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系統識別號 U0002-0608201211575000
中文論文名稱 衍生性商品操作是否影響銀行業之盈餘管理決策
英文論文名稱 The relation between derivatives financial instrument and earnings management in the banking industry
校院名稱 淡江大學
系所名稱(中) 會計學系碩士班
系所名稱(英) Department of Accounting
學年度 100
學期 2
出版年 101
研究生中文姓名 鍾興儒
研究生英文姓名 Hsing-Ju Chung
學號 699600366
學位類別 碩士
語文別 中文
口試日期 2012-06-15
論文頁數 68頁
口試委員 指導教授-王貞靜
委員-曹美娟
委員-陳薇如
中文關鍵字 衍生性金融商品  盈餘管理 
英文關鍵字 Derivatives  Earnings management 
學科別分類 學科別社會科學商學
中文摘要 本研究係探討衍生性金融商品(Derivatives Financial Instrument)操作對銀行產業盈餘管理(Earnings Management)決策之影響。以國內上市上櫃銀行作為研究對象,採用2000年第2季至2010年第4季間季資料,本文實證結果發現,衍生性金融商品與銀行業盈餘有正向影響,顯示衍生性金融商品可作為盈餘管理工具,而盈餘管理工具間衍生性金融商品與裁決性壞帳費用之關係,交易目的與非交易目會有不同的影響,具體而言,基於交易目的操作衍生性金融商品整體上與裁決性壞帳呈現顯著負向(替代)關係,而非交易目的操作則與裁決性壞帳並未有顯著負向關係,顯示出銀行業操作衍生性金融商品的程度會影響盈餘管理決策。
英文摘要 This study investigates whether derivatives financial instrument influences earnings management in the banking industry. Using data collected from Taiwan listed banks spanning the second quarter in 2000 to the fourth quarter in 2010, we thus test the influence implementing derivatives has on earnings management. Empirical results show that trading derivatives positively influence earning. we also find that significant negatively correlation between trading derivatives and discretionary bad debt. Also , insignificant correlation influence between non-trading derivatives and discretionary bad debt. As a whole, varying derivative implementation in the banking industry yields equally different results.
論文目次 第壹章 緒論 1
第一節 研究動機 1
第二節 研究目的 3
第三節 研究架構圖 4
第貳章 文獻探討 5
第一節 銀行產業特性 5
第二節 銀行業盈餘管理 6
第三節 衍生性金融商品 13
第四節 盈餘管理工具間關係 24
第參章 研究方法 28
第一節 衍生性金融商品對於盈餘之影響 28
第二節 盈餘管理工具間關係 34
第三節 樣本選取 39
第肆章 實證結果 42
第伍章 結論與建議 56
第一節 結論 57
第二節 研究貢獻 58
第三節 研究建議 58
第四節 研究限制 59
參考文獻 60
附錄 66

表目錄
表3-1 模型符號說明表 33
表3-2 變數模型說明 38
表3-3 本國銀行選取表 40
表3-4 本國銀行選取表(2) 41
表4-1 敘述性統計表 43
表4-2 衍生性金融商品對於盈餘影響相關係數表 44
表4-3 相關係數表 45
表4-4 衍生性金融商品對於盈餘迴歸結果 47
表4-5 聯立方程式敘述性統計表
表4-6 交易目的及非交易目的的總額聯立方程式迴歸結果 52
表4-7 利率型交易目的及非交易目的的總額聯立方程式迴歸結果 53
表4-8 匯率型交易目的及非交易目的的總額聯立方程式迴歸結果 54

圖目錄
圖1-1 研究架構圖 4
圖2-1 IBM與世界銀行進行的換匯換利 15
圖2-2 德國銀行進行利率交換 16
圖2-3 衍生性金融商品名目本金交易量 27
圖3-1 2011年9月底衍生性金融商品各類型使用比例 30
參考文獻 參考文獻
一、中文文獻(依筆劃排序)
王萬成、高祥恒,2005,裁決性應計項目、衍生性金融商品與盈餘平穩化,中華會計學刊,第5卷第2期:143-168。
王蘭芬、薛敏正、顏莉萍,2009,銀行業衍生性金融商品交易與裁決性壞帳關聯性研究,當代會計,第10卷第1期:1-28。
林修葳、陳育成,1997,國內商業銀行壞帳及票券買賣損益策略性調控問題之實證研究,臺大管理論叢,第8卷第2期:33-66。
林鳳麗,2003,銀行業裁決性項目之盈餘管理,台北科技大學學報, 第36-2期:203-220。
吳清在、謝宛庭,2010,企業以首次適用第34 號金融商品公報之會計變動影響數進行盈餘管理之決定因素與資訊內涵,台大管理論叢,第21卷第1期,205-238
張紹基、黃蕙萍,2001,衍生性金融商品在公司風險管理上的使用情形-臺灣與其它國家之比較,中山管理評論,第9卷第3期:471-496。
陳育成,2002,台灣金融業的壞帳管理及相關研究,管理評論,第21卷第4期:1-17。
陳俊合、胥愛琦及楊禮全,2011,衍生性商品交易是否影響盈餘管理決策:以交易目的動機探討,會計學報,第3卷第2期:49-68。
黃德芬,2005,資本適足性管制變革對銀行壞帳提列暨沖銷決策之影響,管理學報,第22卷第1期:29-43。
黃志仁、廖彩伶及陳于格,2009,現金增資之盈餘管理行為:裁決性應計項目與業外損益之整合性決策,當代會計,第10卷第1期:63-98。
蕭淑貞,2005,公司治理內外部機制對裁決性支出水準之影響,淡江大學會計研究所碩士論文。
劉啟群,1999,我國金融業會計損益項目季別分析:盈餘管理間接測試法,會計評論,第31 期:63-80。


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