(3.236.6.6) 您好!臺灣時間:2021/04/23 22:54
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:::

我願授權國圖
: 
twitterline
研究生:楊哲欣
研究生(外文):Jhe-Sin Yang
論文名稱:應計項目有用性之研究
論文名稱(外文):The empirical investigation of the usefulness of accounting accruals.
指導教授:姜家訓姜家訓引用關係
指導教授(外文):Jia-Xun Jiang
學位類別:碩士
校院名稱:輔仁大學
系所名稱:會計學系碩士班
學門:商業及管理學門
學類:會計學類
論文種類:學術論文
論文出版年:2007
畢業學年度:95
語文別:中文
論文頁數:86
中文關鍵詞:應計項目會計估計預測誤差
外文關鍵詞:accrualsaccounting estimatesforecast errors
相關次數:
  • 被引用被引用:0
  • 點閱點閱:143
  • 評分評分:系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:0
本研究係採out-of-sample預測方法,將研究焦點置於應計項目中之估計項目,以檢驗其對未來現金流量與未來盈餘預測能力之影響,進而檢視會計估計之有用性,並且利用投資組合測試以檢視應計項目之經濟顯著性,研究結果發現,應計項目與會計估計項目對於預測未來現金流量與未來盈餘之能力均產生改善之效果,不論是在統計顯著性上或是經濟顯著性上皆能獲得一致之結論。

另外,本研究亦檢視盈餘及其組成要素之預測能力與公司特有屬性之關聯性,其中包含營運環境與公司治理結構。研究結果發現:營業週期愈長,則預測誤差愈大;現金流量波動性愈大,則預測誤差愈大;應計項目愈多,則預測誤差愈大;公司規模愈小,則預測誤差愈大;公司治理愈差,則預測誤差愈大。
I examine in this study the role of accounting estimates embedded in accruals for earnings quality, namely, the ability of accounting earnings to predict future cash flows and earnings. Our examination is based on two sets of tests: (1) Out-of-sample predictions of future cash flows and earnings; (2) Portfolio tests, where portfolios are constructed from predicted cash flows and earnings based on current cash flows and components of accruals. It finds that accounting accruals and the estimates they embeded do improve the predictive ability of current earnings to predict future cash flows and earnings, both in statistical and economic significance.

