政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/50783

政大典藏 > College of Commerce > Department of Accounting > Theses > Item 140.119/50783

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/50783

Title:	我國企業提早採用XBRL格式申報財務報告影響因素之探討 A study of firm’s XBRL early adoption
Authors:	吳欣華 Wu, Hsin Hua
Contributors:	林宛瑩吳欣華 Wu, Hsin Hua
Keywords:	延伸性標記語言股權結構公司特性 XBRL ownership structure firm characteristics
Date:	2010
Issue Date:	2011-09-29 16:39:04 (UTC+8)
Abstract:	XBRL是以延伸性標記語言（eXtensible Markup Language, XML）為基礎，針對商業報告所發展之新標記語言。XBRL主要應用於財務資訊、報表與資料分析等領域，促進企業財務報導在資訊傳遞和分析比較上的及時性與易取得性，以提升其資訊透明度，並減少企業之資訊提供成本，以及資訊需求者之使用成本，並藉由國際標準之訂定，建構全球企業資訊供應鏈。本研究探討我國上市(櫃)公司提早採用XBRL格式申報財務報告之決策是否會受到股權結構與公司特性等因素所影響。實證分析結果顯示，就股權結構變數而言，機構投資人持股比率與提早採用XBRL格式間呈現顯著正相關，顯示機構投資人持股比率高，會提高企業提早採用XBRL格式申報財務報告之可能性；但股權分散度對於企業是否提早採用之決策並不存在關聯性。就公司特性變數而言，公司規模、市場別及是否發生虧損與提早採用XBRL格式間皆呈現顯著負向關係，表示公司資產規模小、上櫃公司，以及未發生虧損的企業，較可能提早採用XBRL格式申報財務報告。換言之，資產規模大、上市公司或發生虧損之公司均不傾向於提早採用XBRL格式申報財務報告。至於是否屬於高代理成本公司及是否須編製合併報表則與提早採用XBRL格式申報財務報告之決策，無顯著影響。 XBRL (eXtensible Business Reporting Language) is a business reporting language based on the eXtensible Markup Language. One of the key attributes of XBRL is an explicit semantic and machine-readable format for varieties of information found in business reporting in general and in financial statements in particular. It is suggested that the use of XBRL helps reduce the costs associated with obtaining and analyzing information from businesses by addressing and eliminating incompatible reporting formats. The benefits also include the enhancement of information transparency and a more effective and efficient information value chain. Using a sample of companies listed in Taiwan Securities Exchange (TWSE) and Gretai Securities Market (GSM), this study investigates the determinants of an early adoption of XBRL in filing annual financial reports from aspects of ownership structure and firm characteristics. With respect to the ownership structure variables, the empirical results show that the higher percentage of shareholding by the institutional investor, the greater the probability for firms to adopt XBRL earlier. However, the study cannot find the evidence that the degree of diversification of ownership is significantly related to the early adoption of XBRL in filing annual reports. With respect to variables of firm characteristics, the research findings indicate that small companies, companies listed in GSM, and profitable companies tend to adopt XBRL for financial reporting earlier. The study cannot find significant association between variables proxied for agency costs and firm complexity and the early adoption of XBRL.
Reference:	王震宇，2006，提昇財務資訊透明度與正確性的挑戰及解決方法，會計研究月刊，第247期（6月）：110-113。朱嘉文，2001，企業網路報導決定因素之研究，國立臺灣大學會計研究所碩士論文。吳婉瑜，2003，中國大陸上市公司網站資訊揭露與公司特性之實證研究，國立臺北大學會計研究所未出版碩士論文。呂坤穎，2003，機構投資人對公司經理人進行盈餘管理行為之影響，國立中正大學財務金融研究所未出版碩士論文。林瑞琴，2007，公司經營績效、公司治理與資訊透明度之關聯性，私立輔仁大學會計學系在職專班碩士論文。林宛瑩、許崇源、戚務君與陳宜伶，2009，公司治理與信用風險，臺大管理論叢，第19卷第S2期（9月）：71-98。周建宏，2002，提高資訊透明度以因應全球化的資本市場，會計研究月刊，第200期（7月）：78-86。周濟群，2004，XBRL標準應用於財務報告之發展現況(上)，會計研究月刊，第220期（3月）：75-86。周濟群，2004，XBRL標準應用於財務報告之發展現況(上)，會計研究月刊，第221期（4月）：95-107。周濟群，2006，XBRL－國際發展現況與國內發展分析，會計研究月刊，第244期（3月）：38-52。周國華，2008，XBRL格式財務報告－重要進展、技術架構、申報模式及分析工具介紹，財務報告分析課程講義。