| 記錄編號 | 5706 |
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| 狀態 | NC093FJU00385017 |
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| 助教查核 | |
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| 索書號 | |
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| 學校名稱 | 輔仁大學 |
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| 系所名稱 | 會計學系 |
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| 舊系所名稱 | |
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| 學號 | 492715035 |
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| 研究生(中) | 江雨綉 |
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| 研究生(英) | Chiang, Yu-Hsiu |
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| 論文名稱(中) | 盈餘管理與財務報表時效性 |
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| 論文名稱(英) | Earnings Quality and Timeliness of financial statements |
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| 其他題名 | |
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| 指導教授(中) | 范宏書 博士 |
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| 指導教授(英) | Dr. Fan, Hung-Shu |
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| 全文不開放理由 | |
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| 檔案說明 | |
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| 學位類別 | 碩士 |
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| 畢業學年度 | 94 |
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| 出版年 | |
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| 語文別 | 中文 |
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| 關鍵字(中) | 財務報表時效性
盈餘品質
董事會財務報表通過日
裁決性應計數 |
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| 關鍵字(英) | Timeliness of financial statements
Earnings Quality
Annual report approval day
Discretionary accrual |
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| 摘要(中) | 美國財務會計準則委員會發布之財務會計觀念公報第二號：「會計資訊之品質特性」（SFAC No.2）中指出，攸關性(Relevance)與可靠性(Reliability)乃是使會計資訊品質具備最高品質決策有用性之兩頂主要品質。攸關性之組成要素可分為預測價值、回饋價值及時效性，其中時效性係指財務資訊必須在喪失影響決策能力之前提供給使用者，表示財務報導必須適時提供財務資訊來滿足攸關性。可靠性之意義為確保資訊能免於錯誤及偏差，並能忠實表達其所要表達之現象或狀況。而盈餘品質乃是可靠性中一種非常重要的特質。
投資人的決策，端賴企業定期編製、及時公告具備攸關性與可靠性之財務報表，藉以明瞭企業在經營存續過程中經營活動之資訊。本研究目的為嘗試以董事會通過財務報表日作為財務報表時效性衡量指標，藉以研究財務報表時效性是否影響企業之盈餘管理行為與研究企業之盈餘管理行為是否會延緩財務報表之公告。
本研究以董事會通過財務報表日作為財務報表時效性衡量指標，並以今年董事會通過財務報表日與去年董事會通過財務報表日之差易來衡量財務報導時效性落差。再以橫斷面Jones model、橫斷面Modified Jones model之裁決性應計數絕對值作為盈餘管理程度、盈餘品質之代理變數，來進行實證研究，實證結果結果彙整如下：
1.在財務報導時效性與盈餘管理之相互關係關性方面，本研究發現財務報導時效性越差，盈餘管理程度越大，亦即財報之公告時機愈不具時效性時，盈餘品質愈差。
2.在財務報導時效性落差與盈餘管理之相互關係關性方面，本研究發現財務報導時效性時效性落差越差，盈餘管理程度越大，而且盈餘品質越差，財務報導時效性時效性落差越差。亦即表示經理人將報導時效性落差與盈餘管理視為是一種聯合的策略，經理人能夠同時利用此兩者以影響利害關係人之觀感，並非只單純地利用報導時效性落差或盈餘管理來影響利害關係人之觀感。
3.本研究進一步將公布時間分成比去年早與比去年晚來進行實證而發現財務報表越晚公布，其盈餘管理程度越高，盈餘品質越差。
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| 摘要(英) | Relevance and reliability are the two primary accounting information qualities that make accounting information useful for decision making (SFAC No.2). To be relevant, accounting information shall have predictive value, feedback value as well as timeliness. For information to be with timeliness, it must be available to decision makers before it loses its capacity to influence their decisions. Accounting information is reliable to the extent that it is verifiable, is a faithful representation, and is reasonably free of error and bias. The quality of earnings is the most important characteristic of reliability.
Investors depend largely on the financial statements, which are compiled and released regularly with two vital characteristics of relevance and reliability by a listed company, to evaluate the operating performance of the company. This study intends to examine the reciprocal relationship between these vital characteristics of accounting information, i.e. the timeliness of financial statements and the quality of earnings of a company.
This study adopts the annual report approval day, which is the date that the board of directors approves annual report, and timeliness gap, defined as the difference between consecutive two annual report approval days, to measure the timeliness of financial statements. And, this study uses discretionary accruals, estimated by the crosssectional Jones model and modified Jones model, to proxy earnings quality. The emrical results are summaried as follows:
1. The length of period from balance sheet day to the annual report approval day is significantly positive-associated with the absolute discretionary accruals. That is, more lackness of timeliness of financial statements, more earnings management.
