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系統識別號 U0026-2506201900233300
論文名稱(中文) 美國州法院採用不可避免揭露理論是否會降低公司成本僵固性?
論文名稱(英文) The Inevitable Disclosure Doctrine and Cost Stickiness
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) 洪子婷
研究生(英文) Tzu-Ting Hung
學號 R16064059
學位類別 碩士
語文別 中文
論文頁數 28頁
口試委員 指導教授-周庭楷
口試委員-楊朝旭
口試委員-謝喻婷
中文關鍵字 成本僵固性  不可避免揭露理論 
英文關鍵字 Inevitable Disclosure Doctrine  Cost Stickiness 
學科別分類
中文摘要 本研究主要探討美國州法院採用不可避免揭露理論(The Inevitable Disclosure Doctrine)是否會降低公司成本僵固性。研究樣本以1977年至2018年公司總部設立於美國50個州內之公司為主,並參考Anderson et al. (2003)建立成本僵固性模型,研究結果發現:在州法院採用不可避免揭露理論後,銷售與管理費用之成本僵固性有顯著下降的情況。額外測試亦發現採用不可避免揭露理論使成本僵固性下降的情況,在CEO任期較短的公司中更為顯著,此外,本研究將銷售與管理費用改以銷貨成本與營業成本測試,兩者之成本僵固性也有下降的情況,表示採用不可避免揭露理論後,因為經理人的移動力受限制,所以在收入下降時期,為避免利潤數字受到負面衝擊,會做相對應之資源調整,使成本僵固性得以舒緩。
英文摘要 This study examines the effect of the staggered adoption of the Inevitable Disclosure Doctrine (IDD) by U.S. state courts on cost stickiness. This paper uses the IDD as an exogenous shock which restricts managers’ mobility of switching jobs. The results show that the degree of selling, general, and administrative (SG&A) cost stickiness significantly decreases after adoption of the IDD. Similarly, the stickiness of cost of goods sold (COGS) and of operating cost (OC) also decrease after the IDD adoption. We further find that the IDD effect is stronger for firms managed by junior CEOs. These results provide new evidence on the economic consequence of the IDD.
論文目次 第一章、緒論 1
第二章、文獻探討與假說建立 4
第一節、不可避免揭露理論 4
第二節、成本僵固性 6
第三節、假說建立 9
第三章、研究設計 10
第四章、實證結果 13
第五章、額外測試 18
第一節、橫斷面分析 18
第二節、穩健性測試 20
第六章、結論 22
參考文獻 23
附錄 27
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