政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/129866

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | 全文筆數/總筆數 : 115393/146433 (79%)
造訪人次 : 54910979 線上人數 : 333

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 > Item 140.119/129866

請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/129866

題名:	Internal Control Quality and Investment Efficiency
作者:	陳聖賢 Chen, Sheng-Syan 賴淑妙 Lai, Shu-Miao 劉志涼 Liu, Chih-Liang
貢獻者:	財管系
關鍵詞:	internal control;material weakness;investment efficiency
日期:	2019-12
上傳時間:	2020-05-26 13:42:10 (UTC+8)
摘要:	We investigate whether the quality of internal control over financial reporting (ICOFR) has implications for the quality of internal control over fixed assets by examining the relation between material weaknesses (MWs) and investment efficiency. After excluding restating firms and controlling for externally reported earnings quality and the potential endogeneity of material weakness disclosure, we find that managers in firms with weak ICOFR are more likely to make inefficient investments. This relation is stronger when investment-specific MWs related to capital expenditure and property, plant, and equipment. We further show a significantly negative relation between future cash flows and investments made by firms with weak ICOFR. Overall, our findings are distinct from prior studies in that they are independent of financial reporting quality and suggest that weak ICOFR implies that internal controls over fixed assets failed as well.
關聯:	Accounting Horizons
資料類型:	article
DOI 連結:	https://doi.org/10.2308/horizons-12-148
DOI:	10.2308/horizons-12-148
顯示於類別:	[財務管理學系] 期刊論文

文件中的檔案:

檔案	大小	格式	瀏覽次數
348.pdf	1957Kb	Adobe PDF2	333	檢視/開啟

在政大典藏中所有的資料項目都受到原著作權保護.

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

資料載入中.....