臺灣博碩士論文加值系統

企業對外揭露的資訊要能反映公司的真實價值，而盈餘一直以來是投資者判斷公司營運狀況的方法，因此公司可能會降低資訊揭露程度，以方便操縱盈餘數字。
為探討資訊揭露程度與盈餘管理的關係，以資訊揭露評鑑系統的評分標準作為資訊揭露程度的依據，並同時衡量應計基礎盈餘管理與實質盈餘管理，根據資訊揭露程度，是否會影響公司從事盈餘管理的方式。以2000年至2009年國內上市櫃公司為樣本，使用Dechow et al. (1995)提出的橫斷面修正式Jones模型來衡量應計基礎盈餘管理的使用程度，與Cohen et al. (2008)提出衡量實質盈餘管理的方法，以作為判斷此二種盈餘管理方式的使用。
實證結果發現，資訊揭露評鑑系統的出現，公司使用裁決性應計項目來操縱公司盈餘的程度下降，使用實質盈餘管理的程度則上升，表示資訊揭露程度影響到公司使用此二種盈餘管理的方法。盈餘的變動方向也會影響到裁決性應計項目與實質盈餘管理指標，且使用實質盈餘管理的程度皆大於使用應計基礎盈餘管理的程度。在子樣本中，資訊揭露程度的高低會對裁決性應計項目的使用程度有影響，當資訊揭露程度高時，應計基礎盈餘管理程度較低，然而資訊揭露程度的高低對於實質盈餘管理並沒有顯著的差異。

The information disclosed by enterprise ought to reflect the company’s value. Investors usually use earnings to determine company’s operating condition. Hence, company might reduce the level of information disclosure for easy to conduct earnings management.
To investigate the relationship between information disclosure quality and earnings management behaviors, this paper use the information disclosure and evaluation system to rate the degree of information disclosure. This study both evaluate accrual based earnings management and real earnings management. This paper investigates whether earnings management will affect by information disclosure quality. The sample include the public companies listed in Taiwan stock Exchange from 2000 to 2009, using Dechow et al. (1995) Modified Jones Model to measure discretionary accrual and Cohen et al. (2008) REM to measure real earnings management.
The empirical results reveal the following facts. With the information disclosure and evaluation system, companies will use more real earnings management but less discretionary accrual. It indicates that information disclosure quality will affect the use of this two earnings management. Besides, the movement of earnings will also affect discretionary accrual and real earnings management. Finally, the information disclosure quality will affect discretionary accrual in the subsequent sample, but it will not significantly affect real earnings management.

第一章 緒論
第一節 研究背景與動機……………………………………………………...…1
第二節 研究目的……………………………………………………………...…2
第三節 研究流程…………………………………………….………………......3第二章 文獻探討
第一節 盈餘管理………………………………………….…………………......5
第二節 應計基礎盈餘管理與實質盈餘管理………………………………...…6
第三節 資訊揭露程度對盈餘管理的影響…………………………………...…7
第三章 研究方法
第一節 研究假說………………………………………….………………...…...9
第二節 樣本選取………………………………………….……………...…….10
第三節 研究方法………………………………………….……………...…….10
第四章 實證結果
第一節 樣本資料分析………………………………………….…….…...……14
第二節 資訊揭露程度與盈餘管理之關係……………………………...……..17
第五章 結論與建議
第一節 結論………………………………………….…………………...…….25
第二節 研究限制與建議………………………………………….…….…..….25
參考文獻………………………………………….………………………………...….27

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