臺灣博碩士論文加值系統

穩健原則為傳統財務會計慣例與財務報表特性之一，存在的目的就是要保護投資人和債權人。資本市場向來存在投資人與管理階層之間的代理衝突，以及投資人與債權人之間的利益衝突。本研究旨在探討公司治理與會計穩健性之關聯，藉以檢測台灣上市櫃公司之公司治理機制良窳是否影響會計資訊的穩健。本研究以1999至2009年台灣上市櫃公司為樣本，參考Basu (1997)、Ball and Shivakumar (2005)、Givoly and Hayn (2000)三種測量會計穩健的方法來驗證和公司治理的關係，並將公司治理分成四大構面，綜合計算出一項綜合指數來衡量公司治理之優劣。實證結果顯示，除Basu (1997)之市場模型顯示公司治理與會計穩健性並沒有顯著關係，其餘Ball and Shivakumar (2005)及Givoly and Hayn (2000)之應計基礎模型結果都能顯著支持公司治理品質愈好的公司其會計穩健性愈高。

Accounting conservatism is one of the most important characters in traditional financial reporting. The main purpose of conservatism is to reduce interest conflicts among investors, managers, and creditors. This study examines the association between accounting conservatism and corporate governance. This study uses a sample of Taiwanese listed firms from 1999 to 2009. I measure conservatism based on three methods proposed by Basu (1997), Ball and Shivakumar (2005), and Givoly and Hayn (2000). Corporate governance is measured from four dimensions and is combined into a composite index. The empirical results show a significant and positive association between the level of corporate governance and accounting conservatism based on accrual-based models, but this association is insignificant based on market-based models.

第一章 緒論 1
第一節 研究背景與目的 1
第二節 研究架構 3
第二章 文獻回顧 5
第一節 穩健原則 5
第二節 公司治理 9
第三節 公司治理與會計穩健 12
第三章 研究設計 15
第一節 公司治理變數定義及衡量方 15
第二節 實證模型 21
第三節 資料來源與樣本篩選 25
第四章 實證結果與分析 27
第一節 敘述性統計 27
第二節 相關係數分析 32
第三節 實證結果分析 35
第四節 敏感性分析 40
第五章 結論與建議 51
第一節 研究結果 51
第二節 研究限制 52
參考文獻 53

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