請用此 Handle URI 來引用此文件:
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/57724
完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 劉啟群(Chi-Chun Liu) | |
dc.contributor.author | Chia-Ling Chang | en |
dc.contributor.author | 張嘉伶 | zh_TW |
dc.date.accessioned | 2021-06-16T07:00:03Z | - |
dc.date.available | 2015-07-29 | |
dc.date.copyright | 2014-07-29 | |
dc.date.issued | 2014 | |
dc.date.submitted | 2014-07-16 | |
dc.identifier.citation | Beaver, W. H., M. F. McNichols, and K. K. Nelson. 2003. Management of the loss reserve accrual and the distribution of earnings in the property-casualty insurance industry. Journal of Accounting and Economics 35 (3):347-376.
Beltratti, A., and G. Corvino. 2007. Potential Drawbacks of Price-based Accounting in the Insurance Sector*. The Geneva Papers on Risk and Insurance Issues and Practice 32 (2):163-177. Berger, A. N., D. Hancock, and D. B. Humphrey. 1993. Bank efficiency derived from the profit function. Journal of Banking and Finance 17 (2-3):317–347. Carter, R. B., and M. L. Power. 2012. Reputational Signals and Capital Acquisition When Insurance Companies Go Public. The Geneva Papers on Risk and Insurance Issues and Practice 37 (3):485-508. Chang, P.-R., J.-L. Peng, and C. K. Fan. 2011. A Comparison of Bancassurance and Traditional Insurer Sales Channels. The Geneva Papers on Risk and Insurance Issues and Practice 36 (1):76-93. Chen, M. S., and P. L. Chang. 2010. Distribution channel strategy and efficiency performance of the life insurance industry in Taiwan. Journal of Financial Services Marketing 15 (1):62-75. Chen, Y.-C., Y.-H. Chiu, and C.-W. Huang. 2010. Measuring super-efficiency of financial and non-financial holding companies in Taiwan: An application of DEA models. African Journal of Business Management 4 (13). Crosby, L. A., and N. Stephens. 1987. Effects of Relationship Marketing on Satisfaction, Retention, and Prices in the Life Insurance Industry. Journal of Marketing Research 24 (4):404-411. Deng, S.-Y. 2012. The Impacts of Auditor Characteristics and Compensation Components on Earnings Management through Acquisition Costs Amortizations: Evidence from the Insurance Industry. Master Thesis, Department of Accounting, National Taiwan University. Dichev, I. D., and V. W. Tang. 2008. Matching and the Changing Properties of Accounting Earnings over the Last 40 Years. The Accounting Review 83 (6):1425-1460. DiLeo, J., M. Frazee, R. Sojkowski, and D. Schwegman. 2011. Implementation Issues Related to FASB’s Guidance on Deferred Acquisition Costs: Deloitte & Touche LLP. Fare, R., S. Grosskopf, and W. L. Weber *. 2004. The effect of risk-based capital requirements on profit efficiency in banking. Applied Economics 36 (15):1731-1743. Gaver, J. J., and J. S. Paterson. 2004. Do insurers manipulate loss reserves to mask solvency problems? Journal of Accounting and Economics 37 (3):393-416. Gooding, R. Z., and J. A. III. 1985. A Meta-Analytic Review of the Relationship between Size and Performance: The Productivity and Efficiency of Organizations and Their Subunits. Administrative Science Quarterly. Guillen, M., J. P. Nielsen, and A. M. Perez-Marin. 2008. The Need to Monitor Customer Loyalty and Business Risk in the European Insurance Industry. The Geneva Papers on Risk and Insurance Issues and Practice 33 (2):207-218. J. David Cummins , D. W. S. 1996. Capital and risk in property-liability insurance markets. Journal of Banking & Finance. Liao, Y.-T. 2012. The Impacts of Board Characteristics on Earnings Management: Evidence from Amortizations of Insurance Acquisition Costs, Department of Accounting , College of Management. Lin, S. L., J. H. W. Penm, S.-C. Gong, and C.-S. Chang. 2005. Risk-based capital adequacy in assessing on insolvency-risk and financial performances in Taiwan's banking industry. Research in International Business and Finance 19 (1):111-153. Liu, C.-C., Y.-P. Liao, and C.-E. Ko. 2012. The Value Relevance of Deferred Acquisition Cost: Implication for Fair Value Accounting in Insurance Firms. Review of Securities and Futures Markets:39-64. Mulford, C. W., and A. Parkhurst. 