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題名:中國會計師事務所經營效率分析:合併的影響
書刊名:臺大管理論叢
作者:林孝倫 引用關係卓佳慶 引用關係
作者(外文):Lin, Hsiao-lunCho, Chia-ching
出版日期:2014
卷期:24:S1
頁次:頁175-201
主題關鍵詞:會計師事務所合併資料包絡分析法CPA firmsMergersData envelopment analysis
原始連結:連回原系統網址new window
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  • 被引用次數被引用次數:期刊(1) 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:1
  • 共同引用共同引用:17
  • 點閱點閱:9
中國註冊會計師協會為提升境內事務所之規模與品質,推動「會計師事務所做大做強」計畫,該計畫促使中國會計師事務所展開合併風潮。但會計師事務所透過合併擴張規模的同時,其經營效率是否亦有所提升,尚未有文獻分析。本文以資料包絡分析法分析會計師事務所之經營效率,並以麥氏生產力指數分析事務所經營效率之變化。實證結果顯示,涉及合併的事務所跨期間經營效率的提升較未涉及合併的事務所高。本文進一步將涉及合併的事務所依據合併前是否具有「證券、期貨相關業務許可證」加以區分,發現兩家以上具有證券、期貨相關業務許可證之事務所合併,對於經營效率的提升才有顯著正向的影響。此外,本文將合併前事務所總所所在地是否在同一省份加以區分,實證結果顯示,若合併前事務所總所位於不同省份,事務所間業務區域互補性高,對於事務所經營效率的提升有顯著正向的影響。綜上所述可知,中國近期涉及合併事務所的效率提升較未合併者顯著,但並非所有事務所都可以透過合併來達成做大做強的效果,在推動政策與事務所在進行合併決策時,應審慎評估事務所合併對於經營效率的影響。
Developing larger and more competitive Chinese CPA firms is the objective of Chinese government. The Chinese government supports CPA firms to achieve scale growth through merger. This study examines the relationship between operational efficiency and the merging of CPA firms. We measure operating efficiency by applying Data Envelopment Analysis (DEA). Using revenue and human resource data in China for the 2004-2009 period, we find firms that are involved in mergers have significantly higher productivity growth than their peers. However, not all mergers have positive effects. Mergers occur between two (or more) CPA firms that are licensed to audit listed companies and mergers occur between two (or more) CPA firms that headquarter are in different provinces have significantly higher productivity growth. The findings of this study have policy implications for regulators in China and the Chinese CPA firms.
期刊論文
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3.Firth, M.、Lau, T.(2004)。Audit Pricing Following Mergers of Accounting Practices: Evidence from Hong Kong。Accounting and Business Research,34(3),201-213。  new window
4.Sullivan, M. W.(2002)。The Effect of the Big Eight Accounting Firm Mergers on the Market for Audit Services。Journal of Law and Economics,45(2),375-399。  new window
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6.許漢友、湯谷良、汪先娣(2008)。中國會計師事務所盈餘效率之DEA分析。會計研究,2008(3),74-81。  延伸查詢new window
7.楊永淼(2009)。我國會計師事務所運營效率的實證分析。財會月刊,508,71-73。  延伸查詢new window
8.賈憲威、劉文、侯路、李林春(2010)。我國會計師事務所審計運營效率的實證研究An empirical research about the audit operational efficiency of CPA firm。財會月刊,553,68-71。  延伸查詢new window
9.Beattie, V.、Goodacre, A.、Fearnley, S.(2003)。And then there were four: A study of UK audit market concentration-causes, consequences and the scope for market adjustment。Journal of Financial Regulation and Compliance,11(3),250-265。  new window
10.Chang, Hsihui、Chen, Jengfang、Tsai, Chun-Li、Yang, Yanjie(2009)。IT capital accumulation and productivity growth in public accounting firms。IEEE Transactions on Engineering Management,56(4),672-700。  new window
11.Jerris, S. I.、Pearson, T. A.(1996)。Benchmarking CPA firms for productivity and efficiency。The CPA Journal,66(7),64-66。  new window
12.Lawrence, J. E.、Glover, H. D.(1998)。The effect of audit firm mergers on audit delay。Journal of Managerial Issues,5(2),151-164。  new window
