跳到主要內容

臺灣博碩士論文加值系統

(216.73.216.124) 您好!臺灣時間:2026/08/30 02:51
字體大小: 字級放大   字級縮小   預設字形  
回查詢結果 :::

詳目顯示

: 
twitterline
研究生:陳椿鶯
研究生(外文):CHEN, CHUN-YING
論文名稱:台灣銀行業盈餘管理之研究
論文名稱(外文):The Earnings Management in Taiwan Banking Industry
指導教授:李春安李春安引用關係
指導教授(外文):LI, CHUN-AN
口試委員:楊踐為黃金生王元章詹家昌
口試委員(外文):YANG, JAN-WEIHUANG, CHIN-SHENGWANG, YUAN-JANGCHAN, CHIA-CHUNG
口試日期:2016-05-25
學位類別:博士
校院名稱:國立雲林科技大學
系所名稱:財務金融系
學門:商業及管理學門
學類:財務金融學類
論文種類:學術論文
論文出版年:2016
畢業學年度:104
語文別:中文
論文頁數:68
中文關鍵詞:盈餘管理經營效率集中度資料包絡分析法
外文關鍵詞:Earnings ManagementOperational EfficiencyConcentrationData Envelopment Analysis
相關次數:
  • 被引用被引用:1
  • 點閱點閱:227
  • 評分評分:
  • 下載下載:21
  • 收藏至我的研究室書目清單書目收藏:1
過去文獻多以會計盈餘代理經營績效,探討其與盈餘管理之關係,但在會計盈餘為被操弄的情況下,所得到的研究結果可能失真。本研究以本國銀行為研究對象,以較不易被操弄的資料包絡法(data envelopment analysis, DEA)衡量經營效率,並以集中度代理信用風險,探討經營效率、集中度兩者與銀行盈餘管理之關聯性。有別於過去文獻,本文對Modified Jones Model作修改,提出更適合於衡量銀行盈餘管理的模型,並以整體性關聯度分析先選取投入與產出變數,及二階段DEA模型衡量銀行整體經營效率。在研究期間劃分為全球金融風暴發生前、中、後三個時期,以及更細緻的區間之下,本研究發現,國內銀行存在盈餘管理現象,並且經營效率與集中度越高的銀行,越會從事向下盈餘管理。此外,研究結果還顯示,國內銀行會因實際金融環境的變化而改變盈餘管理行為。在全球金融風暴前,經營效率高的銀行傾向作向下盈餘管理,在全球金融風暴結束後,集中度愈高的銀行更傾向作向下的盈餘管理,其盈餘管理行為截然不同於金融風暴發生前與發生期間。
The article tries to explore the relationship between earnings management and operational performance of Taiwanese banking industry. This paper adjusts the Modified Jones Model to measure earnings management and apply Grey Relation Analysis (GRA) to obtain the measurement of efficiency which is estimated using Data Envelopment Analysis (DEA). The main results show that the higher operational efficiency will result a more likely earnings management, and the higher bank credit risk will result a more likely earnings management. The banks with higher operational efficiency are inclined downward tendency earnings management before the global financial crisis, and the banks with more credit risks are inclined downward tendency earnings management after the global financial crisis.
