跳到主要內容

臺灣博碩士論文加值系統

(18.204.48.64) 您好!臺灣時間:2021/08/04 19:02
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

: 
twitterline
研究生:張啟晉
研究生(外文):Chi-chin Chang
論文名稱:公平價值會計下證券投資之分類決策
論文名稱(外文):Classification Decisions of Investment Securities under Fair Value Accounting
指導教授:賴秀卿賴秀卿引用關係陳政芳陳政芳引用關係
指導教授(外文):Syou-Ching LaiJeng-Fang Chen
學位類別:碩士
校院名稱:國立成功大學
系所名稱:會計學系碩博士班
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:117
中文關鍵詞:分類備供出售金融資產公平價值會計財務會計準則第34號公報
外文關鍵詞:Available for SaleClassificationsFair Value AccountingTaiwan's SFAS No.34
相關次數:
  • 被引用被引用:9
  • 點閱點閱:307
  • 評分評分:
  • 下載下載:27
  • 收藏至我的研究室書目清單書目收藏:0
財務會計準則公報第34號「金融商品之會計處理準則」改變以往會計上採用「成本與市價孰低法」的評價模式,對於金融商品朝向「公平價值會計」的方式來衡量與認列。本研究對象為銀行業及一般產業,探討2006年與2007年於適用財務會計準則第34號公報後,對於證券投資之分類決策是否與會計波動性容忍度、流動性需求、監管風險、經營風險,以及是否實施避險之公司特質因素有關。
銀行業之實證結果顯示,2006年首次實施適用第34號公報時,對銀行業證券投資分類決策較具衝擊,銀行業對其所持有之證券投資進行重分類時,會考量波動性風險、流動性風險,以及監管風險對其所產生之衝擊,然2007年則不若2006年所受到之影響程度高;一般產業之實證結果則顯示,一般產業在證券投資分類決策上受會計波動性容忍度與經營風險所影響,進一步將一般產業劃分成電子業與非電子業後,研究結果發現,僅電子業受波動性風險與經營風險所影響,且2006年之實證結果在整體上亦比2007年更具解釋能力。
本研究結果印證,經理人在首次適用第34號公報後,會基於上述因素而在證券投資分類決策上作權衡性考量。
The Taiwan’s Statement of Financial Accounting Standard No.34, ‘‘Financial Instruments: Recognition and Measurement’’ changes the valuation of investment securities from lower of cost or market to fair value. This paper investigates whether security classification decisions of our sample firms in 2006 and 2007 (banking and non-finance industry) are associated with firm-specific characteristics that reflect the tolerance of accounting volatility, desired liquidity requirement, regulatory risk, operational risk and hedgeing.
The empirical results indicate that security classification decisions of banks are associated with the tolerance of accounting volatility, desired liquidity requirement and regulatory risk. However, the results in 2007 are less siginificant than in 2006. For non-financing industry, the empirical results indicate that security classification decisions are associated with the tolerance of accounting volatility and operational risk, especially stronger in 2006. After dividing the sample firms into electronic and non- electronic industry, however, the results of empirical test are only siginificant in electronic industry.
The empirical results find managers of financial and electronic industry make tradeoffs among previous factors when deciding investment classification under SFAS No.34.
第壹章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 3
第三節 研究貢獻 4
第四節 研究架構 5
第貳章 文獻探討 6
第一節 金融資產會計處理 6
第二節 銀行資本適足性管理辦法 12
第三節 金融商品之公平價值會計處理與揭露相關文獻 16
第參章 研究方法 34
第一節 研究假說 34
第二節 變數衡量 39
第三節 研究期間、樣本選取與資料蒐集 43
第四節 實證模型 45
第肆章 實證結果與分析 52
第一節 敘述性統計及各變數相關性分析 52
第二節 實證結果與分析 86
第三節 敏感性分析 101
第伍章 結論與建議 107
第一節 研究結論 107
第二節 研究限制 109
第三節 研究建議 110
參考文獻 111
附錄:樣本明細 115
中文文獻
李郁儒,2006,三十四號公報與股票報酬之關聯性研究–以電子業為例,國立台灣大學會計學系研究所未出版之碩士論文。
紀登順,2007,金融商品財務報導之價值攸關性,國立台北大學會計學系研究所碩士論文。
胡恩懷,2007,「第三十四號會計公報:金融商品會計處理準則」宣告效果之研究,國立高雄第一科技大學財務管理研究所未出版之碩士論文。
徐榮煌,2006,首次適用公平價值會計對股價之影響,國立台北大學會計學系研究所碩士論文。
財務會計準則委員會,財務會計準則公報第三十四號公報「金融商品之會計處理準則」,財團法人中華民國會計研究發展基金會,民國92年12月25日公布,民國94年9月22日第一次修訂。
陳志遠,2007,第34號公報對財務報表科目價值攸關性之影響,輔仁大學會計學系研究所喔之碩士論文。
陳怡庭,2005,適用「第34號公報:金融商品之會計處理準則」對於上市公司股價的影響-以台灣傳統產業為例,國立台灣大學會計學系研究所未出版之碩士論文。
陳欣怡,2005,金融商品會計處理準則及未來修訂方向,會計研究月刊,第232期:62-67。
劉瑀農,2006,財務報導格式對非專業投資人判斷之影響-以綜合淨利資訊為例,淡江大學會計學系研究所未出版之碩士論文。
歐進士、李佳玲、詹茂昆,2004,我國企業盈餘管理與經營風險關連之實證研究,風險管理學報,第6卷,第2期:181-206。
羅勝強,2006,公允價值會計:理論分析與經驗證據,財經理論與實踐,第27卷,第143期:61-67。
英文文獻
Ahmed, A., and C. Takeda. 1995. Stock market valuation of gains and losses on commercial banks' investment securities: an empirical analysis. Journal of Accounting and Economics 20: 207–225.
Barth, M. E.. 1994. Fair value accounting: evidence from investment securities and market valuation. The Accounting Review 69 (1): 1–25.
Barth, M., W. Landsman, and J. Wahlen. 1995. Fair value accounting: effect on banks’ earnings volatility, regulatory capital, and value of contractual cash flows. Journal of Banking and Finance 19 (3–4): 577–605.
Barth, M., W. Beaver, and W. Landsman. 1996. Value-relevance of banks’ fair value disclosures under SFAS No. 107. The Accounting Review 71 (4): 513–537.
Beatty, A.. 1995. The effects of fair value accounting on investment portfolio management: how fair is it?. Review Federal Reserve Bank of St. Louis 77 (January/February): 25–38.
