理行為特性,會計評論,第37期:31-52。 薛敏正與林嬋娟,2003,自由現金流量與盈餘管理關聯性之研究,台灣管理學刊,第3卷 第1期:151-168。 Becker, B. M., and Lyon, J. D., 1996. Detecting abnormal operating performance: the empirical power and specification of test statistics. Journal of Financial Economics 41 (July): 358-399. Bergstresser, D. and T. Phillipon. 2005. CEO incentives and earnings management. Journal of Financial Economics (forthcoming). Brown, S., K. Lo, and T. Lys. 1999. Use of in accounting research: measuring changes in value relevance over the last four decades. Journal of Accounting and Economics 28:83-115. DeAngelo, L. 1986. Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review 61: 400-420. Dechow, P. M., and R. G. Sloan. 1991. Executive incentives and the horizon problem: An empirical investigation. Journal of Accounting and Economics14: 51-89. Dechow, P. M., R. G. Sloan., and A. P. Sweeney. 1995. Detecting earnings management. The Accounting Review 70 (2):193-225. Dechow, P., and I. Dichev. 2002. The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors. The Accounting Review 77 (Supplement): 35-59. DeFond, M. L. and J. Jiambalvo. 1994. Debt covenant violation and manipulation of accruals. Journal of Accounting and Economics 17(May):145-176. Dopuch, N, R. Mashruwala, C. Seethamraju, and T. Zach. 2005. Accrual determinants, sales changes and their impact on empirical models, Washington University Working Paper. Healy, P. M. 1985. The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics 7: 85-107. Hribar, P., and D. C. Nichols. 2006. The use of unsigned earnings quality measures in tests of earnings management. Johnson School Research Paper Series # 11-06. Hribar, P. M. Collins, D. W. 2002. Errors in estimating accruals: Implications for empirical research. Journal of Accounting Research 40 (March): 105-134. Jones, J. 1991. Earnings management during import relief investigation. Journal of Accounting Research 29: 193-228. Kaplan, R. S. 1985. Comments on Paul Healy: Evidence on the effect of bonus schemes on accounting procedures and accrual decisions. Journal of Accounting and Economics 7: 109-113. Kasznik, R. 1999. On the association between voluntary disclosure and management. Journal of Accounting Research 37 (1):57-82. Kothari, S. P., A. Leone, and C. Wasley. 2005. Performance matched discretionary accruals. Journal of Accounting and Economics (February): 163-197. Leuz, C., D. Nanda, and P. Wysocki. 2003. Earnings Management and Investor Protection: an International Comparison. McNichols, M., and G. P. Wilson. 1988. Evidence of earnings management from the provisions for bad debts. Journal of Accounting Research 26(Supplement): 1-31. Menon, K, & Williams D., 2004, 'Former Audit Partners and Abnormal Accruals.' The Accounting Review, Volume 79, pgs. 1095-1118. Subramanyam, K R. 1996. The pricing of discretionary accruals. Journal of Accounting and Economics 22:249-281. Teoh, S. H., T. J. Wong, and G. R. Rao. 1998. Are accruals during initial public offerings opportunistic? Review of Accounting Studies 3:175-208. Young, S. 1998. The determinants of managerial accounting policy choice: Further evidence for the UK. Accounting and Business Research 28 (spring):131-143. | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/30091 | - |
dc.description.abstract | 本研究根據Hribar and Nichols (2006)之研究結果,採用台灣資本市場之資料,測試規模及營運波動性等變數,與無方向性之盈餘管理指標是否具有相關性,而應於相關之估計式中加以排除,以避免相關研究中型一錯誤的發生。