目錄
摘要.......................................i
ABSTRACT.................................ii
目錄.....................................iii
表目錄....................................iv
第壹章 緒論...............................5
第一節 研究背景與動機.......................5
第二節 研究目的與方法.......................8
第三節 章節架構...........................11
第貳章 文獻探討...........................12
第一節 銀行業之盈餘管理....................12
第二節 銀行經營效率與盈餘管理...............17
第三節 銀行集中度與盈餘管理.................19
第四節 影響銀行業盈餘管理之變數..............20
第參章 研究設計...........................22
第一節 研究期間與資料來源...................22
第二節 研究方法...........................22
第肆章 實證結果與分析......................30
第一節 基本統計分析........................30
第二節 經營效率、集中度與盈餘管理之單變量分析..37
第三節 經營效率、集中度與盈餘管理之複迴歸分析..40
第四節 效率值排名分組分析...................46
第五節 穩健性測試.........................48
第伍章 結論與建議.........................51
參考文獻...................................53
附錄A:樣本銀行.............................66
附錄B:灰色理論整體性關聯檢定結果..............67



王富源,2010,「我國銀行業盈餘管理動機、內部關聯性與監督機制對盈餘管理影響之研究」,淡江大學會計研究所未出版碩士論文。
王蘭芬、薛敏正、顏莉萍,2009,「銀行業衍生性金融商品與裁量性壞帳之關聯性研究」,當代會計,第十卷第一期,第 1-28頁。
李宗政、林秀柑、呂建和、夏慧娟、林惠雪,2006,「自盈餘管理觀點探討財務預測落差現象對於商業銀行可裁量性壞帳提列行為之影響」,風險管理學報,第八卷第二期,第 137-156頁。
周德瑋、林建榮、詹佳縈、張詩政,2011,「The impact of earnings management on the choice of debt maturity structure」,管理評論,第三十卷第四期,第 1-21頁。
林明俊、陳青浩、朱千慧、隋安莉,2010,「台灣金控子銀行與非金控銀行經營績效之探討」,嘉南學報,第三十六卷,第 365-378頁。
林修葳、陳育成,1997,「國內商業銀行壞帳及票券買賣損益策略性調控問題之實證研究」,臺大管理論叢,第八卷二期,第 33-65頁。
林鳳儀、蘇信安,2011,「自願性資訊揭露與強制性資訊揭露之盈餘管理」,管理學報,第二十八卷第四期,第 345-359頁。
秦裕英,2007,「台灣地區銀行業經營績效之研究」,致理學報,第二十四卷,第 17-48頁。
許文馨、古又帆,2011,「盈餘管理和關係企業間損益之移轉」,會計評論,第五十三卷,第 1-34頁。
陳育成,2002,「台灣金融業的壞帳管理及相關研究」,管理評論,第二十一卷第四期,第 1-17頁。
陳育成、李秀英、李珮芬,2005,「商業銀行加入金融控股公司盈餘管理之實證研究」,華人前瞻研究,第一卷第二期,第 25-42頁。
陳明麗、王凱立、陳品媗,2010,「市場盈餘預測誤差會影響美國銀行業之盈餘管理行為嗎?」,管理評論,第二十九卷第四期,第 69-88頁。
陳維慈、曾馨卉,2012,「盈餘平穩誘因下證券化金融資產與壞帳之使用」,會計評論,第五十四卷,第 43-75頁。
黃德芬,2005,「資本適足性管制變革對銀行壞帳提列暨沖銷決策之影響」,管理學報,第二十二卷第一期,第 29-43頁。
劉景中,2009,「銀行集中度、銀行市場競爭度與銀行風險-台灣實證研究」,經濟論文,第三十七卷第一期,第 101 - 135頁。
謝孟芬、沈中華,2009,「金融業提列備抵壞帳與景氣循環、法規之關聯性分析:以49個國家爲例」,臺大管理論叢,第二十卷第一期,第 131-155頁。
Akindayomi, A., 2012, “Earnings management and the banking crisis of the 1990S: Evidence from NIGERIA,” Academy of Accounting and Financial Studies Journal, Vo. 16, No. 3, pp. 119-135.
Avkiran, N. A., 2006, “Developing foreign bank efficiency models for DEA grounded in finance theory,” Socio-Economic Planning Sciences, Vol. 40, No. 4, pp. 275-296.
Aziz, Z. A., 2012, “Financial Sector Blueprint 2011–2020, Governor,” Central Bank of Malaysia.
Baber, W. R., Kang, S. H. and Li, Y., 2011, “Modeling discretionary accrual reversal and the balance sheet as an earnings management constraint,” The Accounting Review, Vol. 86, No. 4, pp. 1189-1212.
Badertscher, B. A., 2011, “Overvaluation and the choice of alternative earnings management mechanisms,” The Accounting Review, Vol. 86, No. 5, pp. 1491-1518.
Banker, R. D., Charnes, A. and Cooper, W. W., 1984, “Some models for estimating technical and scale inefficiencies in data envelopment analysis,” Management Science, Vo. 30, No. 9, pp. 1078-1092.
