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研究生:官治政
研究生(外文):Chih-Cheng Kuan
論文名稱:從財稅差異角度檢視中國大陸會計品質
論文名稱(外文):The Accounting Quality When Firms Have Large Book-Tax Differences-An Empirical Study In China Capital Market
指導教授:張敏蕾張敏蕾引用關係
學位類別:碩士
校院名稱:銘傳大學
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:2008
畢業學年度:96
語文別:中文
論文頁數:70
中文關鍵詞:盈餘管理應計數品質應計數持續性盈餘保守性價值攸關性財稅差異會計品質盈餘持續性
外文關鍵詞:accrual persistenceearning persistenceaccounting qualitybook-tax differenceaccrual qualityvalue relevanceearning managementearning conservation
相關次數:
  • 被引用被引用:4
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本研究以財稅差異角度,檢視中國大陸會計品質,其中本研究將上市公司之財稅差異區分成三組,即大幅為正、大幅為負和小幅財稅差異,而所稱會計品質,係以盈餘持續性、應計數持續性、應計數品質、盈餘保守性、價值攸關性和盈餘管理等替代。
實證分析結果指出,盈餘持續性和應計數持續性,皆與財稅差異顯著正相關,即當公司有大幅為正或大幅為負之財稅差異時,相較於小幅財稅差異,其盈餘持續性和應計數持續性皆較低。進一步探討應計數品質,發現財稅差異與應計數品質呈顯著負相關。而在盈餘保守性方面,當公司存在大幅財稅差異時,對於壞消息是採取較不保守的態度,對於好消息方面,並無不保守現象,但皆不顯著。理性的投資者,會將財稅差異過大視為一種「危險的訊號」,進而透過證券交易市場,給予公司較低的評價。最後,本研究使用非營運損益與財稅差異做連結,亦證實當公司透過非營運損益進行盈餘管理時,會使得財稅差異擴大。因此,本研究證實當公司有大幅財稅差異時,反應其會計品質是較差的,尤其是大幅為負之財稅差異的公司,其會計品質是最差的。
This paper uses book-tax difference (BTD) to examine the accounting quality of listing companies in China. In this paper, I divide BTD into three groups-large positive BTD, large negative BTD and small BTD. The proxies of accounting quality include earning persistence, accrual persistence, accrual quality, conservation, value relevance, and earning management.
The result indicate that both earning persistent and accrual persistent are significantly positive associated with BTD. It means that when firm-years with large BTD that are less earning persistent and less accrual persistent than firm-years with small BTD. To discuss accrual quality deeply, I find BTD is significantly negative associated with accrual quality. In aspect of earning conservatism, when firm-years with large BTD, it will take less conservative attitude for bad news. But for good news, it doesn’t exist in conservative situation. Both two situations don’t access significantly level. Rational investors treat large BTD as a “red flag” and they will give firms lower value through securities market. Finally, this study connects income from non-operating activities with BTD, it also proves that firms have earning management behaviors which use income from non-operating activities, BTD will become larger. Therefore, this study provides evidence that when firms with large BTD, it has low accounting quality. Especially firms with large negative BTD, it has the lowest accounting quality.
內容目錄…………………………………………………………………I
圖目錄……………………………………………………………………III
表目錄……………………………………………………………………IV
第一章 緒論……………………………………………………………1
第一節 研究背景與動機…………………………………………1
第二節 研究目的與貢獻…………………………………………5
一、研究目的……………………………………………………………………5
二、研究貢獻……………………………………………………………………5
第三節 研究架構…………………………………………6
第四節 研究流程…………………………………………7
第二章 文獻探討………………………………8
第一節 中國大陸會計制度背景………………………………8
第二節 財稅差異…………………………………………………10
第三節 會計品質…………………………………………………13
一、盈餘持續性與應計數持續性…………………………………………………13
二、應計數品質…………………………………………………14
三、盈餘時效性和保守性原則…………………………………………………15
四、價值攸關性…………………………………………………16
五、盈餘管理…………………………………………………17
六、其他…………………………………………………19
第四節 財稅差異與會計品質…………………………………20
第三章 假說發展與實證模型…………………………………………22
一、盈餘持續性與應計數持續性…………………………………………………25
二、應計數品質…………………………………………………29
三、盈餘時效性和保守性原則…………………………………………………31
四、價值攸關性…………………………………………………33
五、盈餘管理…………………………………………………35
第四章 樣本選取和實證分析…………………………………………………37
第一節 樣本選取…………………………………………………37
第二節 實證分析…………………………………………………39
一、盈餘持續性與應計數持續性…………………………………………………39
二、應計數品質…………………………………………………44
三、盈餘時效性和保守性原則…………………………………………………46
四、價值攸關性…………………………………………………50
五、盈餘管理…………………………………………………53
第五章 結論與建議…………………………………………………56
第一節 研究結論…………………………………………………56
第二節 研究限制…………………………………………………58
第三節 研究建議…………………………………………………58
參考文獻…………………………………………………………………59
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