文獻指出，有較高資訊透明度之財務報導格式，較易偵測出盈餘管理的行為。近來研究則假設並驗證了有較高資訊透明度之綜合淨利報導格式亦能降低經理人在該範疇從事盈餘管理之可能性。在本篇研究中，由91個會計與財務金融研究生填寫問卷，選擇出售投資組合中某一筆備供出售證券，藉此試圖找出在相關領域工作的經理人，面臨類似情境可能採取行動之輪廓；以及提供會計原則制訂單位修訂公報之參考。實驗控制了綜合淨利報導格式之透明度，以及公司預計盈餘和分析師預測盈餘之間關係兩個自變數，以2×2組間設計方式進行分析。實驗結果指出，不論預計盈餘低於或高於分析師預測盈餘，參與者均傾向於賣出能增加盈餘之證券。然而，較高透明度綜合淨利報導格式，相較於低透明度者，未能明顯地降低淨利增加及淨利減少兩種盈餘管理意圖。實驗參與者指出，利用類似處分備供出售證券方法之盈餘管理，在不同報導格式表達下對報表閱讀者而言均屬中度明顯，在改善公司股價、及對管理當局報導正直性的影響程度亦屬中度，且無顯著差異。

Prior studies indicate that greater transparency in financial reporting formats is capable of detecting earnings management. The recent research hypothesizes and substantiates that greater transparency in disclosure of comprehensive income discourages managers from engaging in earnings management in the field of increased transparency. In this experiment, 91 graduate students in institutes of accountancy, and finance and banking choose which available-for-sale security to sell from a portfolio. By projecting these results on managers in related careers, I try to find out which step they would take when facing similar situations, and provide reference for accounting standard setters. This study manipulates the transparency of comprehensive income reporting and the relation between projected earnings and consensus forecasts in a 2 by 2 between-subjects design. Whether projected earnings are below or above consensus forecasts, participants, on average, tend to sell securities that increase earnings. However, more transparent comprehensive income format doesn’t significantly reduce both income-increasing and income-decreasing earnings management. All participants indicate that if a company was using techniques such as realized gains (losses) from available-for-sale securities to manage earnings, it would be moderately obvious to statement readers, and its effects on the company’s stock price and its reputation for reporting integrity are moderate, and not different significantly between the less and the more transparent conditions.

目錄
摘要 I
目錄 III
表目錄 IV
第一章 緒論 1
第一節 研究動機 1
第二節 研究問題 2
第二章 相關理論及文獻探討 5
第一節 SFAS第115號 5
第二節 盈餘管理 13
第三節 盈餘管理之相關文獻 20
第四節 透過處分備供出售證券從事盈餘管理 27
第五節 綜合淨利報導與其透明度 27
第六節 透明度與盈餘管理 30
第三章 研究方法 34
第一節 研究假說 34
第二節 研究設計 35
第四章 實驗結果與分析 41
第一節 受測格式確認分析 41
第二節 假說檢定 42
第三節 實驗後問卷分析 47
第五章 結論與建議 51
第一節 研究結論 51
第二節 研究限制 53
第三節 未來研究建議 54
參考文獻 55
附錄 問卷與原始樣本資料 60

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9. 莊美慧，現金增資與財務報導關聯性之研究，國立台灣大學會計研究所碩士論文，民國94年。
10. 黃婷鈺，公司盈餘符合或超過分析師預測之溢酬，國立中央大學企業管理研究所碩士論文，民國94年。
11. 黃瓊瑤，財務預測與盈餘管理之關聯性研究，靜宜大學企業管理研究所碩士論文，民國91年。

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