Basu, A., Elder, R. and Onsi, M., 2012, “Reported earnings, auditor's opinion, and compensation: theory and evidence,” Accounting and Business Research, Vo. 42, No. 1, pp. 29-48.
Beck, T., Demirguc-Kunt, A. and Levine, R., 2006, “Bank concentration, competition, and crises: first results,” Journal of Banking and Finance, Vo. 30, No. 5, pp. 1581-1603.
Berger, A. N. and Udell, G. F., 2004, “The institutional memory hypothesis and the procyclicality of bank lending behavior,” Journal of Financial Intermediation, Vol. 13, No. 4, pp. 458-495.
Berger, A. N. and Mester, L. J., 2003, “Explaining the dramatic changes in performance of US banks: Technological change, deregulation, and dynamic changes in competition,” Journal of Financial Intermediation, Vol. 12, No. 1, pp. 57-95.
Bernadette, M., Taillard, J. P. and Williamson, R., 2014, “Financial expertise of the board, risk taking, and performance: evidence from bank holding companies,” Journal of Financial and Quantitative Analysis, Vol. 49, No. 2, pp. 351-380.
Bernard, V. L. and Skinner, D. J., 1996, “What motivates manager's choice of discretionary accruals?” The Journal of Accounting and Economics, Vol. 22, No. 1-3, pp. 313-325.
Bikker, J. A. and Hu, H., 2002, “Cyclical patterns in profits, provisioning and lending of banks and procyclicalilty of the new basel capital requirements,” Banca Nazionale del Lavoro Quarterly Review, Vol. 55, No. 221, pp. 143-175.
Bikker, J. A. and Metzemakers, P. A. J., 2005, “Bank provisioning behaviour and procyclicality,” Journal of International Financial Markets, Institutions and Money, Vol. 15, No. 2, pp. 141-157.
Boubakri, N., Cosset, J., Fischer, K. and Guedhami, O., 2005, “Privatization and Bank Performance in Developing Countries,” Journal of Banking and Finance, Vol. 29, No. 8-9, pp. 2015-2041.
Boussofiane, A., Dyson, R. G. and Thanassoulis, E., 1991, “Applied data envelopment analysis,” European Journal of Operational Research, Vol. 52, No. 1, pp. 1-15.
Bowley, G., 2008, “Stocks surge as U.S. acts to shore up money funds and limits short selling,” The New York Times.
Bowlin, L. and Rozeff , M. S., 1987, “Do specialists' short sales predict returns?” The Journal of Portfolio Management, Vol. 13, No. 3, pp. 59-63.
Boyd, J. H. and Nicolo, G. D., 2005, “The theory of bank risk-taking and competition revisited,” The Journal of Finance, Vo. 60, No. 3, pp. 1329-1343.
Brayshaw, R. E. and Eldin, A. E. K., 1989, “The smoothing hypothesis and the role of exchange differences,” Journal of Business Finance and Accounting, Vol. 16, No. 5, pp. 621-633.
Burgstahler, D. and Eames, M., 2006, “Management of earnings and analysts' forecasts to achieve zero and small positive earnings surprises,” Journal of Business Finance and Accounting, Vol. 33, No. 5-6, pp. 633-652.
Burnett, B. M., Cripe, B. M., Martin, G. W. and McAllister, B. P., 2012, “Audit quality and the trade-off between accretive stock repurchases and accrual-based earnings Management,” The Accounting Review, Vol. 87, No. 6, pp. 1861-1884.
Cavallo, M. and Majnoni, G., 2001, “Do banks provision for bad loans in good times? Empirical Evidence and Policy Implications,” Policy Research Working Paper Series, The World Bank.
Chan, L. H., Chen, K. C. W., Chen, T. Y. and Yu, Y., 2015, “Substitution between real and accruals-based earnings management after voluntary adoption of compensation clawback provisions,” The Accounting Review, Vol. 90, No. 1, pp. 147-174.
Charnes, A., Cooper, W. W. and Rhodes, E., 1978, “Measuring the efficiency of decision making units,” European Journal of Operational Research, Vol. 2, No. 6, pp. 429-444.
Chen, M. Y. and Hsia, K. H., 2001, “Major influence factor screening via grey theory,” The 2001 Seminar of Applied Grey System Theory, Yuen-Lin, Taiwan, pp. 91-94.
