查詢結果分析
來源資料
頁籤選單縮合
題名 | 員工分紅配股會計之權益評價效果=The Equity Valuation Effects of Employee Stock Bonus Accounting |
---|---|
作者 | 陳妙玲; 郭子慧; | 書刊名 | 商管科技季刊 |
卷期 | 7:1 民95.03 |
頁次 | 頁85-102 |
分類號 | 495.78 |
關鍵詞 | 員工分紅配股; Ohlson模式; 權益評價; 超額盈餘; Employee stock bonuses; Ohlson model; Equity valuation; Abnormal earning; |
語文 | 中文(Chinese) |
中文摘要 | 在高科技產業中,員工分紅配股在高階主管之酬勞費用中佔極高之比例;但是財務報表編製者、財務報表使用者、政府部門與會計準則制定者,對於員工分紅配股在財務報表中應該如何表達相關議題上,並未獲得一致之意見。 本研究運用Ohlson(1995)模式,比較採用盈餘分配法、面額法與市價法的員工分紅配股會計方法,探討員工分紅配股對權益價值所造成之市場評價效果。本研究結果顯示,員工分紅配股應屬損益減項之酬勞費用;在員工分紅配股會計方法之中,市價法模型之解釋力高於面額法與盈餘分配法模型之解釋力。總之,本研究結果顯示,以市價法認列員工分紅配股費用較能反映員工分紅配股對權益評價之經濟效果。 |
英文摘要 | Although employee stock bonuses comprise a sizable portion of executive compensation in high technology industries, financial statement preparers, financial statement users, regulators, and standards setters disagree on how employee stock bonuses should be reflected in the financial statement. In this study, we use the Ohlson (1995) valuation models to compare the extent to which the earnings distribution, par value, and market value approaches to accounting for employee stock bonuses can reflect the market's assessment of the effects of employee stock bonuses on equity value. Our results suggest that employee stock bonuses expense should be charged against income as compensation expense. The explanatory power of market value approach is shown to higher than that of par value and earning distribution approaches to accounting for employee stock bonuses. Taken together, the findings of this study suggest that the market value approach to accounting for employee stock bonuses best captures the market's perception of the economic effect of employee stock bonuses on equity value. |
本系統之摘要資訊系依該期刊論文摘要之資訊為主。