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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 陳耀宗(Yao-Tsung Chen) | |
| dc.contributor.author | Diana Chen | en |
| dc.contributor.author | 陳小培 | zh_TW |
| dc.date.accessioned | 2021-06-15T04:07:24Z | - |
| dc.date.available | 2010-02-11 | |
| dc.date.copyright | 2010-02-11 | |
| dc.date.issued | 2010 | |
| dc.date.submitted | 2010-02-07 | |
| dc.identifier.citation | Abbott, L., Park, Y., and Parker, S. 200. “The Effect of Audit Committee Activity and Independence on Corporate Fraud.” Managerial Finance 26: 55-67.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/45172 | - |
| dc.description.abstract | This thesis examines the relationship between financial experts on the audit committee in the period after the implementation of Section 407 of the Sarbanes-Oxley Act of 2002 and the cost of equity capital. Prior research supports the importance of financial expertise on the audit committee. However, the final rules implementing Section 407 continue to allow a broader definition of financial expertise that includes CEO/Presidents without direct accounting or finance experiences. For a sample of S&P 500 firms from year 2004 through 2006, I examine empirically whether the presence of financial experts on the audit committee has effect on the cost of equity capital. The evidence suggests a significant positive association between audit committee financial experts and the cost of equity capital. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-15T04:07:24Z (GMT). No. of bitstreams: 1 ntu-99-R96722049-1.pdf: 270470 bytes, checksum: 81a9e04554e8528f1a0c07edc09c4d73 (MD5) Previous issue date: 2010 | en |
| dc.description.tableofcontents | Acknowledgement …………………………………………………………………..i
Abstract ……………………………………………………………………………..ii Table of Contents …………………………………………………………………..iii List of Appendix and Tables ……………………………………………………….iv I. Introduction ………………………………………………………………......1 II. Prior Research and Hypothesis Development 2.1 History of Audit Committee Financial Expertise Regulation………..….....5 2.2 Research Relating Financial Experts and Cost of Capital….....….……..…7 2.3 Definitions of Financial Expertise …………………………………….....10 2.4 Hypothesis Development …………………………………………….…..15 III. Empirical Design 3.1 Sample Selection .......................................................................................17 3.2 Empirical Specification ………………………………............………….18 3.2.1 Dependent Variable ……………………………………….............21 3.2.2 Test Variables ……………………………………………...……...21 3.2.3 Control Variables ………………………………………………….22 IV. Empirical Results 4.1 Descriptive Statistics …………………………………………………..…29 4.2 Regression Results ……………………………………………………….31 4.3 Sensitivity Analysis ……………………………………………....………32 V. Conclusion ……………………………………………………….……....…..35 References …………………………………………………………………….…..37 | |
| dc.language.iso | en | |
| dc.subject | 財務專家 | zh_TW |
| dc.subject | 審計委員會 | zh_TW |
| dc.subject | 資金成本 | zh_TW |
| dc.subject | Cost of Equity Capital | en |
| dc.subject | Audit Committee | en |
| dc.subject | Financial Experts | en |
| dc.title | 審計委員會財務專家與資金成本 | zh_TW |
| dc.title | Audit Committee Financial Experts and
The Cost of Equity Capital | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 98-1 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 曾智揚(Chih-Yang Tseng),王萬成(Wan-Cheng Wang) | |
| dc.subject.keyword | 審計委員會,財務專家,資金成本, | zh_TW |
| dc.subject.keyword | Audit Committee,Financial Experts,Cost of Equity Capital, | en |
| dc.relation.page | 45 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2010-02-08 | |
| 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 | |
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