Chen, Y. and Zhu, J., 2004, “Measuring information technology’s indirect impact on firm performance,” Information Technology and Management, Vol. 5, No. 1, pp. 9-22.
Chi, W., Lisic, L. L. and Pevzner, M., 2011, “Is enhanced audit auality associated with greater real earnings management?” Accounting Horizons, Vol. 25, No. 2, pp. 315-335.
Cohen, D. A. and Zarowin, P., 2010, “Accrual-based and real earnings management activities around seasoned equity offerings,” Journal of Accounting and Economics, Vol. 50, No. 1, pp. 2-19.
Cohen, D. A., Dey, A. and Lys, T. Z., 2008, “Real and accrua-based earnings management in the pre- and post-sarbanes-Oxley periods,” The Accounting Review, Vol. 83, No. 3, pp. 757-787.
Cohen, L. J., Cornett, M. M., Marcus, A. J. and Tehranian , H., 2014, “Bank earnings management and tail risk during the financial crisis,” Journal of Money, Credit, and Banking, Vol. 46, No. 1, pp. 171-197.
Craigwell, R. and Elliott, W., 2011, “Loan loss provisioning in the commercial banking system of Barbados, practices and determinants,” International Research Journal of Finance and Economics, Vol. 65, pp. 98-111.
Dechow, P. M., Ge, W., Larson, C. R. and Sloan, R. G., 2011, “Predicting material accounting misstatements,” Contemporary Accounting Research, Vol. 28, No. 1, pp. 17-82.
Dechow, P. M., Sloan, R. G. and Sweeney, A. P., 1995, “Detecting earnings management,” The Accounting Review, Vol. 70, No. 2, pp. 193-225.
DeFond, M. L. and Park, C. W., 1997, “Smoothing income in anticipation of future earnings,” Journal of Accounting and Economics, Vol. 23, No. 2, pp. 115-139.
Dewi, M. K., Sulaiman, M. and Ferdian, I. R., 2010, “Efficiency of islamic banks in selected member countries of the organization of islamic conference,” International Journal of Monetary Economics and Finance, Vol. 3, No. 2, pp. 177-205.
Docking, D. S., Hirschey, M. and Jones, E., 1997, “Information and contagion effects of bank loan-loss reserve announcements,” Journal of Financial Economics, Vol. 43, No. 2, pp. 219-239.
Ebaid, I. E. S., 2011, “Persistence of earnings and earnings components: evidence from the emerging capital market of Egypt,” International Journal of Disclosure and Governance, Vol. 8, No. 2, pp. 174-193.
Edwards, F. R. and Mishkin, F. S., 1995, “The decline of traditional banking: Implications for financial stability and regulatory policy,” Economic Policy Review, Vol. 1, No. 2, pp. 27-45.
Elyasiani, E. and Zhang, L., 2015, “Bank holding company performance, risk, and 'busy' board of directors,” Journal of Banking and Finance, Vol. 60, pp. 239-251.
Ertan, A., 2013, Real earnings management in the financial industry, Ph. D. Dissertation, Yale University.
Ewert, R. and Wagenhofer, A., 2005, “Economic effects of tightening accounting standards to restrict earnings management,” The Accounting Review, Vol. 80, No. 4, pp. 1101-1124.
Fang, W.C., Guan, L.M. and Lin, F.Y., 2011, “Heaping in reported earnings: evidence from monthly financial reports of Taiwanese firms,” Emerging Markets Finance and Trade, Vol. 47, No. 2, pp. 62-73.
Fudenberg, D. and Tirole, J., 1995, “A theory of income and dividend smoothing based on incumbency rents,” Journal of Political Economy, Vol. 103, No. 1, pp. 75-93.
Graham, J. R., Harvey, C. R. and Rajgopal, S., 2005, “The economic implications of corporate financial reporting,” Journal of Accounting and Economics, Vol. 40, No. 1-3, pp. 3-73.
Harold, J., 2012, “Making the European monetary union: The role of the committee of central bank governors and the origins of the European central bank,” Harvard University, Cambridge.
