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題名 | 臺灣上市電子公司經理人員預測盈餘與盈餘管理之研究=The Research of Managers' Earnings Forecasts and Earnings Management |
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作者 | 徐清俊; 陳宜鋒; Hsu, Ching-jun; Chen, Yi-feng; |
期刊 | 德明學報 |
出版日期 | 20031200 |
卷期 | 22 2003.12[民92.12] |
頁次 | 頁17-32 |
分類號 | 494.73 |
語文 | chi |
關鍵詞 | 盈餘管理; 應計項目; 經理人員盈餘預測; Earnings management; Accrual items; Management earnings forecasts; |
中文摘要 | 本研究以管理當局及分析師年度平均預測值來探討管理當局及分析師盈餘預測品質之差異,以及盈餘預測之發佈是否成為經理人員操縱盈餘的誘因之一。此外,我國上市電子公司研究發展支出比重較高,管理當局是否會利用研發支出來進行盈餘管理,亦為本研究探討重點之一。 本研究以民國88年至90年有發佈盈餘預測之上市電子公司為樣本,使用迴歸模式、簡單平均模式及隨機漫步模式來探討操縱組之公司相對於對照組公司而言,在裁決性應計項目、處分資產損益、處分投資損益、營業外損益以及研發費用等各種可能的操縱工具上,是否有顯著的不同。實證結果顯示:(1)外界分析師與管理當局盈餘預測資訊的資訊品質,並無顯著之差異。(2)公司經理人員會利用裁決性應計項目、營業外損益、處分資產、處分投資及研發費用來操縱盈餘使盈餘增加,以達到預測值。 |
英文摘要 | The purpose of this research is to investigate the difference between outer analysts earnings forecasts and inner management earnings forecasts; furthermore, to analyze whether announcing management earnings forecasts would be one of the motivations to earnings manipulation. The results of our analysis conclude that: First, there's no significant difference between inner management earnings forecasts and outer analysts earnings forecasts. Second, the management authorities may up manipulate discretional accrual accounts in order to accomplish their prior earnings forecasts; the results of this study failed to reject the hypothesis that management authorities may possibly up manipulate earnings to accomplish their prior earnings forecasts. |
本系統之摘要資訊系依該期刊論文摘要之資訊為主。