2010. The Financial Statement Effects of Proposed Changes to the Accounting for Deferred Acquisition Costs in the Insurance Industry. College of Management, Georgia Institute of Technology, Atlanta, GA 30332-0520. Peng, M., and J. Q. Zhou. 2005. How Network Strategies and Institutional Transitions Evolve in Asia. Asia Pacific Journal of Management (22):321-336. Petroni, K. R. 1992. Optimistic reporting in the property- casualty insurance industry. Journal of Accounting and Economics 15:485-508. T., M., Hannan, and J. Freeman. 1984. Structural Inertia and Organizational Change. American Sociological Review 49 (2):149-164. Xie, X. 2010. Are publicly held firms less efficient? Evidence from the US property-liability insurance industry. Journal of Banking & Finance 34 (7):1549-1563. Yue, C.-S. J., and H.-C. Huang. 2011. A Study of Incidence Experience for Taiwan Life Insurance. The Geneva Papers on Risk and Insurance Issues and Practice 36 (4):718-733. | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/57724 | - |
dc.description.abstract | 本論文以台灣保險業為研究對象,探討遞延保單取得成本對於未來保費收入的影響。劉啟群與廖懿屏(2012)的研究發現保單取得成本的資本化較費用化更能解釋公司價值與未來現金流量。由於目前台灣遵循國際會計準則,將保單取得成本費用化,本論文假設將保單取得成本資本化,並且在後續期間攤銷,運用回歸分析檢視遞延保單取得成本與未來保費收入之關係。研究結果指出遞延保單取得成本與未來保費收入高度正相關,當公司支出越多保單取得成本,能夠在未來期間帶來更多保單收入。此結果與之前劉啟群與廖懿屏(2012)的研究結果一致。
公司特質會影響公司營運效率或是支出保單取得成本的形式,本論文進一步探討公司特質(風險資本、公開發行、規模、產品、金控)如何影響保單取得成本和未來保費收入的關聯性。研究結果指出除了產品之外,風險資本、公開發行、規模和金控都顯著影響保單取得成本和未來保費收入的關聯性。本研究提供遞延保單取得成本有價值攸關性的間接證據,但考量本研究樣本期間和樣本數量限制,若未來能克服這兩項因素,實證結果將予以改善。 | zh_TW |
dc.description.abstract | This study investigates association between deferred acquisition costs (DAC) and future premiums. Moreover, firm characteristics (RBC ratio, whether they are classified as public or private, Asset size, Insurance products sold and whether they are affiliated with Financial Holdings Groups) are identified to test whether they have impacts on association of DAC and future premiums. The paper extends prior research of Liu et al. (2012), which studies the relevance of acquisition costs under asset capitalization method, direct expensing method, and indicates that capitalization approach is more useful in predicting a firm’s value and future cash flows. Samples of domestic insurance firms in Taiwan from 2008 to 2012 were used as references.
The results show significant positive relationship between DAC and future premiums. Furthermore, firm characteristics such as RBC ratio, whether they are classified as public or private, asset size, and whether they are affiliated with financial holdings groups have significant impacts on association of DAC and future premiums. Moreover, this study provides indirect evidence of value relevance of DAC. If more data are available in the future, test of value relevance of DAC can be improved and further tested. | en |
dc.description.provenance | Made available in DSpace on 2021-06-16T07:00:03Z (GMT). No. of bitstreams: 1 ntu-103-R01722012-1.pdf: 535613 bytes, checksum: e74808d79a7022bc8333bb169785b956 (MD5) Previous issue date: 2014 | en |
dc.description.tableofcontents | 1.Introduction 1
2.Institutional Background of Deferred Acquisition Costs 3 3.Prior Literature Review and Hypotheses Development 6 4.Research Design 13 4.1 Sample Selection and Data Characteristics 13 4.2 Empirical Models and Definition of Variables 17 5.Empirical Results 20 5.1 Descriptive Statistics 20 5.2 Empirical Results and Analyses 28 5.3 Additional Test 31 6.Conclusions 36 7.References 38 | |
dc.language.iso | en | |
dc.title | 保險業保單取得成本與未來保費收入之關聯性研究 | zh_TW |
dc.title | Associaiton of DAC and Future Premiums of Insurance Firms | en |
dc.type | Thesis | |
dc.date.schoolyear | 102-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 廖懿屏(Yi-Ping Liao),林純央(Chun-Yang Lin) | |
dc.subject.keyword | 保單取得成本,保單收入,資訊內涵,保險會計, | zh_TW |
dc.subject.keyword | Deferred acquisition cost,premium income,information content,insurance accounting, | en |
dc.relation.page | 40 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2014-07-17 | |
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-103-1.pdf 目前未授權公開取用 | 523.06 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。