臺灣博碩士論文加值系統

本文以台灣曾經上市櫃公司為研究對象，探討公司財務報表被出具分擔式意見對於盈餘屬性及盈餘資訊性之影響。本文使用不同盈餘屬性之衡量方法，如應計項目品質、盈餘持續性、盈餘可預測性及盈餘平穩化與分擔式意見之關聯性。當控制盈餘屬性之重要因素後，實證結果顯示，被出具分擔式意見之財務報表，其盈餘屬性(預測性)較標準式無保留意見佳，隱含分擔式意見會使企業之盈餘品質較標準式無保留意見佳。其次本研究以未來盈餘反應係數(FERC)捕捉被出具分擔式意見財務報表之盈餘資訊性。結果顯示被出具分擔式意見之財務報表對於未來盈餘資訊性不會造成影響，但有助於提高當期盈餘。最後使用Modified Jones Model作為應計項目品質之敏感性分析，部分支持本研究之假說一。

This study investigates the impact of shared audit opinion usage on earnings attributes and earnings informativeness. First, we examine the relation between the shared audit opinion usage and several attributes of earnings: accrual quality, persistence, predictability, and smoothness. After controlling for innate determinants of the earnings attributes, empirical results indicate that financial statement with shared audit opinion can enhance earnings persistence. This suggests that financial statement with shared audit opinion can improve earnings attributes. Second, we use future earnings response coefficient, denoted by FERC, to capture financial statement with shared audit opinion’s earnings informativeness. We find that financial statement with shared audit opinion can’t effect FERC, suggesting that financial statement with shared audit opinion can improve current earnings informative. These findings are robust to using alternative proxies for the earnings attributes (usage on Modified Jones Model), Some support for the hypothesis One.

摘要 I
Abstract II
目錄 III
圖表目錄 V
第一章、 緒論 1
第一節、 研究背景與動機 1
第二節、 研究問題及貢獻 2
第三節、 研究流程與架構 3
第二章、 文獻回顧與探討 4
第一節、 盈餘品質之衡量 4
第二節、 會計基礎之盈餘品質影響因素 5
第三節、 市場基礎之盈餘品質影響因素 7
第四節、 審計意見與資訊性 8
第三章、 研究方法 13
第一節、 研究假說 13
第二節、 實證模型及變數之定義 16
第三節、 樣本來源與樣本選取 22
第四章、 實證結果與分析 25
第一節、 敘述性統計 25
第二節、 實證結果分析 33
第三節、 敏感性分析 36
第五章、 結論與研究限制及建議 38
參考文獻 39
表一 樣本篩選表 22
表二 測試研究假說之各產業/年度觀察值之分佈概況 22
表三　 敘述統計量-模型一 27
表四　 相關係數矩陣-模型一 29
表五　 敘述統計量-模型二 30
表六 相關係數矩陣-模型二 32
表七 　分擔式意見與盈餘屬性之多元迴歸結果 34
表八　 分擔式意見與盈餘資訊性之迴歸結果 35
表九　 分擔式意見與Modified Jones Model之迴歸結果 37
圖一 論文流程圖 3

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