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| 题名: | 總體經濟事件對年報可讀性與會計績效之關係的影響-以台灣金融業為例
The Effect of Macro-Economic Events on the Relation between Annual Report Readability and Accounting Performance within the Financial Industry in Taiwan |
| 作者: | 廖威翔
Liao, Wei-Hsiang |
| 贡献者: | 蔡政憲
Tsai, Jason
廖威翔
Wei-Hsiang Liao |
| 关键词: | 年報可讀性
公司績效
混淆理論
台灣金融業
Annual report readability
Firm performance
Obfuscation theory
Taiwanese financial industry |
| 日期: | 2023 |
| 上传时间: | 2023-04-06 18:05:16 (UTC+8) |
| 摘要: | Annual report readability determines the quality of communication between a company and its stakeholders. Courtis (1998) raised the obfuscation hypothesis and suggested that worse annual report readability implies a poor financial performance of the company because of the manager`s tendency to hide bad news. This is clear for events within the company, but not so clear for events in the macroeconomy. This study is the first one to do research on investigating annual report readability within the financial industry in Taiwan and also the first one to investigate the impact of macro-economic events on annual report readability. This study uses regression to explore the relationship between annual report readability, macro-economic events, and accounting performance. The results of this study suggest that the annual report readability in the Taiwanese financial sector has a significant negative relationship with ROE but a positive one with EPS. Besides, this study finds no obvious evidence to support the obfuscation hypothesis. Finally, this study also indicates that macro-economic events do have an impact on annual report readability, but only the year of the outbreak of Covid-19 has a significant relationship with it, and annual report readability in the banking sector is more highly affected by macro-economic events than that in the non-banking sector.
Keywords: Annual report readability, Firm performance, Obfuscation theory, Taiwanese financial industry |
| 參考文獻: | 6. References
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| 描述: | 碩士
國立政治大學
國際經營管理英語碩士學位學程(IMBA)
109933014 |
| 資料來源: | http://thesis.lib.nccu.edu.tw/record/#G0109933014 |
| 数据类型: | thesis |
| 显示于类别: | [國際經營管理英語碩士學程IMBA] 學位論文
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