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研究生:陳昱佑
研究生(外文):CHEN,YU-YU
論文名稱:會計穩健性、資本結構與股利發放政策
論文名稱(外文):Accounting Conservatism、Capital Structure and Dividend Policy
指導教授:沈文華沈文華引用關係
指導教授(外文):SHEN, WEN-HUA
口試委員:方俊儒林宗輝沈文華
口試委員(外文):FANG, CHUN-JULIN, TZONG-HUEISHEN, WEN-HUA
口試日期:2022-06-17
學位類別:碩士
校院名稱:國立高雄科技大學
系所名稱:會計資訊系
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:2022
畢業學年度:110
語文別:中文
論文頁數:52
中文關鍵詞:會計穩健性資本結構穩健性股利發放政策
外文關鍵詞:Accounting ConservatismCapital StructureDividend Policy
相關次數:
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  • 下載下載:1
  • 收藏至我的研究室書目清單書目收藏:0
本研究以現金股利發放率、每股現金股利發放金額、股票股利發放率與每股股票股利發放金額為應變數,探討會計穩健性及資本結構對每股盈餘與股利發放政策之間的關係是否具有調節效果。實證結果發現:(1)會計穩健性對每股盈餘與現金股利發放率之間的關係,以及每股盈餘與每股現金股利發放金額之間的關係,均具有正向的調節效果,顯示當公司會計穩健性較高時,會提高公司以盈餘發放現金股利的比率及金額。(2)會計穩健性對每股盈餘與每股股票股利發放金額之間的關係,具有正向的調節效果,顯示當會計穩健性較高時,會提高公司以盈餘發放每股股票股利金額,但對於盈餘與股票股利發放比率之間的關係,並無顯著影響。最後,(3)公司資本結構穩健性只對每股盈餘與現金股利發放率之間的關係具有正向的調節效果。
This study uses cash dividend payout rate, cash dividend payout amount per share, stock dividend payout rate, and stock dividend payout amount per share as dependent variables to explore whether accounting conservatism and capital structure both have moderating effects on the relationship between earnings per share and dividend payout policy. The empirical results show that: (1) Accounting conservatism has a positive moderating effect on the relationship between earnings per share and cash dividend payout rate, as well as the relationship between earnings per share and cash dividend payout amount per share. When the company's accounting conservatism is high, it will increase the cash dividends payout rate and the cash dividends payout amount per share based on earnings per share. (2) Accounting conservatism plays a positive moderating effect on the relationship between earnings per share and stock dividends payout amount per share. However, there is no moderating effect on the relationship between earnings per share and the stock dividend payout rate. Finally, (3) the company's capital structure robustness has a positive moderating effect on the relationship between earnings per share and cash dividend payout rate.
                      
中文摘要  -------------------------------------------------------------------------------- i
英文摘要 -------------------------------------------------------------------------------- ii
誌謝 -------------------------------------------------------------------------------- iii
目錄 -------------------------------------------------------------------------------- iv 
表目錄 -------------------------------------------------------------------------------- vi 
圖目錄 -------------------------------------------------------------------------------- vii 
壹、 緒論 -------------------------------------------------------------------------------- 1
第一節、 研究背景與動機--------------------------------------------------------- 1
第二節、 研究目的------------------------------------------------------------------- 4
第三節、 研究流程------------------------------------------------------------------- 5
貳、文獻探討及假說發展-------------------------------------------------------------- 7
 第一節、會計穩健性----------------------------------------------------------------- 7
 第二節、資本結構--------------------------------------------------------------------- 9
 第三節、股利發放政策-------------------------------------------------------------- 11
 第四節、假說發展--------------------------------------------------------------------- 14
  (一)會計穩健性與股利發放政策------------------------------------------------- 14
  (二)資本結構與股利發放政策----------------------------------------------------- 15
參、研究設計------------------------------------------------------------------------------- 17 
 第一節、資本來源與樣本篩選----------------------------------------------------- 17
 第二節、研究模型--------------------------------------------------------------------- 20
(一)、假說H1a至H2d之檢驗-------------------------------------------------- 21
第三節、研究變數定義--------------------------------------------------------------- 23
(一) 、應變數-------------------------------------------------------------------------- 23
(二) 、自變數-------------------------------------------------------------------------- 23
(三) 、調節變數----------------------------------------------------------------------- 23
(四) 、控制變數----------------------------------------------------------------------- 24
肆、實證結果與分析 --------------------------------------------------------------------- 26
 第一節、敘述性統計量---------------------------------------------------------------- 26
 第二節、相關係數分析---------------------------------------------------------------- 28
第三節、杜賓法迴歸分析------------------------------------------------------------- 30
(一)、假說H1a與H2a之檢定結果--------------------------------------------- 30
(二)、假說H1b與H2b之檢定結果----------------------------------------------32
(三)、假說H1c與H2c之檢定結果---------------------------------------------- 34
(四)、假說H1d與H2d之檢定結果----------------------------------------------36
第四節、敏感性分析-------------------------------------------------------------------- 38
伍、研究結論與建議 -------------------------------------------------------------------- 47
 第一節、研究結論---------------------------------------------------------------------- 47
 第二節、研究建議---------------------------------------------------------------------- 47
參考文獻 ------------------------------------------------------------------------------------- 48

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