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題名：異常實質盈餘管理在管理策略中是否被優先採用?
作者：邱碩志
作者(外文)：She-ChihChiu
校院名稱：國立成功大學
系所名稱：會計學系
指導教授：簡金成
林軒竹
學位類別：博士
出版日期：2016
主題關鍵詞：實質盈餘管理；應計項目盈餘管理；高階主管股票選擇權之執行；Real Earnings Management；Accrual-Based Earnings Management；Stock Option Exercises
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本論文旨在探討管理者如何運用盈餘管理策略，以及應計項目盈餘管理與實質盈餘管理之運用次序。本論文以美國公開發行公司為樣本，樣本期間自1992年至2015年。控制盈餘管理成本後，研究結果指出裁決性應計項目的變動與實質盈餘管理項目的變動呈正相關，這表示管理者以互補的方式運用盈餘管理策略以虛增盈餘。研究結果亦顯示，管理者在虛增盈餘的盈餘管理策略運用中會優先運用應計項目盈餘管理，並視實質盈餘管理為最後手段。本研究進一步以執行股票選擇權的公司為樣本，探討若管理者自利誘因較強時，是否結果不同，結果顯示與全樣本一致。
This paper examines how managers use earnings management strategies and the sequence between accrual-based and real earnings management. Based on a sample of U.S. publicly held companies during the period between 1992 and 2015, this paper documents that managers use accrual-based earnings management and real earnings management in a supplementary manner, controlling for the costs of conducting earnings management. In contrast to the literature, which shows that managers prefer real activity manipulation, this study shows that managers consider abnormal real activity manipulation as the last resort in their income-increasing earnings management strategies.
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