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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/35000


    Title: 影響長期性資產減損損失認列之決定性因素與其市場反應－以美國財務會計準則第144號公報為例
    Authors: 邱永昌
    Contributors: 洪叔民
    曹嘉玲
    邱永昌
    Keywords: 資產減損
    事件研究法
    實是性會計理論
    SFAS 144
    Date: 2005
    Issue Date: 2009-09-18 13:31:51 (UTC+8)
    Abstract: 由於資產的減損會大幅影響會計盈餘與資產價值，且一般公認會計原則給予公司管理階層在資產減損的處理上有很大的彈性，因此長久以來，長期性資產減損的議題都吸引著經理人、會計資訊使用者、媒體、政府規範單位以及學術界的注意。美國財務會計準則委員會在2001年10月發佈了財務會計準則第142號與第144號公報來修正原本規範長期性資產減損的第121號公報，其中第144號公報主要規範的資產類別為非商譽類的長期性資產減損會計處理。雖然144號公報施行至今已有數年的時間，但與144號公報相關的實證研究極少，因此本文將時序拉回公司採用144號公報的首年度，分析公司認列長期性資產減損的決定性因素以及股票市場對公司資產減損宣告的反應。
    在公司認列長期性資產減損的決定性因素方面，實證分析結果顯示公司長期性資產減損之金額會受到公司之經濟因素（股票報酬、資產報酬率成長率）以及報導動機（總資產、盈餘平穩化、經理人變動）影響，由此可知公司認列資產減損的行為與動機除了包含144號公報內所規範的經濟因素外，尚包括傳統盈餘管理理論中所提出的報導動機。
    而在分析股票市場對公司資產減損宣告反應的研究中，先前的研究均是假設市場上對於資產減損的認列為非預期的，然而市場上對於資產減損損失的認列並非全然皆為非預期的，投資人亦有可能透過公開資訊的蒐集以及理性分析後會將預期資產減損損失考慮在投資策略中；因此本文利用迴歸模型預測，將長期性資產減損分為投資人預期與非預期兩種類型進行分析，以分別探討投資人對預期與非預期的資產減損宣告有何不同的反應。實證結果顯示，不論資產減損是否被投資人預期，股票市場對於資產減損的消息並沒有顯著反應。
    Reference: 一、中文部份
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    Description: 碩士
    國立政治大學
    企業管理研究所
    93355077
    94
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0093355077
    Data Type: thesis
    Appears in Collections:[Department of Business Administation] Theses

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