臺灣博碩士論文加值系統

本論文主要探討會計準則之攸關性與債務條件(貸款利率、財務條款數量及擔保品)的關係。本研究樣本選自1990年至2005年美國銀行聯貸，實證結果發現：第一、當會計準則的攸關性愈高時，貸款利率較高；第二、當會計準則之攸關性愈高時，債務契約中使用財務條款的數量會降低。本研究結果隱含會計準則之攸關性能降低財務報表訂約之功能，此結果對於目前全球準則制定之機構(IASB,FASB)提出不同角度的觀點及看法。

This study examines the associations between accounting standard relevance and loan contractual terms (interest rate, financial covenants, and collateral). Utilizing the sample from U.S. syndicated loan market during years 1990 to 2005, empirical results indicate that the extent of accounting standard relevance is positively associated with loan spreads, and negatively associated with the use of accounting-based financial covenants. My findings imply that the accounting standard relevance reduces the role of contractibility of financial statement and provide policy implication for regulators, in particular FASB and IASB.

壹、緒論 1
貳、文獻探討與假說發展 5
一、會計準則之品質特性 5
二、債務契約之功能 6
三、會計準則品質特性對債務契約之影響 8
四、假說建立 10
參、研究設計 15
一、模型設計 15
二、資料與樣本來源 19
肆、實證結果 21
一、敘述性統計 21
二、相關性分析 22
三、實證模型之迴歸結果 22
伍、研究結論與未來建議 27
一、研究結論 27
二、研究限制及未來建議 28
參考文獻 29

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