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研究生:廖家敏
研究生(外文):Chia-Ming Liao
論文名稱:會計師事務所簽證品質對經理人替換決策影響之實證研究
論文名稱(外文):The Effect between Audit Quality of Audit Firm Sizeand CEO Turnover
指導教授:王全三王全三引用關係
學位類別:碩士
校院名稱:國立臺灣大學
系所名稱:會計學研究所
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:45
中文關鍵詞:經理人異動查核品質盈餘品質會計師事務所規模
外文關鍵詞:CEO turnoveraudit qualityearnings qualityauditor size
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本研究擬探討盈餘品質的良窳對於經理人依據會計盈餘所裁定之替換決策的增額影響,高品質的財務報表應該有助於董事會作出正確的異動決策,據此,本研究預期經理人的異動與經營績效兩者間關係,由四大會計師事務所簽證之企業相較於非四大簽證者應有顯著的區隔。本研究蒐集了台灣由1997年至2008年間總計1218家公開發行公司為樣本,並未發現實證結果支持假說。經理人因會計績效導致異動的敏感程度並不會因為簽證會計師事務所是否為四大而產生明顯差異,在進一步加入裁決性應計數以控制盈餘管理的影響後仍然獲得同樣的結論。此外,研究發現由四大所簽證的企業其會計盈餘的表現普遍優於非四大簽證者,會計績效與查核事務所間正向的關係可能削弱基於會計盈餘衡量經理人異動的關係。當經理人若為家族企業所出任者與其異動間呈現顯著的負相關。



I examine whether audit quality affects the marginal impact of accounting performance on CEO turnover decision, because quality financial statements are supposed to facilitate a correct CEO dismissal decision. Specifically, I expect a stronger association between CEO turnover and firm performance for companies that retain the Big 4 audit firms than companies with the other audit firms. Using a sample of 1,218 publicly-traded company-years in Taiwan between 1997 and 2008, however, I find no support to my hypothesis. The sensitivity of CEO turnover likelihood to accounting performance is not higher for companies retaining the Big 4 audit firms than the other companies. This conclusion holds even when discretionary accruals are added to control for earnings management. However, companies audited by the Big 4 tend to perform better than the other companies. This positive association between firm performance and audit firms may weaken the relationship between CEO turnover and accounting performance. Finally, the results imply that CEO from founding family are more likely to reduce the possibility of turnover.



口試委員會審訂書 i
致謝 ii
中文摘要 iii
英文摘要 iv

第壹章 緒論 1
第一節 研究動機與目的 1
第二節 論文架構 4
第貳章 文獻探討與研究假說 5
第一節 審計品質與會計品質之文獻探討 5
第二節 經理人離職因素 9
第三節 影響經理人離職與績效關係 11
第四節 研究假說 14
第參章 研究方法 16
第一節 變數定義與衡量方法 16
第二節 實證模型 20
第三節 樣本與資料來源 21
第肆章 實證結果 25
第一節 敘述性統計 25
第二節 迴歸分析 30
第伍章 結論與建議 37
第一節 研究結論 37
第二節 研究限制 38
第三節 未來研究建議 39
參考文獻 40



中文部分

吳清在與曾玉琦,2008,會計師事務所合併對審計獨立性之影響,會計評論: 29-60。
劉嘉雯,2003,會計師事務所合併對客戶股價影響之研究—代理假說與保險假說。

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