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題名:審計委員會之設立及其品質對於公司盈餘管理的影響
作者:劉正義
作者(外文):Liu, Cheng-Yi
校院名稱:國立臺北大學
系所名稱:會計學系
指導教授:李建然
學位類別:博士
出版日期:2013
主題關鍵詞:審計委員會、審計委員會的品質、盈餘管理、自我選擇偏誤、公司治理
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)
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  • 點閱點閱:82
本文的研究目的在控制公司設立審計委員會自我選擇偏誤下,探討審計委員會與公司盈餘管理的關係。由於我國審計委員會與監察人,兩者均賦有監督公司財務報導的職責。在規避訴訟風險下,本文預期相對於監察人,獨立性較高的審計委員會會要求較高的審計品質。此外,相對於監察人,專業性較高的審計委員會較具有監督公司財務報導程序的能力。因此,審計委員會與監察人,兩者在與管理階層、會計師互動溝通時,審計委員會相對於監察人,前者較有限制公司盈餘管理的功能。本文考量我國設立審計委員會的公司屬於自願性設立,因此以內生性二元處理模型(endogenous binary treatment model)以及其他計量方法,控制公司設立審計委員會自我選擇的偏誤,實證分析設立審計委員會與公司盈餘管理的關係。另外,本文以公司審計委員會的特徵符合法規的程度給予評分,作為審計委員會品質的衡量變數,探討審計委員會的品質與公司盈餘管理的關係。實證結果顯示,公司盈餘增加時,審計委員會相對於監察人,前者較具有顯著的抑制公司向上盈餘管理的功能;公司盈餘減少時,審計委員會相對於監察人,前者對於盈餘的報導更趨保守, 因此呈現調降公司盈餘的狀況。故為了規避訴訟風險,不論在盈餘增加或者盈餘減少,審計委員會相對於監察人,前者都較具有抑制盈餘高估的功能。另外,就審計委員會的品質而言,公司盈餘增加時,審計委員會的品質具有顯著抑制公司向上盈餘管理的功能;公司盈餘減少時, 審計委員會的品質與盈餘管理呈不顯著的正向關係。故審計委員會的品質具有限制公司盈餘管理的功能。部分的樣本中確實存在自我選擇的問題。本文的研究結果可提供學術界、主管機關、投資人以及企業界,作為學術研究、法規制定、投資決策以及公司治理的參考。
Abstract
This study, controlled self-selection bias, examines the impact of audit committee on earnings management in Taiwan. Based on supervisors and audit committee were empowered duties to monitoring financial reporting process by regulator in Taiwan. We argue that independent and expert audit committee member demand a high level of audit quality than supervisors because of avoiding reputation losses that result from lawsuit sanction. Therefore, we predict the earnings management of adoption audit committee firms is less than that adoption supervisors firms. We explore an endogenous binary treatment model and the other regression model to control firm characteristics. In addition, we examine the impact of audit committee quality, estimated by the characteristic of the audit committee corresponding with regulator, on earnings management. We find the ability of adoption audit committee firms to constraining upward earnings report is superior to that adoption supervisors firms; the audit committee quality constrain significantly earnings management. The result indicates that self-selection bias surely exist in part of sample.
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