臺灣博碩士論文加值系統

本研究主要探討盈餘衝擊對庫藏股買回的影響，過去的文獻在庫藏股或盈餘相關的研究並不少，但卻少有將其一併探討的研究。
本文參照廖哲慶(2009)分析庫藏股買回及盈餘衝擊的影響，其在盈餘衝擊方面的結果顯示未預期盈餘和庫藏股買回的決定沒有顯著的影響。然而本研究使用二階段估計法，第一階以Probit 模型估計是否實施庫藏股買回，第二階段採用Koenker and Bassett (1978)的分量迴歸分析庫藏股買回的量，並利用stata10計量軟體進行估計，結果發現在低分量時盈餘衝擊與庫藏股買回有正向且顯著的關係。但在高分量時卻呈現顯著但負向的關係。

This study investigates the impact on earnings of treasury stock of the past literature on treasury shares or earnings-related research, and many, but few will be one and discuss research.
This article refers to Liaozhe Qing (2009) of treasury stock, earnings shocks - tracking data sample selection model to use. In terms of its impact on earnings results show unexpected earnings and treasury stock of the decision did not significantly affected. However, the present study used two stage estimation method, the first step in the implementation of Probit model estimates of treasury stock, the second phase Koenker and Bassett (1978) quantile regression analysis of treasury stock in the amount of, and use software to measure stata10 estimates and found that when the earnings component in the low impact and treasury stock has a positive and significant relationship. However, high molecular weight, but a significant negative Shique showing the relationship

第一章 緒論………………………………………………………………………1
一、 研究動機與目的 …………………………………………………………1
二、研究架構 …………………………………………………………………2

第二章 文獻回顧 ………………………………………………………………3
一、 庫藏股買回的動機 ………………………………………………………3
二、 盈餘衝擊 …………………………………………………………………4
三、 庫藏股買回及盈餘衝擊 …………………………………………………7

第三章 研究方法與資料來源……………………………………………………9
一、研究假說 …………………………………………………………………9
二、方法 ………………………………………………………………………9
四、 資料來源 ………………………………………………………………12

第四章 實證結果分析 …………………………………………………………15
一、 Probit模型實證結果 …………………………………………………15
二、 分量迴歸模型實證結果 ………………………………………………15

第五章 結論與建議………………………………………………………………27

參考文獻 …………………………………………………………………………28
中文部份 ………………………………………………………………………28
英文部份 ………………………………………………………………………28

中文部份

1.林育瑩，(2013)公司發生財務危機的可能性對盈餘管理之影響，國立成功大學會計學研究所碩士論文。
2.官心怡，(1994)經理人員盈餘預測與盈餘操縱之關聯性，台灣大學會計學研究所未出版之碩士論文。
3.徐同郁，(2005)應計項目及現金流量與公司經理人獎酬之關連性研究，銘傳大學會計學系研究所未出版之碩士論文。
4.張哲文，(2001)我國新上櫃公司盈餘管理行為之研究，國立台北大學企業管理研究所未出版碩士論文。
5.廖哲慶，(2009)庫藏股買回、盈餘衝擊的影響-追蹤資料的樣本選擇模型的運用,國立清華大學財務金融學系碩士論文。
6.謝敏褀，(1999)上市公司現金增資前財務預測與盈餘管理之關連性，國立政治大學國際貿易學系未出版之碩士論文。
7.蘇逸穎，(1999)本期盈餘、預期未來盈餘和盈餘操縱之關聯性，台灣大學會計學研究所未出版之碩士論文。

英文部份

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