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系統識別號 U0026-0107201916175100
論文名稱(中文) 商業策略透過薪資索回條款對內控缺失之影響─中介效果
論文名稱(英文) The Effects of Business Strategy with Clawback Provisions on Internal Control Weaknesses─Mediation Effect
校院名稱 成功大學
系所名稱(中) 會計學系
系所名稱(英) Department of Accountancy
學年度 107
學期 2
出版年 108
研究生(中文) 陳潔澐
研究生(英文) Jie-Yun Chen
學號 R16064164
學位類別 碩士
語文別 英文
論文頁數 54頁
口試委員 指導教授-楊朝旭
口試委員-黃炳勳
口試委員-周庭楷
口試委員-蔡柳卿
中文關鍵字 商業策略  內部控制之重大缺失  薪資索回條款  中介效果 
英文關鍵字 business strategy  material weaknesses  clawback provisions  mediation effect 
學科別分類
中文摘要 本篇論文測試企業採用薪資索回條款在商業策略與內部控制重大缺失之間是否存在中介效果,並使用2007年至2016年非金融與非受管制之產業中已上市之美國公司作為研究樣本。本研究發現:(一)前瞻型企業之內部控制較容易存有重大缺失,且缺失數量亦高於防禦型企業;(二)相較於防禦型企業,著重企業成長與市場擴展的前瞻型企業較不願意採用薪資索回條款避免限制高階管理階層;(三)採用薪資索回條款可顯著降低企業內部控制中存有重大缺失之機會及數量。然而,薪資索回條款之中介效果對商業策略與內控缺失之關係並不顯著。綜上所述,本研究發現商業策略可作為評估企業內部控制之指標,且採用薪資索回條款可降低重大缺失發生之機會與次數。然而,實證結果顯示,採用薪資索回條款之中介效果在本篇研究中並不顯著。
英文摘要 This study examines the mediation effect of clawback provisions on the association between business strategy and internal control weaknesses (MWs). Using U.S. listed firms in nonfinancial and unregulated industries during 2007-2016 as the sample, I find that prospector strategy is more likely to report material weaknesses. This study also finds that compared with defenders, prospectors are unwilling to adopt clawbacks as a limitation to their top management due to their emphasis on firm growth and expansion. Besides, the results further show that adopting clawbacks can significantly decrease the likelihood and number of MWs reported. However, the mediation effect of clawbacks is insignificant in this study. My findings indicate that business strategy is a useful indicator for evaluating companies’ internal control systems and adopting clawbacks is a measure to decrease MWs, but the mediation effect of clawbacks on the association between business strategy and MW cannot be observed.
論文目次 摘要............ I
Abstract........... II
誌謝............ III
Content.......... IV
List of Tables.......... VI
1. Introduction.......... 1
2. Literature Review......... 4
2.1 Business Strategy........ 4
2.2 Material Weaknesses in ICFR...... 5
2.3 Clawback Provisions....... 6
3. Hypothesis Development....... 9
3.1 Business Strategy and Material Weaknesses.... 9
3.2 Business Strategy and Clawback Provisions.... 9
3.3 Clawback Provisions and Material Weaknesses... 10
3.4 Impact of Clawback Provisions on MWs:
A Mediation Mechanism........ 10
4. Research Design........ 12
4.1 Sample Selection......... 12
4.2 Multivariate Model......... 13
4.2.1 Strategy Measure......... 13
4.2.2 Regression Model......... 16
5. Descriptive Statistics and Empirical Results..... 23
5.1 H1: Business Strategy and Material Weaknesses... 23
5.2 H2: Business Strategy and Clawback Provisions.... 27
5.3 H3: Clawback Provisions and Material Weaknesses... 31
5.4 H4: The Mediating Role of Clawbacks.... 36
6. Robustness Analysis........ 44
6.1 Strategy Score as Independent Variable..... 44
6.2 Financial Crisis......... 45
7. Conclusions......... 47
References........... 49
Appendix.......... 53
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