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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 廖芝嫻(Chin-Hsien Liao) | |
| dc.contributor.author | Chen-Fan Lien | en |
| dc.contributor.author | 連晨帆 | zh_TW |
| dc.date.accessioned | 2021-06-16T07:11:32Z | - |
| dc.date.available | 2015-07-15 | |
| dc.date.copyright | 2014-07-15 | |
| dc.date.issued | 2014 | |
| dc.date.submitted | 2014-07-05 | |
| dc.identifier.citation | 一、中文部分
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/57917 | - |
| dc.description.abstract | 本研究主要探討影響國內企業自願性揭露預計未來研發費用之因素，以及該自願性揭露是否可提高股價的資訊內涵。本文為國內首篇針對未來研究發展費用進行探討之研究，以西元2004年起至2012年止共計九個年度之台灣上市、上櫃公司為研究樣本進行分析。研究結果顯示，當公司存在較低之私有資訊成本、盈餘表現較佳、盈餘波動性較小、股份盈餘偏離倍數較低時，公司將傾向揭露其預計未來研發費用之資訊，或揭露的明確度較高，此實證結果符合本研究之預期；然而，外部融資需求將增加揭露行為之假說並未能獲得實證結果支持。另外，本研究發現，自願性揭露預計未來研發費用以及揭露資訊之明確度可提高次期之未來盈餘反應係數，也就是說能增進股票報酬與未來盈餘之間的關係，即提高股價的資訊內涵。 | zh_TW |
| dc.description.abstract | The objective of this research is to investigate the determinants and market consequences of disclosure of forward-looking R&D expenditures. This study is the first domestic research aimed to focus specifically on future R&D expenditures. This research examines the annual reports identified from the Market Observation Post System for listed and OTC companies in Taiwan, from 2004 to 2012. The empirical results show that firms with lower proprietary information costs, better earnings performance, lower earnings volatility, and smaller divergence between voting rights and cash flow rights tend to voluntarily disclose the information of forward-looking R&D expenditures, and their disclosures tend to be more specific (precise). However, the results do not support the hypothesis regarding the needs for external financing. Moreover, further tests indicate that both voluntary disclosure of forward-looking R&D expenditures and its disclosure precision contribute to enhancing the association between current stock returns and future earnings, that is, higher future earnings response coefficient (FERC). | en |
| dc.description.provenance | Made available in DSpace on 2021-06-16T07:11:32Z (GMT). No. of bitstreams: 1 ntu-103-R01722014-1.pdf: 687393 bytes, checksum: 71ce4ea076115e454ebd6dbeeaec75a6 (MD5) Previous issue date: 2014 | en |
| dc.description.tableofcontents | 謝辭 i
摘要 ii Abstract iii 目錄 iv 表目錄 v 第一章 緒論 1 第二章 文獻回顧 4 第一節 自願性揭露的相關文獻 4 第二節 自願性揭露前瞻性資訊的相關文獻 6 第三節 自願性揭露研究發展資訊的相關文獻 9 第四節 未來盈餘反應係數（FERC）的相關文獻 11 第三章 研究假說 14 第四章 研究設計 18 第一節 變數衡量 18 第二節 實證模型 20 第三節 樣本與資料 22 第五章 實證結果 25 第一節 敘述性統計 25 第二節 單變量分析 29 第三節 迴歸結果 33 第六章 額外測試 39 第一節 實際研發費用與預計投入研發費用之差額分析 39 第二節 改採另一FERC模型 42 第三節 控制資訊透明度等級 44 第七章 研究結論、限制與建議 49 第一節 研究結論 49 第二節 研究限制及建議 50 附錄 未來研究發展費用揭露類型 51 參考文獻 56 | |
| dc.language.iso | zh-TW | |
| dc.subject | 自願性揭露 | zh_TW |
| dc.subject | 未來研究發展費用 | zh_TW |
| dc.subject | 未來盈餘反應係數 | zh_TW |
| dc.subject | 股價資訊內涵 | zh_TW |
| dc.subject | 前瞻性資訊 | zh_TW |
| dc.subject | 資訊揭露 | zh_TW |
| dc.subject | future R&D expenditures | en |
| dc.subject | future earnings response coefficient | en |
| dc.subject | price informativeness | en |
| dc.subject | forward-looking information | en |
| dc.subject | disclosure | en |
| dc.subject | Voluntary disclosure | en |
| dc.title | 前瞻性研究發展費用揭露的影響因素與市場反應 | zh_TW |
| dc.title | The Determinants and Market Consequences of Disclosure of Forward-Looking R&D Expenditures | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 102-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 吳淑鈴(Shu-Ling Wu),詹凌菁(Ling-Ching Chan) | |
| dc.subject.keyword | 自願性揭露,資訊揭露,前瞻性資訊,股價資訊內涵,未來盈餘反應係數,未來研究發展費用, | zh_TW |
| dc.subject.keyword | Voluntary disclosure,disclosure,forward-looking information,price informativeness,future earnings response coefficient,future R&D expenditures, | en |
| dc.relation.page | 63 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2014-07-07 | |
| 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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