2. Regarding the reciprocal relationship between the timeliness gap of annual reports and earnings management, this study finds that the timeliness gap and the absolute discretionary accruals are mutual dependendant. That evidences that listed firms use the timeliness of reports and earnings management in the same time to achieve their predetermined goals.
3. Comparing to the last year annual report approval day, this study use two dummy variables: Early (earlier than last year annual report approval day) and Late (late than last year annual report approval day) to mark the whole sample and finds that the Late variable is significantly positive-associated with the absolute discretionary accruals. This means that more earnings management behaviors are engaged in the annual report that is approved late by firm’s board of directors.
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| 論文目次 | 第一章 緒論
第一節 研究動機 …………………………………………….….…1
第二節 研究目的 ..............................................................................5
第三節 研究架構 ………………………………...………………...6
第二章 文獻探討
第一節 時效性 ………………………………………………….….7
第二節 盈餘管理……………………………………………….….14
第三節 裁決性應計數之衡量………………………..…..….…… 24
第三章 研究方法
第一節 研究假說建立 ……………………………..……………..30
第二節設計模型並定義相關變數..…….………………….....……33
第三節研究期間、資料來源與本選取…………………..…….….43
第四章 實證結果與分析
第一節 ?述統計相關變數 …………...…………………….……45
第二節 相關矩陣 …………………………………………………46
第三節 內生性測試及多元迴歸結果分析 ………………………51
第四節 敏感性及額外測試 ……………….…………………...…64
第五章 結論與建議
第一節 研究結論 ………………………………………..…….87
第二節 研究限制 …………………………………………..…….89
第三節 建議及未來研究方向 ……………………………..…….90
參考文獻 ………………………………………………………..……91
圖表目錄
圖1-1研究架構圖…………………………………………………….,.6
表4- 1敘述統計量…………………………………………………….46
表4- 2 財務報導時效性與盈餘管理（Modified Jones DA）間
之Pearson 相關係數…………………………………………49
表4- 3 盈餘管理（Modified Jones DA）與財務報導時效性間
之Pearson 相關係數…………………………………………50
表4- 4 財務報導時效性與盈餘管理（Modified Jones DA）間
之內生性測試………………………………………………..…52
表4- 5盈餘管理（Modified Jones DA）與財務報導時效性間
之內生性測試……………………………………………..……53
表4- 6 內生性測試後之多元迴歸分析結果
（Modified Jones DA）………..………………………………..54
表4- 7 財務報導時效性與盈餘管理（Modified Jones DA）間
之Pearson 相關係數……………………………………..…..57
表4- 8 盈餘管理（Modified Jones DA）與財務報導時效性間
之Pearson 相關係數…………………………………..……..58
表4- 9財務報導時效性與盈餘管理(Modified Jones DA) 間
之內生性測試……………………………………………..…..60
表4- 10盈餘管理(Modified Jones DA)與財務報導時效性間
之內生性測試…………………………………….…………...61
表4- 11 內生性測試後之多元迴歸分析結果
(Modified Jones DA)……………………………………..…..62
表4- 12 財務報導時效性落差與盈餘管理（Jones DA）間
之Pearson相關係數………………………………….……….68
表4- 13 盈餘管理（Jones DA）與財務報導時效性落差間
之Pearson 相關係數………………………………………….69
表4- 14財務報導時效性落差與盈餘管理間之
內生性測試（Jones DA）…………………………..…..…….71
表4- 15盈餘管理與財務報導時效性落差間之
內生性測試（Jones DA）……………………………...……..72
表4- 16內生性測試後之多元迴歸分析結果（Jones DA）…………73
表4- 17 財務報導時效性落差與盈餘管理（Jones DA）
間之Pearson 相關係數……………………………………...76
表4- 18 盈餘管理（Jones DA）與財務報導時效性落差
間之Pearson 相關係數………………………………..…….77
表4- 19 盈餘管理與財務報導時效性落差間之內生性測試
（Jones DA）………………………………………………….79
表4- 20 盈餘管理與財務報導時效性落差間之內生性測試
（Modified Jones DA）………………………………….….….80
表4- 21內生性測試後之多元迴歸分析結果
（Jones DA）…………………...………………………………81
表4- 22 異常報導時效性與盈餘管理（Modified Jones DA）間
之Pearson 相關係數…………………………………..……….84
表4- 23 異常報導時效性與盈餘管理（Jones DA）間
之Pearson 相關係數…………………………………...….….85
表4- 24 異常報導時效性與盈餘管理間之多元迴歸分析結果……….86
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