周濟群，2009，利用XBRL技術設計可剖析的開放式企業報告架構，會計學報，第1卷第2期（5月）：1-35。柯承恩，2000，我國公司監理體系之問題與改進建議（上），會計研究月刊，第173期（4月）：75-81。柯承恩，2000，我國公司監理體系之問題與改進建議（下），會計研究月刊，第174期（5月）：79-83。高蘭芬與邱正仁，2002，董監事股權質押對會計盈餘與股票報酬相關性之影響，臺大管理論叢，第13卷第1期（12月）：127-162。高愷蔚，2003，XML及XML資料庫在產業資訊交換上的應用，臺灣大學工程科學與海洋工程學系碩士論文。高嘉穗，2009，資訊透明度對企業資金成本與公司價值之研究，國立虎尾科技大學經營管理研究所碩士論文。陳瑞斌，2005，公司治理結構與資訊透明度對資本市場之影響，國立政治大學會計研究所博士論文。陳冠宙、陳育成與陳雪如，2005，影響上市公司網站資訊透明度因子之實證，會計與公司治理，第2卷第1期，頁33-59。陳瑞斌、許崇源與翁慈青，2007，公司治理架構與財務報告透明度之關聯性研究，中華管理評論-國際學報，第10卷第1期。張瑞當、方俊儒與曾玉琦，2007，核心代理問題與盈餘管理：董事會結構與外部監督機制之探討，管理學報，第24卷第1 期，頁17-39。張宏宇，2009，企業以XBRL格式申報財務資訊與公司治理因素之關連性研究，政治大學會計研究所碩士論文。黃耀慶，2001，從系統風險、企業透明度與權益資金成本關係探究影響企業透明度因素，國立政治大學企業管理研究所碩士論文。黃文玲，2004，公司特性與網站資訊透明度關聯性之研究，國立灣大學會計研究所碩士論文。葉銀華、李存修與柯承恩，2002，公司治理評等系統，商智文化出版社，臺北。鄭勝元，2009，家族企業與經營績效及資訊透明度關聯性之研究，私立中原大學會計研究所碩士論文。鄭佩宜，2010，影響企業自願採用XBRL相關因素之研究，國立虎尾科技大學經營管理研究所碩士論文。薛明玲，2002，資訊透明度與企業競爭力，會計研究月刊，第200期（7月）：14-15。鍾登訓，2010，資訊揭露與公司經營績效關聯之研究，國立交通大學管理學院經營管理組在職專班碩士論文。 Ang, J.S., R.A. Cole, and J.W. Lin. 2000. Agnecy Cost and Ownership Structure. The Journal of Finance, 55 (February): 81-106. Baldwin, A.A., C.E. Brown, and B.S. Trinkle. 2006. XBRL: an impacts framework and research challenge. Journal of Emerging Technologies in Accounting, 3: 97-116. Belkaoui, A., and A. Kahl. 1978. Corporate financial disclosure in Canada. Research Monograph of the Canadian Certified General Accountants Association, Vancouver. Botosan, C.A. 1997. Disclosure level and the cost of equity capital. The Accounting Review, 72(3): 421-439. Bhattacharya, S., and R.F. Premuroso. 2008. Do early and voluntary filers of financial information in XBRL format signal superior corporate governance and operating performance? International Journal of Accounting Information Systems, 9(1): 1-20. Cerf, R.A. 1961. Corporate reporting and investment decisions. Berkeley, California: The University of California Press. Coles, J.L., N.D. Daniel and L. Naveen. 2008. Boards: Does one size fit all? Journal of Financial Economics, 87: 329-356. Cooke, T.E. 1989. Voluntary disclosure by Swedish companies. Journal of International Financial Management and Accounting, 1: 1-25. Cooke, T.E. 1991. An assessment of voluntary disclosure in the annual reports of Japanese corporations. The International Journal of Accounting, 26(3): 174-189. Chen, C.J.P., and B. Jaggi. 2000. Association between independent nonexecutive directors, family control and financial disclosures in Hong Kong. Journal of Accounting and Public Policy, 19: 285-310. Camfferman, K., and T.E. Cooke. 2002. An analysis of disclosure in annual reports of U.K. and Dutch companies. Journal of International Accounting Research, 8: 1-28. Cormier, D., and M. Magnan. 2004. The impact of the web on information and communication modes: the case of corporate environmental disclosure. International Journal Technology Management, 27: 393-416. Cunningham, C. 2004. Cheaper, better, faster: XBRL takes center stage in financial reporting. Financial Executive, 20(8): 6. Callaghan, J., and R. Nehmer. 2009. Financial And Governance Characteristics Of Voluntary XBRL Adopters In The United States. International Journal of Disclosure and Governance, 6: 321-335. Dye, R. 1995. Disclosure of nonproprietary information. Journal of Accounting Research, 23(1): 123-145. Debreceny, R., and G. Gray. 2001. The production and use of semantically rich accounting reports on the Internet: XML and XBRL. International Journal of Accounting Information Systems, 2(1): 47-74. Debreceny, R., A. Chandra, J.J. Cheh, D. Guithues-Amrhein, N.J. Hannon, and P.D. Hutchison. 