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研究生:陳奕瑜
研究生(外文):Yi-Yu,Chen
論文名稱:應用Ohlson Model 探討34號公報與公司治理之價值攸關性
論文名稱(外文):The Ohlson Model and Value-Relevance of Adoption of SFAS No.34 and Corporate Governance
指導教授:謝宛庭謝宛庭引用關係
指導教授(外文):Wan-Ting Hsieh
學位類別:碩士
校院名稱:國立高雄應用科技大學
系所名稱:會計系
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:2010
畢業學年度:98
語文別:中文
論文頁數:54
中文關鍵詞:第34號公報金融商品公司治理
外文關鍵詞:Taiwan’s SFAS No.34、Financial instrument、Corporate characteristics.
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摘要
2006 年1 月1 日開始適用之中華民國財務會計準則第34 號公報《金融商品之會計處理準則》規定,企業擁有的金融商品須依公報的規定予以重新分類及衡量,並依「公平價值」評價。本研究實證結果發現:公司適用第34號公報重新分類及衡量之金融資產有股價攸關性,即財務會計準則公報第34號公報之制定,不但提升金融商品之資訊透明度,且依第34號公報重新分類及衡量之金融商品也因公平價值衡量而較具價值攸關性。且在加入公司治理特性之後,股權評價模式的解釋能力有上升的情形,且對股價皆有顯著性的影響,因此,本研究不僅考量公司財務報表所傳達的財務資訊外,另將財務報表所無法涵蓋的其他資訊納入Ohlson Model,將使得Ohlson Model之股權評價模式更為完善。
Abstract
Taiwan SFAS No. 34 Accounting for Financial Instruments states financial instruments must classify and measure with fair value. This study examines value-relevance of adopting of SFAS No. 34 in Taiwan. My empirical results show that reclassified financial assets can reflect their economic value. Furthermore, I find corporate governance would increase the explanation of Ohlson valuation model and also full of value-relevance. Therefore,I find that Ohlson valuation model include nonfinancial information(such as corporate governance) is more comprehensive than Ohlson valuation model only include financial information.
目錄
中文摘要........................................................... I
英文摘要.......................................................... II
致謝..............................................................III
目錄...............................................................IV
表目錄.............................................................VI
圖目錄............................................................VII
第一章 緒論
  第一節 研究背景與動機..........................................1
  第二節 研究目的................................................2
  第三節 研究架構................................................3
第二章 文獻探討
  第一節 金融商品公報之探討......................................5
  第二節 Ohlson Model之應用.................................... 19
  第三節 公司治理相關研究.......................................22
第三章 研究設計與方法
  第一節 研究假說之建立.........................................30
  第二節 研究設計...............................................31
  第三節 研究期間、資料來源與樣本選取...........................35
第四章 實證分析
  第一節 樣本之敘述性資料.......................................37
  第二節 迴歸分析...............................................39
  第三節 敏感性測試.............................................46
第五章 結論與建議
  第一節 研究結論...............................................48
  第二節 研究建議及限制.........................................48
參考文獻...........................................................49
表目錄
表2-1 金融商品彙整...............................................10
表2-2 避險會計彙整.............................................. 12
表2-3 公報施行前後差異比較彙整...................................13
表3-1 樣本選取過程...............................................36
表4-1 公司依第34號公報重分類之金融商品之敘述性統計資料..........38
表4-2 公司治理之敘述性統計資料...................................39
表4-3 重分類金融資產及金融負債之股價攸關性.......................41
表4-4 探討重分類金融商品及公司治理特性之股價攸關性...............44
表4-5 探討重分類金融商品及公司治理特性之股價攸關性...............47
圖目錄
圖1-1 研究流程圖..................................................4
圖2-1 金融資產及金融負債會計科目之改變............................9
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