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研究生:邱彥勛
研究生(外文):Chiu, Yen-Hsun
論文名稱:揭開英國大型非公開發行公司的面紗-國際會計準則,公司特性與盈餘品質
論文名稱(外文):Piercing The UK Large Private Firms' Veil-IFRS, Firm Characteristics and Earnings Quality
指導教授:許育綝
指導教授(外文):Hsu, Yu-Lin
口試委員:陳妮雲周庭楷
口試委員(外文):Ni-Yun ChenTing-Kai Chou
口試日期:2017-06-02
學位類別:碩士
校院名稱:國立成功大學
系所名稱:會計學系
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:2017
畢業學年度:105
語文別:中文
論文頁數:56
中文關鍵詞:英國大型非公開發行公司國際會計準則公司特性盈餘品質
外文關鍵詞:UK Large Private FirmsIFRSFirm characteristicsEarnings Quality
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  最近英國財務報告理事會在2013年3月時發佈一組準則要在2015取代舊有的英國會計準則,非公開可以選擇使用新英國一般公認會計原則亦或是轉換至國際會計準則,文獻顯示一些非公開發行公司會有誘因採用國際會計準則(財務槓桿、公司規模),然而以往文獻對於採用國際會計準則是否改善盈餘品質仍然沒有一致的結論,是個開放式的問題,本文利用英國大型非公開發行公司在2014、2015年轉換至國際會計準則以產業、規模對比非轉換者的公司特性、盈餘品質,這對於那些給予非公開發行公司選擇的英國監管機構來說是個很好評估會計準則的機會,本研究發現,在2014年時公司會不會轉換至國際會計準則和有沒有外國股東有關,到2015年時此選擇和公司規模、四大會計師事務所查核、是否被上市公司持有和財務槓桿有關,在新法規下,轉換至國際會計準則會影響英國大型非公開發行公司的盈餘品質,以異常營運資金應計數作為盈餘品質變數轉換至國際會計準則會增加盈餘管理降低盈餘品質,但是在即時認列損失的面向顯示盈餘品質是上升的情形。此研究彌補了現有非公開發行公司文獻之不足,在盈餘品質的兩種面向上有不同的結果顯示國際會計準則有其優點也有缺點無法完全滿足所有使用者的需求,這些問題對於主管機關需要考量如何在這之間做取捨。
  In 2013, The Financial Reporting Council issued a set of New UK GAAP which will officially replace Old UK GAAP from 1 January 2015. For private companies’ they can choose to use UK GAAP or switch to IFRS. Several studies find that specific private companies have incentive to adopt IFRS. Furthermore, prior literature on the impact of mandatory IFRS adoption on earnings quality did not have consistent conclusion and an open empirical question remains.
  We investigate whether private companies that switched to IFRS in 2014 or 2015 and private companies which did not and were matched by industry and size are different in term of firm characteristics and earnings quality. This is a good chance to evaluate whether UK GAAP or IFRS is better for private companies. The results show that private companies are more likely to switch to IFRS in 2014 when there are foreign shareholders. Private companies that switched to IFRS in 2015 are associated with their size, leverage, auditors and whether the companies were controlled by group. Overall, our results show that switching to IFRS would impact earnings quality and result in an increase in accrual earnings management and reduce earnings quality. However, the conversion to IFRS led to a more timely loss recognition, which indicates a better quality of earnings. The results show that there is no perfect accounting rules. The regulator must trade-off what is important for them.
目錄
第一章 緒論                       1
第一節 研究背景與動機                   1
第二節 研究目的 7
第三節 研究架構 10
第二章 文獻回顧以及假說發展 11
第一節 公司採用國際會計準則的決定因子 11
第二節 公開發行與非公開發行公司在盈餘管理動機上的差異 13
第三節 非公開發行公司的盈餘管理 14
第四節 國際會計準則與盈餘品質 15
第三章 研究方法 17
第一節 樣本選取 17
第二節 變數衡量 18
第三節 模型建立 24
第四章 實證結果 28
第一節 敘述性統計 28
第二節 相關係數分析 30
第三節 迴歸分析 32
第四節 穩健性測試 39
第五章 結論與建議 42
第一節 研究結論以及意涵 42
第二節 研究限制與建議 46
參考文獻 47
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