2005. Financial reporting in XBRL on the SEC`s EDGAR System: a critique and evaluation. Journal of Information Systems, 19(2): 191–210. Debreceny R., S. Farewell, M. Piechocki, C. Felden, and A. Graning. 2010. Does it add up? Early evidence on the data quality of XBRL filings to the SEC. Journal of Accounting and Public Policy, 29: 296-306. Duangploy, O., and D. Gray. 2005. International accounting harmonization impact compared: illustration of United States and Japan financial statement ratio analysis. Journal of American Academy of Business. Cambridge: 225-230. Eccles, R.G., and S.C. Mavrinac. 1995. Improving the corporate disclosure process. Sloan Management Review, 36: 11-25. El-Gazzar, S.M. 1998. Predisclosure Information and Institutional Ownership: A Cross-sectional Examination of Market Revaluations during Earnings Announcement Periods. The Accounting Review, 73: 119-129. Gibbons, M., A. Richardson, and J. Waterhouse. 1990. The management of corporate financial disclosures: opportunism, realism, policies, and procedures. Journal of Accounting Research, 28(1): 121-143. Gray, S.J., G.K. Meek, and C.B. Roberts. 1995. International capital market pressures and voluntary annual report disclosures by U.S. and U.K. multinationals. Journal of International Financial Management and Accounting, 6(1): 43-68. Hossain, M., M.H.B. Perera, and A. Rahman. 1995. Voluntary Disclosure in the Annual Reports of New Zealand Companies. Journal of International Financial Management and Accounting, 6(1): 69-87. Healy, P.M., and J.M. Wahlen. 1999. A review of the earnings management literature and its implications for standard setting. Accounting Horizons, 13(4): 365-383. Healy, P.M., and K.G. Palepu. 2001. Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. Journal of Accounting and Economics, 31: 405-440. Ho, S.S.M., and K.S. Wong. 2001. A study of the relationship between corporate governance structures and the extent of voluntary disclosure. Journal of International Accounting, Auditing and Taxation, 10: 139-156. Haniffa, R., and T. Cooke. 2002. Culture, corporate governance and disclosure in Malaysian corporations. Abacus, 38(3): 317-349. Honnon, N. 2003. XBRL: EDGAR analyst changes everything. Strategic Finance, 84(7): 55-56. Hodge, F.D., J.J. Kennedy, and L.A. Maines. 2004. Does search-facilitating technology improve the transparency of financial reporting? The Accounting Review, 79(3): 687-703. Jensen, M.C., and W.H. Meckling. 1976. Theory of the firm: Managerial behavior, agency cost and ownership structure. Journal of Financial Economics, 3: 305-360. Efendi, J., L.M. Smith, and J. Wong. 2009. Longitudinal Analysis of Voluntary Adoption of XBRL on Financial Reporting. Working paper. Lang, M., and R. Lundholm. 1993. Cross-sectional determinants of analyst ratings of corporate disclosure. Journal of Accounting Research, 306-360. Malone, D., C. Fries, and T. Jones. 