Beatty, A., S. Chamberlain, and J. Magliolo. 1996. An empirical analysis of the economic implications of fair value accounting for investment securities. Journal of Accounting and Economics 22: 43–77.
Beaver, W. H., P.A. Griffin, and W.R. Landsman. 1982. The incremental information content of replacement cost earnings. Journal of Accounting and Economics 5 (July): 15–39.
Beaver, W. H., and W. R. Landsman. 1983. Incremental Information Content of Statement 33 Disclosures. Norwalk, CT: FASB.
Bernard, V., and R. Ruland. 1987. The incremental information content of historical cost and current cost numbers: Time series analysis. The Accounting Review 62 (October): 701–722.
Bernard, V. L., R. C. Merton, and K. G. Palepu. 1995. Mark-to-market accounting for banks and thrifts: lessons from the Danish experience. Journal of Accounting Research 33 (1): 1–32.
Bublitz, B., T.J. Frecka and J.C. McKeown. 1985. Market association tests and FASB statement No. 33 disclosures: A reexamination. Journal of Accounting Research 23: 1–23.
Burkhardt, K., and R. Strausz. 2006. The effect of fair vs. book value accounting on banks. Working Paper, Free University of Berlin.
Carey, M.. 1995. Partial market value accounting, bank capital volatility, and bank risk. Journal of Banking & Finance 19: 607–622.
Cornett, M., Z. Razaee, and H. Tehranian. 1996. An investigation of capital market reactions to pronouncements on fair value accounting. Journal of Accounting and Economics 22 (1–3): 119-154.
Eccher, E., K. Ramesh, and R. Thiagarajan. 1996. Fair value disclosures by bank holding companies. Journal of Accounting and Economics 22 (1–3): 79–117.
Ernst & Young. 1993. A national survey of chief financial and chief investment officers in 216 financial services institutions.
Ernst & Young. 1994. A follow-up survey on the impact of the implementation of FAS 115.
Godwin, N., K. Petroni, and J. Wahlen. 1998. Fair value accounting for property-liability insurers and classification decisions under FAS 115. Journal of Accounting, Auditing, and Finance 13 (3): 207–239.
Hair, J. F. Jr., R. E. Anderson, R. L. Tatham, and W. C. Black. 1998. MultiSTDiate data analysis. Upper Saddle River. NJ: Prentice Hall International.
Haw, I. M., and S. Lustgarten. 1988. Evidence on income measurement properties of ASR No. 190 and SFAS No. 33 data. Journal of Accounting Research 26: 331–352.
Hodder, L., M. Kohlbeck, and M. L. McAnally. 2002. Accounting choice and risk management: SFAS No. 115 and U.S. bank holding companies. Contemporary Accounting Research 19 (2): 225–270.
Hodder, L., P. Hopkins, and J. Wahlen. 2006. Risk-relevance of fair-value income measures for commercial banks. The Accounting Review 81 (2): 337–375.
Ivancevich, D. M., A. F. Cocco, and S. H. Ivancevich. 1996. The effect of SFAS No. 115 on financial statement analysis. The Ohio CPA Journal 55 (4): 32–37.
Khurana, I., and M. Kim. 2003. Relative value-relevance of historical costs vs. fair value: evidence from bank holding companies. Journal of Accounting and Public Policy 22: 19–42.
Lys, T. Z. 1996. Abandoning the transactions-based accounting model: weighing the evidence. Journal of Accounting & Economics 22: 155–175.
Maddala, G. S.. 2001. Introduction to econometrics. Chichester ;John Wiley.
Murdoch, B.. 1986. The information content of FAS 33 returns on equity. The Accounting Review 61: 273–287.
Nelson, K.. 1996. Fair value accounting for commercial banks: an empirical analysis of SFAS No.107. The Accounting Review 71 (2): 161–182.
Nissim, D.. 2003. Reliability of banks' fair value disclosure for loans. Review of Quantitative Finance and Accounting 20 (4): 355–384.
Ohlson, J. A. 1999. On transitory earnings. Review of Accounting Studies 4 (3-4):145–162.
Petroni, K., and J. Wahlen. 1995. Fair values of equity and debt securities and share prices of property-liability insurance companies. Journal of Risk and Insurance 62 (4): 719–737.
Venkatachalam, M.. 1996. Value relevance of banks' derivatives disclosures. Journal of Accounting and Economics 22 (1–3): 327–355.
Yonetani, T., and Y. Katsuo. 1998. Fair value accounting and regulatory capital requirements–proceedings of a conference. Federal Reserve Bank of New York–Economic Policy Review 4 (3): 33–43.
網路資源
全國法規資料庫網站,http://law.moj.gov.tw。
行政院金融監督管理委員會,http://www.fscey.gov.tw/。
連結至畢業學校之論文網頁點我開啟連結
註: 此連結為研究生畢業學校所提供,不一定有電子全文可供下載,若連結有誤,請點選上方之〝勘誤回報〞功能,我們會盡快修正,謝謝!
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top