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研究生:李秀玲
研究生(外文):Hsiu-Ling Lee
論文名稱:實質盈餘管理對盈餘持續性之影響
論文名稱(外文):Real Activities Manipulation and Earnings Persistence
指導教授:陳慶隆陳慶隆引用關係
指導教授(外文):Ching-Lung Chen
學位類別:碩士
校院名稱:國立雲林科技大學
系所名稱:會計系碩士班
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:2013
畢業學年度:101
語文別:中文
論文頁數:48
中文關鍵詞:盈餘持續性投機性假說最適規模調整假說實質盈餘管理
外文關鍵詞:Real activities manipulationEarnings persistenceOpportunistic earnings reporting hypothesisInformative size-adjusting hypothesis
相關次數:
  • 被引用被引用:9
  • 點閱點閱:684
  • 評分評分:
  • 下載下載:246
  • 收藏至我的研究室書目清單書目收藏:0
會計文獻顯示公司策略性實質盈餘管理行為存在兩種動機:投機性操弄盈餘報導與最適規模的調整,兩種不同動機對會計盈餘品質應有不同的影響,在投機性假說的觀點,預期實質盈餘管理對公司盈餘持續性有負面的影響,反之,在最適規模調整的觀點下,預期實質盈餘管理對公司盈餘持續性有正面的影響。本研究以我國上市櫃公司為樣本檢測公司策略性實質盈餘管理對盈餘持續性的影響,以瞭解我國策略性實質盈餘管理與盈餘品質之間的關係。實證結果顯示:實質盈餘管理活動降低公司盈餘持續性,此結果支持投機性實質盈餘管理的觀點,亦即公司實質盈餘管理降低盈餘報導品質,進而降低當期盈餘與未來盈餘的連結。進一步檢測發現此負向關係在正向及負向實質盈餘管理兩種情境皆可獲得實證的支持,且在博達案發生後更加明顯。
Extant studies suggest that there are two motives for managerial real activities manipulation reporting: opportunistic earnings reporting hypothesis versus informative size-adjusting hypothesis. The former hypothesis suggests that the real activities manipulation has a negative influence on firm’s earnings quality, particularly, earnings persistence. Yet, the latter hypothesis argues that the real activities manipulation has a positive influence on firm’s earnings persistence. The present study is motivated to examine which hypothesis can gain empirical supported in Taiwan stock market. The empirical result supports the opportunistic earnings reporting hypothesis, i.e., managerial real activities manipulation is negatively associated with firm’s earnings persistence. Further examination reveals that this negative association also gains empirical supported in both the income-increasing and income-decreasing real activities manipulation sub-samples. Moreover, it is interesting to find that the negative association between real activities manipulation and earnings persistence is enhanced after the occurrence of PROCOMP Company event.
中文摘要 ……………………………………………………………………………....i
Abstract ………………………………………………………………………….…..ii
誌謝 ……………………………………………………………………………..iii
目 錄 iv
表 目 錄 v
圖 目 錄 vi
第一章 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 研究架構與流程 4
第二章 文獻探討 6
第一節 盈餘管理之相關文獻 6
第二節 盈餘持續性之相關文獻 11
第三章 研究設計 13
第一節 研究假說 13
第二節 實質盈餘管理變數及控制變數 15
第三節 實證模型 19
第四節 資料來源、研究期間與樣本選取 21
第四章 實證結果與分析 24
第一節 敘述性統計與相關性分析 24
第二節 實證結果 27
第五章 額外測試 31
第一節 以未來二期平均每股盈餘為基礎之檢測 31
第二節 博達案之測試 33
第六章 研究結論與限制 35
參考文獻 36
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1. 25. 聶建中、林景春、詹凱婷,2003,兩岸三地股價聯動研究,輔仁管理評論,第十一卷第二期,pp. 63-82
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5. 2. 范宏書、陳慶隆、廖英任,2008,“盈餘管理對會計資訊的相對價值攸關性之影響”,管理與系統,15卷,1期,頁93~136。
6. 2. 范宏書、陳慶隆、廖英任,2008,“盈餘管理對會計資訊的相對價值攸關性之影響”,管理與系統,15卷,1期,頁93~136。
7. 3. 張文瀞,2003,“本益比變動與盈餘管理”,當代會計,四卷,1期,頁29~56。
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10. 10. 鄭哲惠、吳博欽、薛富井,2011,“穩健會計與盈餘持續性—考慮不同組成的穩健性指標”,會計評論,52期,頁77~101。