1993. An empirical investigation of the extent of corporate financial disclosure in the oil and gas industry. Journal of Accounting, Auditing and Finance, 8: 249-273. Meek, G.K., C.B. Roberts, and S.J. Gray. 1995. Factors influencing voluntary annual report disclosures by U.S., U.K. and continental European multinational corporations. Journal of International Business Studies, 26: 555-572. Miller, G.S. 2002. Earnings performance and discretionary disclosure. Journal of Accounting Research, 40: 173-204. Naser, K. 1998. Comprehensives of disclosure of non-financial companies listed on the Amman financial market. International Journal of Commerce and Management, 2: 88-119. Neu, D., H. Warsame, and K. Pedwell. 1998. Managing public impressions: environmental disclosures in annual reports. Accounting, Organizations and Society, 23: 265-282. Pound, J. 1988. Proxy contests and the efficiency of shareholder oversight. Journal of Financial Economics, 20: 237-265. Pinsker, R., and S. Li. 2008. Costs and benefits of XBRL adoption: early evidence. Communications of the ACM, 51: 47-50. Pinsker, R., G. Castner and P. Wheeler. 2009. Nonprofessional investors perceptions of the efficiency and effectiveness of XBRL-enabled financial statement analysis and of companies providing XBRL-formatted information. International Journal of Disclosure and Governance, 6: 241-261. Singhvi, S., and H.B. Desai. 1971. An empirical analysis of the quality of corporate financial disclosure. Accounting Review, 46: 621-632. Shleifer, A. and R. Vishny. 1986. Large shareholders and corporate control. Journal of Political Economy, 94: 461-488. Standard & Poor’s. 2001. Standard & Poor’s Transparency & Disclosure Study. Scannell, K. 2006b. Cox puts more tech into SEC. The Wall Street Journal : C1. Saeed, R., Y. Furusho, and M. Koizumi. 2009. XBRL-Improving transparency and monitoring functions of corporate governance. International Journal of Disclosure and Governance, 6(4): 355-369. Trabelsi, S.R., R. Labelle and C. Laurin. 2004. The management of financial disclosure on corporate websites: a conceptual model. Canadian Accounting Perspectives, 13(2). Udo, C.B., T. Gasser, and J. Noll. 2005. Corporate Governance in China-Is Economic Growth Potential Hindered by Guanxi? Business and Society Review, 110(4): 389-405. Verrecchia, R.E. 2001. Essays on disclosure. Journal of Accounting and Economics, 32: 97-180. Wallace, R.S.O., K. Naser, and A. Mora. 1994. The relationship between the comprehensiveness of corporate annual reports and firm characteristics in Spain. Account and Business Research, 25: 41–53. Welker, M. 1995. Disclosure policy, information asymmetry and liquidity in equity markets. Contemporary Accounting Research, 11: 801-827. Weber, R.A. 2003. XML, XBRL, and the future of business and business reporting. In Trust and Data Assurances in Capital Markets: The Role of Technology Solutions, edited by Dr. Saeed J. Roohani. Bryant College: 3-6. Xbrl.Org. 2002. XRBL: Understanding The XML Standard For Business Reporting And Finance. [White Paper, Www.Xbrl.Org].
Description:	碩士國立政治大學會計研究所 98353030 99
Source URI:	http://thesis.lib.nccu.edu.tw/record/#G0098353030
Data Type:	thesis
Appears in Collections:	[Department of Accounting] Theses

Files in This Item:

There are no files associated with this item.

社群 sharing

Loading...