13.McMeeking, K. P.(2007)。Competition in the UK accounting services market。Managerial Auditing Journal,22(2),197-217。  new window
14.Thavapalan, S.、Moroney, R.、Simnett, R.(2002)。The effect of the Price water house Coopers merger on auditor concentration in Australia: A note。Accounting and Finance,42(2),153-167。  new window
15.Tsai, T. Y.、Yang, C. C.(2008)。Mergers and operational efficiency in Taiwan's audit firms。Journal of American Academy of Business,12(2),99-103。  new window
16.Amel, D.、Barnes, C.、Panetta, F.、Salleo, C.(2004)。Consolidation and efficiency in the financial sector: A review of the international evidence。Journal of Banking and Finance,28(10),2493-2519。  new window
17.Cummins, J. D.、Xie, X.(2008)。Mergers and acquisition in the US property-liability insurance industry: Productivity and efficiency effects。Journal of Banking and Finance,32(1),30-55。  new window
18.Iyer, V. M.、Iyer, G.S.(1996)。Effect of Big 8 Mergers on Audit Fees: Evidence From the United Kingdom.。Auditing: A Journal of Practice and Theory,15(2),123-132。  new window
19.Wootton, C. W.、Tonge, S. D.、Wolk, C. M.(1994)。Pre and Post Big 8 Mergers: Comparison of Auditor Concentration。Accounting Horizons,8(3),58-74。  new window
20.Kitching, J.(1967)。Why do mergers miscarry?。Harvard Business Review,45(6),84-101。  new window
21.Cheng, T. W.、Wang, K. L.、Weng, C. C.(2000)。A Study of Technical Efficiencies of CPA Firms in Taiwan。Review of Pacific Basin Financial Markets and Policies,3(1),27-44。  new window
22.DeFond, Mark L.、Wong, T. J.、Li, Shuhua H.(1999)。The Impact of Improved Auditor Independence on Audit Market Concentration in China。Journal of Accounting & Economics,28(3),269-305。  new window
23.Banker, Rajiv D.、Chang, Hsihui、Natarajan, Ram(2005)。Productivity Change, Technical Progress, and Relative Efficiency Change in the Public Accounting Industry。Management Science,51(2),291-304。  new window
24.Malmquist, Sten(1953)。Index numbers and indifference surfaces。Trabajos de Estadística y de Investigación Operativa,4(2),209-242。  new window
25.Banker, Rajiv D.、Charnes, Abraham、Cooper, William Wager(1984)。Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis。Management Science,30(9),1078-1092。  new window
26.Chan, K. H.、Lin, K. Z.、Mo, P. L. L.(2006)。A political-economic analysis of auditor reporting and auditor switches。Review of Accounting Studies,11(1),21-48。  new window
27.Chan, K. H.、Wu, D.(2011)。Aggregate Quasi Rents and Auditor Independence: Evidence from Audit Firm Mergers in China。Contemporary Accounting Research,28(1),175-213。  new window
28.Healy, P.、Lys, T.(1986)。Auditor Changes Following Big Eight Mergers with Non-Big Eight Audit Firms。Journal of Accounting and Public Policy,5(4),251-265。  new window
29.林嬋娟、林孝倫(20090700)。會計師事務所規模、品牌與競爭程度對審計公費之影響:中國之實證。會計評論,49,35-72。new window  延伸查詢new window
學位論文
1.黃蘭貴(2001)。會計師事務所合併之技術效率比較分析(博士論文)。國立臺灣大學。new window  延伸查詢new window
其他
1.United States General Accounting Office(2003)。Public Accounting Firms: Mandated Study on Consolidation and Competition,GAO。,http://www.gao.gov/cgi-bin/getrpt?GAO-03-864。  new window
 
 
 
 
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