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題名:財務困難公司之資訊透明度研究
書刊名:當代會計
作者:薛敏正 引用關係李雅琳
作者(外文):Shiue, Min-jengLi, Ya-ling
出版日期:2007
卷期:8:2
頁次:頁113-153
主題關鍵詞:財務困難資訊透明度資訊揭露評鑑系統Financial distressInformation transparencyInformation disclosure and transparence ranking system
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(12) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:12
  • 共同引用共同引用:159
  • 點閱點閱:203
本研究旨在探討財務困難公司之資訊揭露行為。以財團法人證券暨期貨市場發展基金會建置之「資訊揭露評鑑系統」中的「年報指標」作為公司資訊透明度之替代變數,分析與討論財務危機與正常公司之資訊透明度。以2003年列入全額交割之上市(櫃)公司為樣本另加入財務危機前後各一年之數據,就年報評鑑指標中之評分結果,採單變量與多變殔迴歸分析,觀察與分析財務困難公司之資訊揭露情形。實證結果發現除董事會及股權結構資訊外,在整體資訊、財及營運資訊、強制性資訊、自願性資訊等方面均顯示財務危機公司的資訊揭露程度較正常公司低。另項重要的發現是資訊揭露數據區分之等級愈多時,愈容易觀出財務危機公司與正常公司間之資訊透明度差異。
The purpose of this study is to examine whether the transparency of information disclosure by distress firms is lower than that by non-distress firms. Annual report index data from IDTRS (Informaiton Disclosure and Transparence Ranking system) are used as the proxy of the firms’ information transparency. Research samples including distress and non-distress firms are collected from the public trading securities in Taiwan stock market between 2002 and 2004. both univarate and mulitviariate regressions are used to examine our hypothesis. Research findings moderately support our argument that distress firms disclose less information thatn non-distress firms. Finally, it is found that the smaller the measure of the interval is, the better the discriminative ability to investigate information disclosure differences between distress and non-distress firms is.
期刊論文
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2.薛敏正、林嬋娟(20041000)。The Study of Earnings Management Detecting Models: A Case of Firms in Financial Distress。中華會計學刊,5(1),105-130。new window  new window
3.Miller, Gregory S.(2002)。Earnings performance and discretionary disclosure。Journal of Accounting Research,40(1),173-204。  new window
4.Elliott, R. K.、Jacobson, P. D.(1994)。Costs and benefits of business information disclosure。Accounting Horizons,8(4),80-96。  new window
5.Daily, C. M.、Dalton, D. R.(1994)。Corporate Governance and the Bankrupt Firm: An Empirical Assessment。Strategic Management Journal,15(8),643-654。  new window
6.Cooke, T. E.(1991)。An assessment of voluntary disclosure in the annual reports of Japanese corporations。The International Journal of Accounting,26(3),174-189。  new window
7.Firth, Michael(1979)。The Impact of Size, Stock Market Listing, and Auditors on Voluntary Disclosure in Corporate Annual Reports。Accounting and Business Research,9(36),273-280。  new window
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10.張瑞當、方俊儒(20060100)。資訊揭露評鑑系統對企業盈餘管理行為之影響。會計評論,42,1-22。new window  延伸查詢new window
11.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics,20(1/2),293-315。  new window
12.Hausman, Jerry A.(1978)。Specification tests in econometrics。Econometrica: Journal of the Econometric Society,46(6),1251-1271。  new window
13.Eng, L. L.、Mak, Y. T.(2003)。Corporate governance and voluntary disclosure。Journal of Accounting and Public Policy,22(4),325-345。  new window
14.DeAngelo, Linda E.(1986)。Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders。The Accounting Review,61(3),400-420。  new window
15.Ohlson, James A.(1980)。Financial Ratios and the Probabilistic Prediction of Bankruptcy。Journal of Accounting Research,18(1),109-131。  new window
16.Spence, Michael(1973)。Job Market Signaling。The Quarterly Journal of Economics,87(3),355-374。  new window
17.Altman, Edward I.(1968)。Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy。The Journal of Finance,23(4),589-609。  new window
18.White, Halbert L. Jr.(1980)。A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity。Econometrica: Journal of the Econometric Society,48(4),817-838。  new window
19.林嬋娟、洪櫻芬、薛敏正(19970300)。財務困難公司之盈餘管理實證研究。管理學報,14(1),15-38。new window  延伸查詢new window
20.Jensen, Michael C.(1993)。The modern industrial revolution, exit, and the failure of internal control systems。The Journal of Finance,48(3),831-880。  new window
21.DeAngelo, Harry、Skinner, Douglas J.、DeAngelo, Linda E.(1994)。Accounting choice in troubled companies。Journal of Accounting and Economics,17(1/2),113-143。  new window
22.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics,3(4),305-360。  new window
學位論文
1.廖文鳳(2004)。公司治理與財務資訊品質(碩士論文)。逢甲大學。  延伸查詢new window
2.林宓穎(2002)。上市公司財務危機預警模式之研究(碩士論文)。國立政治大學。  延伸查詢new window
3.張明峰(1991)。股權結構對公司績效影響之研究(碩士論文)。國立政治大學。  延伸查詢new window
4.何里仁(2003)。公司治理之資訊透明度與績效評核關聯性之研究(碩士論文)。逢甲大學。  延伸查詢new window
5.陳肇榮(1983)。運用財務比率預測企業財務危機之實證研究(博士論文)。國立政治大學。new window  延伸查詢new window
其他
1.張淑貞(2005)。資訊揭露評鑑系統與會計資訊價值攸關性之研究。  延伸查詢new window
2.楊明璋(2003)。繼續經營不確定性企業的資訊揭露行為。  延伸查詢new window
3.廖彩梅(2003)。盈餘管理與財務困難預警關係之研究。  延伸查詢new window
4.鄭惠之(2002)。企業如何提昇透明度與企業價值研討會報導。  延伸查詢new window
5.財團法人證券暨期貨市場發展基金會建置之「資訊揭露評鑑制度」。  延伸查詢new window
6.Clarkson, P., Guedes, J. and Thompson, R.(1996)。On the diversification, observability, and measurement of estimation risk。  new window
7.Lori, Holder-Webb.(2003)。Strategic use of disclosure policy in distressed firms。  new window
 
 
 
 
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