臺灣博碩士論文加值系統

財務報表是瞭解企業經營情況的主要工具，加上近年來企業陸續發生重大舞弊案件，因此監管機構越會關注公司財務報告盈餘品質，對操縱財務報表之企業也加強監控，本研究採配對樣本及LOGISTIC迴歸分析檢定2001至2010年，共十年，於台灣證券交易所上市(櫃)公司為對象，探討盈餘品質、財務困難與財務報表重編之關聯性；並將財務報表重編分為兩大類，第一大類為主管機關發函要求重編，而另一大類為企業主動重編來做進一步的深入分析。
本研究以台灣經濟新報社(簡稱TEJ)所發展的「企業風險評等指標」來評估公司財務困難的風險，風險越高越容易發生財務報表重編；另外以裁決性應計項目作為盈餘品質的代理變數，裁決性應計項目較高表示盈餘品質較低，越容易有財務報表重編的情況發生。
實證結果發現，有財務困難的公司相較於正常的公司，其為了掩飾財務困難的事實，會有強烈的動機利用盈餘管理或非會計原則之方法來掩飾，導致盈餘品質下降，甚至最後致使財務報表面臨重編的結果，且被主管機關發函要求重編的頻率高於企業自願性重編。

The financial statements are the main tool to understand the business situation. In recently years, because of a series of fraud cases, the regulatory agencies have taken more concernsabout the earnings quality of financial distressed companyThe company’s restatements mean that financial statement information has major omissions or mistakes which have effects on decisions, therefore financial statements restatement may be often regarded as a symbol of lower quality of financial reporting.
This study used LOGISTIC regression to test the effect of earnings quality、financial distress on financial statement restatements by using financial statements samples from 2001 to 2010.
And this study also divided two categories of restated financial statements, one is volunteered by company, the other is forced by the regulatory agencies.
Empirical results indicate that financial distressed companies will have the more incentive on earnings management, and have the higher likelihood of restatement, and the restatement forced by regulatory agencies have more frequency compared to the volunteered restatement.

中文摘要 I
ABSTRACT II
致謝 IV
第一章緒論 1
第一節 研究動機與目的 1
第二節 論文架構 4
第三節 研究流程 5
第二章文獻探討 6
第一節 財務困難公司定義 6
第二節 財務報表重編與財務困難公司之關聯性 9
第三節 財務困難公司與盈餘品質之關聯性 14
第三章研究方法 18
第一節 研究模型之建立與變數說明 18
第二節 樣本選取、資料來源與研究期間 26
第四章實證結果分析 29
第一節 敘述性統計分析與相關性分析 29
第二節 實證迴歸分析 34
第三節 敏感性分析 44
第五章結論與建議 47
第一節 結論 47
第二節 研究建議 48
第一節 研究限制 49
參考文獻 50
附錄一 本研究樣本 57

圖目錄
圖1-3-1 研究流程 5

表目錄
表2-1-1 財務困難定義的相關研究 7
表2-2-1 財務報表重編適用情形之相關規範 9
表3-1-1 變數定義彙總表 25
表3-2-1 財務報表重編-樣本篩選過程 27
表3-2-2 財務報表重編樣本彙總表-依重編年度 27
表3-2-3 財務報表重編樣本彙總表-依產業別 28
表4-1-1 敘述性統計 30
表4-1-2 平均數差異檢定 32
表4-1-3 Pearson and Spearman相關係數表 33
表4-2-1 模型一之模型回歸結果 36
表4-2-2 模型一之模型回歸結果-自願性重編 37
表4-2-3 模型一之模型回歸結果-強制性重編 38
表4-2-4 模型二之模型回歸結果 41
表4-2-5 模型二之模型回歸結果-自願性重編 42
表4-2-6 模型二之模型回歸結果-強制性重編 43
表4-3-1 財務困難(FD)取更高風險之模型回歸結果 45
表4-3-2 裁決性應計數分組之模型回歸結果 46

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