實證結果如下: 1. 本研究之敘述性統計分析結果與Hribar and Nichols (2006)所得之結果相似,當公司有較高的絕對值指標時,該公司的特質傾向於規模較小、有較低的現金流量,但是同時較具成長性、有較高的營運波動性。根據Hribar and Nichols (2006)之分析,此現象可能代表該公司正處於其生命週期之初期。 2. 就絕對値指標、一般控制變數組與遺漏變數組間之相關性觀之。大體上,絕對値指標間的相關性最高,絕對値指標與遺漏變數的相關性次之,而與控制變數間的相關性較低;而各相關性普遍皆達1%的顯著水準。因此,將遺漏變數項加入估計模型中控制,較標準控制項的加入,在使用絕對値指標作為代理變數的研究中,應更具有重要性。 3. 設計當單一測試變數與遺漏變數具有不等之相關性時,以絕對値指標為被解釋變數之單變量模型,在型一拒絕率的表現上,皆隨與遺漏變數之相關性增加而上升。各上升之幅度不盡相同,與logTA具相關性時,拒絕率維持微幅上漲;與 、 具相關性時,拒絕率呈先緩慢後劇烈兩階段的上升,其分界點約在相關性55%附近;與 具相關性時,拒絕率則維持等幅度之上升。 4. 在加入標準控制變數後的模型,在測試變數與遺漏變數具相關性時,拒絕率的表現上,在原本單一變量的迴歸式中若拒絕率較高時,皆能使其拒絕率較未加入控制變數前稍微平緩,但是仍然偏高。因此,以絕對值裁決性應計數作為盈餘管理的代理變數,若測試變數與各遺漏變數具相關性,即使如一般研究已加入一般控制變數的情況下,若未能將相關的因素加以妥善控制時,將很有可能造成型一錯誤,使假說檢定的推論發生偏誤。 5. 在模式中同時加入標準控制變數,以及不與單一測試變數具有相關性的遺漏變數的控制變數項時,即使整體來看與僅加入標準控制變數項的迴歸式在拒絕率上的表現更低,但在較高相關性時有些拒絕率仍然偏高。 6. 於相關研究之重作中,加入了規模及與營運波動性變數後對原研究所支持之結果並無影響,推測是因為其單一測試變數(組別重要性, )與公司營運波動性的相關性並沒有直觀的關係,因此,即使增加了規模與營運波動性等遺漏變數加以控制,但是因為單一測試變數與遺漏變數間並不具與規模及營運波動性相關之相關性,故對於原測試的結果不產生影響。而研究中之絕對値裁決性應計數與各遺漏變數間所具之相關性皆約在30%以下,因此,即使原篇研究中,單一測試變數與裁決性應計數間果真具有遺漏變數的影響因素而未加以排除,但因為遺漏變數與裁決性應計數間所具之相關性較低,而不影響原篇研究之研究結果。 | zh_TW |
dc.description.abstract | According to the results of Hribar and Nichols (2006), this study uses the data in Taiwan to test the hypotheses that the volatility measures are correlated with unsigned measures of earning management. To reduce the risk of incorrectly rejecting the null hypothesis of no earning management, this study tends to identify firm characteristics that are correlated with earnings management estimates and empirically estimate the effect of different levels of correlation between the partitioning variables and the firm characteristic on rejection rate frequencies.
The empirical analysis results of this study show that unsigned measures have high correlations with volatility of sales, volatility of earnings, and volatility of cash flows, despite the fact that prior work often ignores these characteristics. When operating volatility variables are correlated with the partitioning variable, the results show that the risk of incorrectly rejecting the null hypothesis of no earnings management is inflated. Finally, this study replicates a previous study measured by unsigned discretionary accruals. The results show that the volatility variables don’t affect the results from that previous study. The possible reason is that there is no or little correlation between volatility variables and the partitioning variable in that previous study. | en |
dc.description.provenance | Made available in DSpace on 2021-06-13T01:35:33Z (GMT). No. of bitstreams: 1 ntu-96-R94722021-1.pdf: 479560 bytes, checksum: 9c77d0343d37124beceabab66d24498b (MD5) Previous issue date: 2007 | en |
dc.description.tableofcontents | 目錄
第一章 緒論 ……………………………………………………… 1 第一節 研究背景及動機 …………………………………… 1 第二節 研究架構 …………………………………………… 4 第二章 文獻探討 ………………………………………………… 5 第一節 相關之盈餘管理衡量模式 ………………………… 5 第二節 無方向性裁決性應計數的使用 …………………… 14 第三節 迴歸係數的潛在偏誤 ……………………………… 17 第三章 研究方法 ………………………………………………… 20 第一節 研究假說 …………………………………………… 20 第二節 樣本選取與資料來源 ……………………………… 23 第三節 變數定義 …………………………………………… 24 第四節 實證設計 …………………………………………… 28 第四章 實證分析及結果 ………………………………………… 32 第一節 敘述性統計分析 …………………………………… 32 第二節 相關性分析 ………………………………………… 40 第三節 型一錯誤率分析 …………………………………… 44 第四節 相關研究之重作 …………………………………… 62 第五章 結論及建議 ……………………………………………… 74 第一節 研究結論 ………………………………………… 74 第二節 研究建議 ………………………………………… 77 參考文獻………………………………………………………… 78 | |
dc.language.iso | zh-TW | |
dc.title | 無方向性盈餘管理指標之研究—以台灣為例 | zh_TW |
dc.title | The Use of Unsigned Measures in Tests of Earnings Management- An example of Taiwan | en |
dc.type | Thesis | |
dc.date.schoolyear | 95-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 洪玉舜 | |
dc.subject.keyword | 盈餘管理,裁決性應計數,型一錯誤率,無方向性裁決性應計數,營運波動性, | zh_TW |
dc.subject.keyword | Earnings management,Discretionary accruals,Type one error rates,Unsigned Discretionary accruals,Operating volatility, | en |
dc.relation.page | 80 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2007-07-16 | |
dc.contributor.author-college | 管理學院 | zh_TW |
dc.contributor.author-dept | 會計學研究所 | zh_TW |
顯示於系所單位: | 會計學系 |
文件中的檔案:
檔案 | 大小 | 格式 | |
---|---|---|---|
ntu-96-1.pdf 目前未授權公開取用 | 468.32 kB | Adobe PDF |
系統中的文件,除了特別指名其著作權條款之外,均受到著作權保護,並且保留所有的權利。