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系統識別號 U0026-1806202017185400
論文名稱(中文) IFRS 17之宣告對台灣金控業盈餘管理之影響
論文名稱(英文) The Impacts of Financial Holding Company on Earning Management in the Pre- and Post- IFRS 17 Period
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 108
學期 2
出版年 109
研究生(中文) 葉昶辰
研究生(英文) Chang-Chen Yeh
學號 R86071123
學位類別 碩士
語文別 中文
論文頁數 31頁
口試委員 指導教授-王澤世
口試委員-劉裕宏
口試委員-林囿成
中文關鍵字 IFRS 17  盈餘管理  裁決性應計項目 
英文關鍵字 IFRS 17  Earnings management  discretionary accruals 
學科別分類
中文摘要 國際會計準則理事會於2017年5月時,正式發布了國際財務報導準則的17號「保險合約」(IFRS 17)。作為國際上第一個具強制性與統一性的保險合約,正式實施後勢必對各國的金融保險產業帶來巨大的影響。而監管機構為了讓業者對IFRS 17進行適應,在正式實施前,有一段寬限期,目前台灣的主管機關則預計2026年IFRS 17才正式實施。而IFRS 17的推行改變了保險費的認列方式,在IFRS 17上路後,將會把過去保險業潛藏沒有估計出來的利差損益全部反映出來,又由於現今利率水準相較以往明顯走低,故IFRS 17的實施對於賣很多高利率保單的保險公司,將可能面臨龐大的利差損失。因此,本文認為為了令投資人與外界無須擔心公司之未來價值降低,金控業會在此寬限期間提升盈餘管理的程度,使企業的盈餘維持平穩並符合投資人與外界之預期,以強化投資人與外界對公司之信心。
本文以2012年至2019年作為研究期間,全部共16家台灣金控業為研究樣本。實證結果發現,旗下擁有保險子公司之金控業,不論於IFRS 17宣告前後,其盈餘管理程度皆較高。推測因為保險事業同樣為高度監管事業,需滿足監管機構之規定,且擁有保險子公司之金控業投資部位較龐大,故必須增加盈餘管理的程度以維持盈餘平穩。而假說二之研究結果顯示,主要變數IFRS與盈餘管理程度呈顯著正相關,推測在IFRS 17宣告後,因為金控業為了讓投資人與外界對企業維持信心,進而增加盈餘管理的程度以維持盈餘平穩。然而,交乘項並不顯著,說明旗下擁有保險業並非金控業於IFRS 17宣告後影響其盈餘管理程度之主要因素。故推論影響IFRS 17宣告後,令金控業進行盈餘管理之因素尚包含其他因素。
英文摘要 In May 2017, IASB officially released the International Financial Reporting Standard No. 17 "Insurance Contract" ( IFRS 17). The implementation of IFRS 17 has changed the way in which insurance premiums are recognized. This will make companies more difficult to maintain stable earnings. Therefore, this article believes that the financial control industry will increase earnings management during this grace period, so as to strengthen the confidence and makes the company's earnings meet the expectations of the stakeholders.
This study uses Taiwan's financial control industry as research sample and the period is from 2012 to 2019 (2017-2019 is the grace period). The empirical results find that the financial control industry with insurance subsidiaries has a higher degree of earnings management before and after the announcement of IFRS 17, and it is because the insurance business is a highly regulated business, which needs to meet the regulations of the regulatory agency, which needs more earnings management to maintain stable earnings. The result of Hypothesis two shows that the main variable IFRS is significantly positively related to the degree of earnings management. It refers that the financial holding companies will increase earnings management in order to allow stakeholders to maintain confidence in the companies after IFRS 17 is launched. However, the ownership of the insurance industry is not a factor that affects the degree of earnings management of the financial holding companies after the announcement of IFRS 17, and there may still other factors.
論文目次 第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 2
第三節 研究貢獻 2
第二章 文獻回顧與假說建立 4
第一節 保險合約會計處理準則之介紹 4
第二節 盈餘管理 8
第三節 保險業進行盈餘管理之動機 9
第四節 銀行進行盈餘管理的動機 10
第五節 文獻探討與假說建立 12
第三章 研究設計 15
第一節 樣本選取與資料來源 15
第二節 變數定義與衡量 15
第三節 實證模型 18
第四章 實證結果 20
第一節 敘述性統計 20
第二節 實證結果分析 22
第五章 研究結論與建議 25
第一節 研究結論 25
第二節 研究限制與建議 26
參考文獻 27
參考文獻 中文文獻
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