I also examine the associations between the predictive ability of accounting accruals and firm characteristics, including the operating environment and corporate governance structure. It shows that the forecast errors of accounting accruals in predicting future cash flows and earnings get larger as operating cycle gets longer, the cash flows are more volatile,the magnitude of accruals are greater, the firm size is smaller, finally the corporate governance is weaker.
第一章 緒論 1
第一節 研究動機..................................... 1
第二節 研究目的..................................... 4
第三節 論文架構..................................... 5
第二章 文獻探討......................................... 6
第一節 會計估計有用性............................... 6
第二節 影響會計估計品質之相關因素.................. 15
第三章 研究方法........................................ 18
第一節 研究假說之發展.............................. 19
第二節 研究設計與變數衡量.......................... 21
第三節 資料來源與樣本選取之過程.................... 37
第四章 實證研究結果.................................... 40
第一節 敘述性統計.................................. 40
第二節 相關係數分析................................ 42
第三節 盈餘及其組成要素之迴歸分析結果.............. 44
第四節 Out-of-sample預測方法之相關結果.............. 53
第五節 投資組合測試................................ 64
第六節 敏感性分析.................................. 72
第五章 結論與建議...................................... 78
第一節 研究結果.................................... 78
第二節 研究限制.................................... 80
第三節 研究建議.................................... 81
參考文獻................................................ 82
Aboody, D., and R. Kasznik. 2000. “CEO stock option awards and the timing of corporate voluntary disclosures” Journal of Accounting and Economics 29:73-100.
Ali, A. 1994. “The incremental information content of earnings, working capital from operations, and cash flows.” Journal of Accounting Research 32: 61-74.
Barth, M. E., D. P. Cram and K. K. Nelson. 2001.“Accruals and the prediction of future cash flow.’’ The Accounting Review 76: 27-58.
Barth, M. E. 2006. “Including estimates of the future in today’s financial statements.” Accounting Horizons 20: 271-285.
Bernard, V., and T.L. Stober. 1989. “The timing, amount, and nature of information reflected in cash flows and accruals.” The Accounting Review 64: 624-652.
Bowen, R., Burgstahler, D., and L. Daley. 1986. “Evidence on the relationships between earnings and various measures of cash flow.” The Accounting Review 61: 713-725.
Brochet, F., and S. Nam and J. Ronen. 2007. “ Accruals and the prediction future cash flows.” Unpublished working paper, New York University.
Cheng, C.S. Agnes and Hollie, Dana, “The Persistence of Cash Flow Components into Future Cash Flows” Unpublished working paper, Houston University.
Clinch, G, B. Sidhu, and S. Sin. 2002. “The usefulness of direct and indirect cash flow disclosures. Review of Accounting Studies 7:383-404.
Dechow, P. 1994. “Accounting earnings and cash flows as measures of firm performance: The role of accruals” Journal of Accounting and Economics 18:3-42.
Dechow, P., R. Sloan, and Sieney. 1996. “Causes and consequences of earnings manipulation: an analysis of firms subject to enforcement actions by the SEC.” Contemporary Accounting Research (Spring):1-36.
Dechow, P. M., S. P. Kothari, and R. L. Watts. 1998. “The relation between earnings and cash flows.” Journal of Accounting and Economics 25: 133-168.
Dechow, P. M., and I. D. Dichev (2002). “The quality of accruals and earnings: The role of accrual estimation errors” The Accounting Review 77:35-59.
DeFond, M. and J. Jiambalvo. 1994. “Debt covenant violation and manipulation of accruals . Journal of Accounting and Economics 17: 145-176.
Fan, P. H., and T. J. Wong. 2002. “Corporate ownership structure and the informativeness of accounting earnings in East Asia.” Journal of Accounting and Economics 33: 401-425.
Financial Accounting Standards Board (FASB). 1978. Objectives of Financial Reporting by Business Enterprises. Statement of Financial Accounting Concepts No.1. Norwalk. CT: FASB.
Francis, J., R. LaFond, P. Olsson and K. Schipper. 2005a. “ The marketing pricing of accruals quality.” The Accounting Review 79:967-1010.
Greenberg, R.R., Johnson, G.L., and K. Ramesh. 1986. “Earnings versus cash flows as a predictor of future cash flow measures.” Journal of Accounting, Auditing and Finance 1:266-277.
Klein, A. 2002. “Auditing committee, board of drector characteristics, and earnings management.” Journal of Accounting and Economics 33: 375-400.
Lakonishok, J., A. Shleifer and R. vishny. 1994. “Constraian investment extrapolation and risk.” Journal of Finance 44: 1541-1578
Lev, B., Siyi, L., and T. Sougiannis. 2005. “Accounting estimates: pervasive, yet of questionable use.” Unpublished working paper, New York University.
Palepu, Healy and Bernard. 2004. Business Analysis and Valuation Using Financial Statements 3rd Ed., South Western Publishing Co.
Penman S. H. 2007. Financial Statement Analysis and Security Valuation 3rd Ed., McGraw-Hill Co.
Piotroski, J. 2000. “Value investing: The use of historical financial statement information to separate winners from losers.” Journal of Accounting Research 38: 1-41.
Piotroski, J. 2005. “Further evidence on the relation between historical financial statement information , future stock returns and the value/glamour effect. Unpublished working paper, University of Chicago.
Poon, S. and C. Granger. 2002. “Forecasting volatility in financial markets.” Journal of Economic Literature XLI:478-539.
Pound, J. 1988. “Proxy contest and the efficiency of shareholder oversight” Journal of Financial Economics 20: 237-265.
Rayburn, J. 1986. “The association of operating cash flow and accruals with security returns.” Journal of Accounting Research 24:112-133.
Sharma, V. D. 2004. “Board of director characteristics, institutional ownership, and fraud: evidence from Australia.” Auding: A Journal of Practice and Theory 23:105-117.
Sloan, R. G. 1996. “Do stock prices fully reflect information in accruals and cash flows about future earnings?” The Accounting Review 71:289-315.
Thomas, J., and H. Zhang. 2002. “Inventory changes and future returns” Review of Accouting Studies 7: 163-187.
Xie, B.,W. N. Davidson Ⅲ, and P. J. DaDalt. 2003. “Earnings management and corporate governance: the role of the board and the audit committee”Jour-
nal of Corporate 9 (3): 295-316.
Yeh, Y.h., T. S. Lee and T. Woidtke. 2001. “Family control and corporate governance: evidence from Taiwan.” International Review of Finance 2:21-48.
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top
無相關論文
 
1. 夏鑄九(1999)「市民參與和地方自主性:臺灣的社區營造」,城市與設計學報9(10):175-185。
2. 唐順明、李宗軒(1999)「建立企業網路的關鍵因素」,文大商管學報4(1):53-71。
3. 胡幼慧(1977)「一個社區發展的實例-臨溪社區」,東吳政治社會學報(1):179-194。
4. 夏鑄九、成露茜、陳幸均、戴伯芬(2002)「朝向市民城市-臺北大理街社區運動」,臺灣社會研究(46):141-172。
5. 邵珮君(2003)「臺灣集集震災後社區營造式重建機制之探討以軍功里和劉家伙房之重建為例」,都市與計劃30(4):371-389。
6. 林燦煌、胡金勝(2005)「臺灣切花物流產業經營之關鍵成功因素與策略」,農業經營管理(11):35-62。
7. 林淑婷、陳章波、龐元勳(2004)「生態旅遊與社區營造的參與式規劃:以高美海岸溼地為例」,環境教育研究2(1):85-108。
8. 林國平、黃雅歆、連佩婷、藍霈雯(2003)「從使用者觀點探討經營網路銀行業務之關鍵成功因素」,產業論壇4(2):293-312。
9. 林振豐(2002)「苗栗社區總體營造在社區主義形成過程中的瓶頸與對策」,空大行政學報(12):293-335。
10. 林原宏(1996)「層級分析法:理論與應用之探討(2)」,測驗統計簡訊(9):23-26。
11. 林原宏(1995)「層級分析法:理論與應用之探討(1)」,測驗統計簡訊(8):31-34。
12. 林明瑞、謝有誌(2005)「中部地區環保模範社區發展因素之研究」,臺中師院學報19(1):89-113。
13. 周宇超、趙胤芝(2004)「運用質性研究方法探究企業導入ERP之關鍵成功因素」,管理研究學報4(2):217-247。
14. 沙依仁(1977)「我國社區發展改進之研究」,社會科學論叢 (26):103-134。
15. 李銓、呂文屏(2004)「組織變革的關鍵成功因素以商業無線電視臺為例」,傳播管理學刊5(1):17-30。
 
系統版面圖檔 系統版面圖檔