Haw, I. M., Ho, S. S. M. and Li, A. Y., 2011, “Corporate governance and earnings management by classification shifting,” Contemporary Accounting Research, Vol. 28, No. 2, pp. 517-553.
Herszenhorn, D. M., 2008 ,“Congressional leaders were stunned by warnings,” The New York Times.
Hong, Y. and Andersen, M. L., 2011, “The relationship between corporate social responsibility and earnings management: An exploratory study,” Journal of Business Ethics, Vol. 104, No. 4, pp. 461-471.
Hsia, K. H., Chen, M. Y. and Chang, M. C., 2004, “Comments on data pre-processing for grey relational analysis,” Journal of Grey System, Vol. 7, No. 1, pp. 15-20.
Hsu, C. and Kross, W., 2011, “The market pricing of special items that are included in versus excluded from street earnings,” Contemporary Accounting Research, Vol. 28, No. 3, pp. 990-1017.
Ibrahim, S. S., 2009, “The usefulness of measures of consistency of discretionary components of accruals in the detection of earnings management,” Journal of Business Finance and Accounting, Vol. 36, No. 9-10, pp. 1087-1116.
Jones, J. J., 1991, “Earnings management during import relief investigations,” Journal of Accounting Research, Vol. 29, No. 2, pp. 193-228.
Kamau, A. W., 2011, “Intermediation efficiency and productivity of the banking sector in Kenya,” Interdisciplinary Journal of Research in Business, Vol. 1, No. 9, pp. 12- 26.
Kanagaretnam, K., Lobo, G. and Mathieu, R., 2003, “Managerial incentives for income smoothing through bank loan loss provisions,” Review of Quantitative Finance and Accounting, Vol. 20, No. 1, 63-80.
Kasanen, E., Kinnunen, J. and Niskanen, J., 1996, “Dividend-based earnings management: evidence from Finland,” Journal of Accounting and Economics, Vol. 22, No. 1-3, pp. 283-312.
Kothari, S. P., Leone, A. J. and Wasley, C. E., 2005, “Performance matched discretionary accrual measures,” Journal of Accounting and Economics, Vol. 39, No. 1, pp. 163-197.
Kothari, S. P., Mizik, N. and Roychowdhury, S., 2016, “Managing for the moment: The Role of Earnings Management via Real Activities versus Accruals in SEO Valuation” The Accounting Review, Vol. 19, No. 2, pp. 559-586.
Laeven, L. and Majnoni, G., 2003, “Loan loss provisioning and economic slowdowns: too much, too late?” Journal of Financial Intermediation, Vol. 12, No. 2, pp. 178-197.
Lin, F. L., 2011, “Is earnings management opportunistic or beneficial in Taiwan? Application of panel smooth transition regression model,” International Journal of Economics and Finance, Vol. 3, No. 1, pp. 133-142.
Liu, C. C. and Ryan, S. G., 2006, “Income smoothing over the business cycle: changes in banks’ coordinated management of provisions for loan losses charge-offs from the pre-1990 to 1990s boom,” The Accounting Review, Vol. 81, No. 2, pp. 421-441.
Louis, H. and Sun, A. X., 2011, “Earnings management and the post earnings announcement drift,” Financial Management, Vol. 40, No. 3, pp. 591-621.
Madura, J., 1998, “Managerial finance: Federal reserve policy and information flow,” Emerald Group Publishing Limited, Vol. 24, No. 8, pp. 3-15.
McNichols, M. and Wilson, G. P., 1988, “Evidence of earnings management from the provision for bad debts,” Journal of Accounting Research, Vol. 26, No. 3, pp. 1-31.
McVay, S. E., 2006, “Earnings management using classification shifting: An examination of core earnings and special items,” The Accounting Review, Vol. 81, No. 3, pp. 501-531.
Mehran, A. M. and Izah, M. T., 2012, “Company operation performance using DEA and performance matrix: Evidence from Pakistan,” International Journal of Business and Behavioral Sciences, Vol. 2, No. 2, pp. 41-55.
Mok, D., 2009, “Cohort effects, incomes, and homeownership status among four cohorts of Canadian immigrants,” Professional Geographer, Vol. 61, No. 4, pp. 527-546.
