本研究將探討那些自願性提前適用第37號公報的公司，是否與當年度的營業淨利率有關以及對會計資訊的價值攸關性產生影響。以民國92年至95年上市(櫃)公司十個產業之財務報表為樣本，藉由Logistic迴歸分析來探討影響公司提前適用第37號公報的因素。實證結果為：一、在塑膠產業中，民國九十五年度營業淨利率越差的公司，自願性提前適用第三十七號公報的可能性越高。二、在鋼鐵、塑膠、食品、金融以及電子產業中，研發和行銷費用佔銷貨收入比例越高的公司，越會提前適用第三十七號公報之會計決策。另外，採用Ohlson模式檢驗資訊價值攸關性，研究結果為：提前適用第三十七號公報之公司，整體的會計資訊價值攸關性低於未提前適用者。在個別探討盈餘變數攸關性部份，發現在九十五年度提前適用之盈餘資訊攸關性比未提前適用高，探討原因為投資者對於注重無形資產的公司，預期未來獲利能力較好。就權益變數而言，投資者對提前適用第三十七號公報之公司，有資產高估的疑慮，則會導致權益價值攸關性的降低。

The paper explores the companies that adopt SFAS No.37 early voluntarily whether it related to operating profit rate and affect their value relevance. The paper investigated companies that listed in TSE and OTC in the ten industries from 2003 to 2006 by using Logistic regression analysis to examine on the early adopter of SFAS No. 37. The results of logistic regression analysis are: (a) In the plastic industry, the lower operating profit rate in the 2006, the more likely the firm are willing to adopt SFAS No. 37 early. (b) In the steel, plastic, food, finance, and electronic industries, the higher R&D and marketing expenses/ sales revenue rate, the more likely the firm are willing to adopt SFAS No. 37 early. Next, the research use Ohlson model to examine value relevance. The results indicate that the whole accounting information value relevance of the early adopter is lower than the firms that are unwilling to adopt SFAS No. 37 early. In the earning relevance part, the earning information relevance of the early adopter is higher than the companies that do not adopt early. The reason is the investors anticipate the companies that emphasize intangible assets will have good profitability. In the equity relevance, companies tend to consider R&D cost as asset in the financial report by using information of SFAS No. 37. It causes investors to doubt whether the firms overestimate asset. The result is the equity value relevance of the early adopter is lower than the firms that are unwilling to adopt SFAS No. 37 early.