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系統識別號 U0026-1406202014365100
論文名稱(中文) 投資性不動產後續評價模式與債務資金成本之關聯
論文名稱(英文) The Relation between The Cost of Debt and the Subsequent Measurement of Investment Property
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 108
學期 2
出版年 109
研究生(中文) 方紹宇
研究生(英文) Shao-Yu Fang
電子信箱 a5935721@gmail.com
學號 R16071129
學位類別 碩士
語文別 中文
論文頁數 29頁
口試委員 指導教授-吳思蓉
口試委員-周庭楷
口試委員-謝喻婷
中文關鍵字 投資性不動產  債務資金成本  外部鑑價  公允價值模式  IAS 40 
英文關鍵字 Investment Property  Cost of Debt  External Appraisal  Fair Value Model  IAS 40 
學科別分類
中文摘要 本研究主要目的為探討我國導入國際會計準則公報第四十號「投資性不動產」(IAS 40)後,投資性不動產後續評價採成本模式或是公允價值模式,以及投資性不動產公允價值鑑價資訊來源是內部管理階層自行評估或是採行外部鑑價,與企業債務資金成本之關聯。實證結果發現,後續衡量基礎採用成本模式時,所揭露之公允價值若由外部鑑價取得,能使債務資金成本顯著降低;而若公允價值資訊來源皆為外部鑑價時,相較於採成本模式並揭露公允價值資訊者,直接採用公允價值模式者債務資金成本明顯增加。
英文摘要 International Accounting Standard No. 40 (IAS 40) was adopted in Taiwan since 2013 and this study is aimed to investigate the relationship between IAS 40 and firms’ cost of debt. IAS 40 permits firms to choose between a fair value model and a cost model for measuring investment property subsequent to the initial recognition. If the firm uses cost model to measure investment property, it is also required to disclose fair value of its investment property. Additionally, firms can determine the fair value of investment properties based on external or internal valuation. Therefore, this study would like to investigate whether the choices of fair value model and cost model for the subsequent measurement and the choices of fair value information sources will influence firms’ cost of debt. The empirical results indicate that if firms choose cost model for subsequent measurement of investment property and disclose fair value measurement based on external appraisers, their cost of debt will be relatively lower. In addition, the results also find that if the fair value is evaluated by external appraisers, using fair value model will lead to a higher cost of debt compared to using cost model.
論文目次 摘要 I
目錄 V
表目錄 VI
第一章 緒論 1
第二章 文獻探討與假說建立 4
第一節 投資性不動產衡量模式與債務資金成本之關聯 4
第二節 外部鑑價與債務資金成本之關聯 7
第三章 研究方法與設計 8
第一節 研究期間及樣本 8
第二節 實證模型設計 10
第四章 實證結果與分析 13
第一節 敘述性統計分析 13
第二節 相關係數分析 16
第三節 迴歸分析 18
第四節 穩健性測試 20
第五章 研究結論 22
參考文獻 23
附錄一 揭露類型範例 25
附錄二 相關法規 28
參考文獻 王炫斌與林嬋娟 (2018),IAS 40 雙重可選擇性之決定因素與經濟後果,中華會計學刊,14 (2):129-180。
王炫斌與林嬋娟 (2019),IAS 40 導入IAS 40 對審計公費之影響,會計評論(69):43-82。
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