Moses, O. D., 1987, “Income smoothing and incentives: empirical tests using accounting changes,” The Accounting Review, Vol. 62, No. 2, pp. 358-377.
Nicolo, G. D., Batholomew, P., Zaman, J. and Zephirin, M., 2004, “Bank consolidation, conglomeration and internationalization: Trends and implications for financial risk,” Financial Markets, Institutions and Instruments, Vo. 13, No. 4, pp. 173-217.
Onalo, U., Mohd, L., Ahmad, K. and Sulaiman, M. L., 2013, “Do Malaysian and Nigerian accounting standards produce similar earnings quality for banks?” International Journal of Management Sciences and Business Research, Vol. 2, No.7, pp. 1-16.
Pastor, J. T., Ruiz, J. L. and Sirvent, I., 2002, “A statistical test for nested radial DEA models,” Operations Research, Vol. 50, No. 4, pp. 728-735.
Penny, N., 2004, “X-efficiency and productivity change in Australian banking,” Australian Economic Papers, Vol. 43, No. 2, pp. 174-191.
Petersen, M. A. and Schoeman, I., 2008, “Modeling of banking profit via return-on-assets and return-on-equity,” Proceedings of the World Congress on Engineering, London, United Kingdom.
Prencipe, A. and Yosef, S. B., 2011, “Corporate governance and earnings management in family controlled companies,” Journal of Accounting, Auditing and Finance, Vol. 26, No. 2, pp. 199-227.
Robb, S. W. G., 1998, “The effect of analysts’ forecasts on earnings management in financial institutions,” Journal of Financial Research, Vol. 21, No. 3, pp. 315-331.
Roychowdhury, S., 2006, “Earnings management through real activities manipulation,” Journal of Accounting and Economics, Vol. 42, No. 3, pp. 335-370.
Schipper, K., 1989, “Commentary on earnings management,” Accounting Horizons, Vol. 3, No. 4, pp. 91-102.
Shen, C. H. and Chih, H. L., 2005, “Investor protection, prospect theory, and earnings management: An international comparison of the banking industry,” Journal of Banking and Finance, Vol. 29, No. 10, pp. 2675-2697.
Stephane, A., 2015, “US bank holding companies: structure of activities and performance through the cycles,” International Review of Financial Analysis, Vol. 42, pp. 253-269.
Sturm, J. E. and Williams, B., 2004, “Foreign bank entry, deregulation and bank efficiency: Lessons from the Australian experience,” Journal of Banking and Finance, Vol. 28, No. 7, pp. 1775-1799.
Subramanyam, K. R., 1996, “The pricing of discretionary accruals,” Journal of Accounting and Economics, Vol. 22, No. 1-3, pp. 249-281.
Thompson, R. G., Singleton, F. D., Thrall, R. M., Smith, B. A. and Wilson, M., 1986, “Comparative site evaluations for locating a high-energy physics lab in texas,” The Institute of Management Sciences, Vol. 16, No. 6, pp. 35-49.
Wang, S. and D’Souza, J., 2006, “Earnings management: the effect of accounting flexibility on R&D investment choices,” Working Paper, Cornell University.
Watts, R. L. and Zimmerman, J. L., 1978, “Towards a positive theory of the determination of accounting standards,” The Accounting Review, Vol. 53, No. 1, pp. 112-134.
Xian, C., Chen, H. and Moldousupova, A., 2011, “Investment, earnings management and equity-based compensation,” Journal of Accounting, Business and Management, Vol. 18, No. 2, pp. 121-136.
Yeyati, E. L. and Micco, A., 2007, “Concentration and foreign penetration in Latin American banking sectors: Impact on competition and risk,” Journal of Banking and Finance, Vo. 31, No. 6, pp. 1633-1647.
Yusof, K. N. C. K., Razali, A. R. and Tahir, I. M., 2010, “An evaluation of company operation performance using data envelopment analysis (DEA) approach: A study on Malaysian public listed companies,” International Business Management, Vol. 4, No. 2, pp. 47-52.
Zang, A. Y., 2012, “Evidence on the trade-off between real activities manipulation and accrual-based earnings management,” The Accounting Review, Vol. 87, No. 2, pp. 675-703.

QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top