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系統識別號 U0002-1607201019540200
中文論文名稱 導入國際財務報導準則對財報價值攸關性、現金流量預測能力與盈餘管理程度之影響
英文論文名稱 The Effect of Convergence to IFRSs on Value-Relevance, Predictive Ability of Cash Flows, and Earnings Management
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 98
學期 2
出版年 99
研究生中文姓名 王炫斌
研究生英文姓名 Hsuan-Pin Wang
學號 697600012
學位類別 碩士
語文別 中文
口試日期 2010-06-18
論文頁數 80頁
口試委員 指導教授-顏信輝
委員-洪玉舜
委員-丁緯
中文關鍵字 國際財務報導準則  價值攸關性  現金流量預測能力  盈餘管理 
英文關鍵字 IFRS  Value-Relevance  Predictive Ability of Cash Flow  Earnings Management 
學科別分類 學科別社會科學商學
中文摘要 採用國際財務報導準則(IFRSs)已經成為全球會計規範之重要趨勢,本研究利用1999年我國開始聚合國際財務報導準則前後進行分組,意圖在我國直接採用國際財務報導準則前,探討這項政策可能帶來之影響。第一部份,我們根據Collins, Maydew and Weiss (1997) 等研究,利用財務報導之價值攸關性來分析投資人利用會計資訊進行決策之情況是否變動;同時參考Kim and Kross (2005) 的研究,利用會計資訊預測未來現金流量能力來分析會計資訊用以預測企業績效之能力上是否變動;最後,分析前後兩期盈餘管理程度之變化。實證結果大致支持無論是價值攸關性或是現金流量預測能力上,我國開始聚合國際會計準則後呈現顯著提昇之影響,支持我國在逐步聚合國際會計準則後,投資人利用財務報導進行投資決策及會計資訊預測企業未來績效上皆有提昇之效益。本研究實證結果也發現,當企業盈餘目標為避免發生淨損時,企業在適用後進行盈餘管理的程度有顯著地增加;然而,研究也發現企業在適用後有利用裁決性應計項目壓低報導盈餘之情況,且針對部分高盈餘管理動機的事件,也發現企業在我國適用IFRSs後較不會利用裁決性應計項目去影響企業的盈餘表現。
英文摘要 Adoption of IFRSs has become an essential trend of global accounting norm. This study uses data before during and after year 1999, which accounting standard in Taiwan started to converge with IFRS, then divides data into groups in order to examine possible affect resulted from this policy before Taiwan fully adopts IFRSs. First part, we bases our study on analysis of Collins, Maydew and Weiss (1997) , and uses value relevance of financial statement to analyze whether any alteration exists in investors drawing decision based on financial statement information; At the mean time we reference study of Kim and Kross (2005) and use financial statement information’s predictability on expected future cash flows to analyze predictability of financial statement information on firm performance. Our result shows that both value relevance and predictability on future cash flows has increased in statistical significance after Taiwan started convergence with IFRSs. This empirical study also finds that when firm’s goal is to avoid net loss, earnings management has increased significantly after convergence. Nevertheless, this study also finds that firm employs discretionary accruals to lower net profit subsequent to convergence. As to firms with high earnings management motivation, they are unlikely to employ discretionary accruals to affect earnings performance subsequent to convergence.
論文目次 目錄
目錄 I
圖目錄 II
表目錄 III
第壹章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 6
第三節 研究流程 7
第四節 論文結構 8
第貳章 文獻回顧與假說建立 9
第一節 國際會計準則理事會與國際財務報導準則 9
第二節 適用國際財務報導準則之預期利益 15
第三節 財務報表之價值攸關性 19
第四節 盈餘管理與價值攸關性 24
第參章 研究方法 30
第一節 實證模型 30
第二節 變數定義與衡量 36
第三節 樣本來源與樣本選取 38
第肆章 實證結果與分析 39
第一節 敘述性統計 39
第二節 價值攸關性(股價模型)之實證結果與分析 40
第三節 價值攸關性(報酬模型)之實證結果與分析 43
第四節 現金流量預測能力之實證結果與分析 47
第五節 盈餘管理程度之實證結果與分析 51
第六節 盈餘管理程度對會計資訊品資之影響分析 58
第七節 敏感性分析 61
第伍章 研究結論與限制 70
第一節 研究結論 70
第二節 研究貢獻與限制 73
參考文獻 74

圖目錄
圖 1-1 研究流程圖 7
圖 2-1 國際會計準則理事會 9
圖 2-2 我國各號公報公布(修訂)時點 12
圖 2-3 我國各年度趨同率之趨勢變化 13
圖 2-4 我國各年度接軌率之趨勢變化 13
圖 4-1 價值攸關性(股價模型)之Adj-R2趨勢圖 41
圖 4-2 價值攸關性(股價模型)之增額盈餘與增額淨值Adj-R2趨勢圖 41
圖 4-3 價值攸關性(報酬模型)之Adj-R2趨勢圖 45
圖 4-4 價值攸關性(報酬模型)之增額盈餘與增額淨值Adj-R2趨勢圖 45
圖 4-5 現金流量預測能力之Adj-R2趨勢圖 47
圖 4-6 現金流量預測能力之增額現金流量與增額盈餘Adj-R2趨勢圖 47
表目錄
表 2-1 我國財務會計準則公報與國際財務報導準則之對照表 14
表 4-1 敘述性統計表(一) 39
表 4-2 敘述性統計表(二) 40
表 4-3 價值攸關性-股價模型之迴歸結果 42
表 4-4 價值攸關性-股價模型之時間趨勢分析 43
表 4-5 價值攸關性-報酬模型之迴歸結果 44
表 4-6 價值攸關性-報酬模型之時間趨勢分析 46
表 4-7 現金流量預測能力之迴歸結果 48
表 4-8 現金流量預測能力之時間趨勢分析 49
表 4-9 股價模式價值攸關性之時間趨勢分析(係數差異分析) 50
表 4-10報酬模式價值攸關性之時間趨勢分析(係數差異分析) 50
表 4-11現金流量預測能力之時間趨勢分析(係數差異分析) 51
表 4-12盈餘管理分析-小額損益家數 52
表 4-13盈餘管理分析-小額損益家數比之趨勢分析 53
表 4-14盈餘管理分析-總體樣本裁決性應計項目分析 54
表 4-15盈餘管理分析-有無盈餘管理動機之裁決性應計項目分析(一) 56
表 4-16盈餘管理分析-有無盈餘管理動機之裁決性應計項目分析(二) 57
表 4-17盈餘管理程度對會計資訊品質之影響分析(一) 59
表 4-18盈餘管理程度對會計資訊品質之影響分析(二) 60
表 4-19敏感性測試(2000年)-價值攸關性分析 62
表 4-20敏感性測試(2000年)-現金流量預測模型 63
表 4-21敏感性測試(2000年)-盈餘管理分析(小額損益家數比) 64
表 4-22敏感性測試(2000年)-盈餘管理分析(裁決性應計項目分析) 64
表 4-23敏感性測試-盈餘管理程度對會計資訊品質之影響分析(一) 65
表 4-24敏感性測試-盈餘管理程度對會計資訊品質之影響分析(二) 66
表 4-25敏感性測試-適用35號公報影響分析 68
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