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系統識別號 U0026-0507201513313400
論文名稱(中文) 經濟、法律環境與盈餘管理:中國證據
論文名稱(英文) Economic Conditions, Legal Environment, and Earnings Management Tactics: Evidence from China
校院名稱 成功大學
系所名稱(中) 財務金融研究所
系所名稱(英) Graduate Institute of Finance
學年度 103
學期 2
出版年 104
研究生(中文) 涂利招
研究生(英文) Li-Zhao Tu
學號 R86023015
學位類別 碩士
語文別 英文
論文頁數 48頁
口試委員 指導教授-邱正仁
口試委員-黃華瑋
口試委員-周庭楷
中文關鍵字 公司治理  制度環境  應計項目盈餘管理  實質盈餘管理 
英文關鍵字 Corporate governance  institutional environment  accrual-based earnings management  real activities manipulation 
學科別分類
中文摘要 本研究的目的是探討在中國大陸經濟、法律環境如何影響企業的盈餘管理。通過研究從2004年至2013年中國大陸上市企業的13,117個觀察值發現,經濟法律環境對應計項目盈餘管理和實質盈餘管理的選擇有重要影響,在更完善的經濟法律環境下,管理層傾向於使用實質盈餘管理來代替應計項目盈餘管理,但由於實質盈餘管理也要負擔成本且無法完全代替應計項目盈餘管理,所以經濟法律環境增強會使總體盈餘管理水準下降。
英文摘要 This study examines how institutional environment affects a firm’s earnings management tactics in China. Using 13,117 firm-year observations from China during 2004 to 2013, we find that institutional environment plays an important role in the choice between accruals management and real activity manipulation. Specifically, managers are more likely to manipulate earnings through real operations instead of accounting methods under stronger institutional environment. Since real activity manipulation is costly and cannot fully substitute accruals management, the overall likelihood of meeting earnings targets decreases.
論文目次 1. INTRODUCTION 1
2. HYPOTHESE DEVELOPMENT 5
3. RESESARCH DESIGN AND SAMPLE 9
3.1 Research Design 9
3.2 Sample Selection 15
4. EMPIRICAL RESULTS AND ANALYSES 17
4.1 Descriptive Statistic 17
4.2 Regression Results 18
5. CONCLUSIONS 21
REFERENCE 23
APPENDIX 26
Variable Definition 26
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