頁籤選單縮合
題名 | 資訊透明度的更動與盈餘管理間之關聯=The Relation between the Changes of Information Transparency Ranking and Earnings Management |
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作者 | 王蘭芬; 薛敏正; 曾乾豪; | 書刊名 | 會計審計論叢 |
卷期 | 1:1 2011.06[民100.06] |
頁次 | 頁101-131 |
分類號 | 495.44 |
關鍵詞 | 盈餘管理; 資訊透明度; 資訊揭露評鑑系統; Earnings management; Information transparency; Information disclosure and transparence ranking system; |
語文 | 中文(Chinese) |
中文摘要 | 自2002年安隆(Enron)案爆發後,與公司治理或資訊揭露有關的議題備受重視。2003年證券交易所及證券櫃檯買賣中心委託財團法人證券暨期貨市場發展基金會建置「資訊揭露評鑑系統」,此評鑑系統建立的目的即在提升公司資訊揭露的透明度,以促進資本市場的健全發展。過去研究發現資訊揭露評鑑系統實施後,管理當局的盈餘管理行為明顯降低,但卻無法辨識出評鑑結果「較透明」與「較不透明」公司在盈餘管理程度上的差異。本研究嘗試自資訊揭露評鑑結果的更動切入,來探討其與公司盈餘管理間之關聯,並以2005年至2009年為研究期間,排除前兩屆僅分類為透明公司或不透明公司所可能產生之衡量誤差。實證結果顯示公司評鑑結果更動與裁決性應計數變動呈現負相關,特別是公司資訊揭露結果調升時,經理人盈餘管理的程度會較低。 |
英文摘要 | Since the Enron Scandal of 2002, issues surrounding corporate governance and information disclosure have been widely discussed. In order to improve the level of corporate transparency and encourage companies to disclose more information, the Securities and Futures Institute (SFI), entrusted by the Taiwan Stock Exchange Corporation (TSEC) and the Gre Tai Securities Market (GTSM), recently launched the Information Disclosure and Transparence Ranking System (IDTRS) to evaluate the level of transparency for all publicly traded companies in Taiwan. Prior studies suggest that the level of transparency from IDTRS is unable to differentiate earnings management between ”more transparent” and ”less transparent” companies. The purpose of this study is to examine whether the changes of rankings from IDTRS are related to earnings management. As expected, we find that the changes of disclosure rankings are negatively correlative with the proxy of earnings management - the changes in discretionary accruals, especially for those ranking upgrading firms that tend to engage less in earnings management. |
本系統之摘要資訊系依該期刊論文摘要之資訊為主。