頁籤選單縮合
題名 | 強制性揭露盈餘資訊準確性之探討=The Determinants of the Accuracy of Earnings Information |
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作者姓名(中文) | 馮軒綾; | 書刊名 | 慈濟技術學院學報 |
卷期 | 13 2009.04[民98.04] |
頁次 | 頁35-60 |
分類號 | 494.7 |
關鍵詞 | 預測準確性; 財務預測; 自結盈餘; Accuracy of forecast; Earnings forecast; Un-audited earnings; |
語文 | 中文(Chinese) |
中文摘要 | 本研究旨在探討影響盈餘預測之因素,台灣在2004年以前(含),財務預測在某些特定情況下屬於強制揭露的資訊,但自2005年起已改為自願性公開,故本研究選取1994-2004年之上市櫃公司為樣本。此外,自2002年初實施的自結盈餘制度,規範已公開財務預測之上市櫃公司,應於年度終了後一個月內,公告申報預計損益表之達成情形及差異原因,故選取2001-2004年強制性揭露自結盈餘之上市櫃公司為樣本,一併探討影響其準確性之因素。 實證結果發現,財務預測準確性顯著受到下列因素影響:預測期間、過去盈餘變異性、經濟成長率之變動、公司規模、負債比率、發佈目的為首次公開發行或現金增資、董監持股比率、稅前淨利率;自結盈餘準確性顯著受到下列因素影響:預測期間、過去盈餘變異性、公司規模、負債比例、董監持股比率、稅前淨利率、年底應收帳款佔總資產比率、年底存貨佔總資產比率。 |
英文摘要 | The main purpose of this study is to investigate the determinants of the accuracy of earnings forecast in . Before 2005, the disclosure of earnings forecast is mandatory under some specific situations in . This study sample contains the companies of Taiwan required to disclosure the earnings forecast from 1994 to 2004. Otherwise, companies which issued earnings forecast are required to announce preliminary(un-audited)earnings in Taiwan since 2002, so our research sample also contains these companies from 2001 to 2004 in order to examine the relationship between accuracy of preliminary earnings and its determinants. Our empirical results show that in terms of the accuracy of earnings forecast in , the significant discriminative factors are interval of forecast, variation of past earnings, change of economic condition, firm size, leverage, purpose of announcement, insider shareholdings and earning ratio(pretax). Besides, the factors that affect the accuracy of preliminary earnings significantly in are interval of forecast, variation of past earnings, firm size, leverage, insider shareholdings, earning ratio(pretax), account receivables to total assets ratio and inventories to total assets ratio. |
本系統之摘要資訊系依該期刊論文摘要之資訊為主。