Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/69188
|
| Title: | 內部控制品質與會計穩健性之關聯:以中國證券市場為證據
The Association between Internal Control Quality and Accounting Conservatism:Evidence from China Market |
| Authors: | 黃郁涵 |
| Contributors: | 梁嘉紋
黃郁涵 |
| Keywords: | 會計穩健性
內部控制
盈餘/報酬迴歸模型
Conservatism
Internal control
Basu model
G_SCORE
C_SCORE |
| Date: | 2013 |
| Issue Date: | 2014-08-25 15:15:05 (UTC+8) |
| Abstract: | 直到2010年中國大陸才有一套較完整的內部控制相關規範，近年來有關中國企業內部控制相關的議題也受到很多重視。中國市場是近年來很受重視的市場，然而我們對於蓬勃發展的中國市場是否具有會計穩健性，以及中國企業的盈餘品質等特性卻不甚瞭解。因此，本研究以中國市場為研究對象，探討企業內部控制品質的好壞是否影響企業的會計穩健性。本研究之實證結果發現，中國市場整體而言雖具有會計穩健性，然而企業內部控制品質的好壞與企業穩健性之間不具有統計上之顯著關聯性，顯示中國企業的內部控制品質的提升無法有效提升企業的會計穩健性，無法使管理者更快速的認列壞消息。
The laws and regulations of internal control in China aren’t developed so complete and detailed until 2010. The issues about internal control of those companies in China receive much attention in these years. People gradually pay attention to China market, but little is known about the earnings characteristics of China market, such as accounting conservatism and earnings quality.
Consequently, this research focuses on whether the internal control quality of those companies in China affects accounting conservatism of theirs. The empirical research finds that China market has the characteristic of accounting conservatism in general, but the association between the internal control quality and accounting conservatism is not statistically significant. The results do not support that those companies in China which have better internal control quality enhance their managers using accounting conservatism to recognize bad news more timely. |
| Reference: | 王宏、蔣占華、胡為民和趙麗生，2011，中國上市公司內部控制指數研究，人民出版社。
金成隆、陳美惠，2012，高等財務會計研究--理論與實證，滄海書局。
胡為民，2012，中國上市公司內部控制報告(2012)，電子工業出版社。
林佳穎，2006，我國財務報表穩健特性及穩健原則攸關價值之研究，國立成功大學會計學系碩士論文。
郭軒廷，2009，會計穩健與盈餘屬性關係之研究，國立成功大學會計學系碩士論文。
陳建佑，2009，會計穩健與公司治理之研究:聯立方程式法之應用，國立成功大學會計學系碩士論文。
王貞靜、潘虹華和戚務君，2012，以C-Score衡量會計穩健性在臺灣的適用性，會計審計論叢2 (2): 1-31。
于忠泊和田高良，2009，內部控制評價報告真的有用嗎？--基於會計信息質量、資源配置效率視角的研究，山西財經大學學報31 (10): 110-118。
毛新述和戴德明，2009，會計制度改革、盈餘穩健性與盈餘管理，會計研究12:38-46。
王素蓮， 2005，企業内部控制評價指標體系研究，山西大學學報28 (6)：10-14。
王煜宇和溫濤，2005，企業内部控制評價模型及運用，統計與決策4: 131-132。
王琳琳，2012，我國上市公司內部控制信息披露存在的問題及解決對策--基於深市主板上市公司，會計師19: 12-13。
方紅星和金玉娜，2011，高質量内部控制能抑制盈餘管理嗎--基于自願性內部控制鑒證報告的經驗研究，會計研究8: 53-60,96。
方紅星和張志平，2012，內部控制質量與會計穩健性--在自深市A股公司2007-2010年年報的經驗證據，審計與經濟研究27 (5): 3-10。
方紅星和孫翯，2007，强制披露規則下的内部控制信息披露--基于滬市上市公司2006年年報的實證研究，財經問題研究12: 67-73。
曲曉輝和邱月華，2007，強制性制度變遷與盈餘穩健性--來自深滬證券市場的經驗證據，會計研究7: 20-28。
朱茶芬，2006，會計管制和盈餘質量關係的實證研究，財貿經濟5:39-45。
李剛、張偉和王艷艷，2008，會計盈餘質量與權益資本成本關系的實證分析，審計與經濟研究23 (5): 57-62。
李明輝、何海和馬夕奎，2003，我國上市公司内部控制信息披露狀況的分析，審計研究1: 38-43。
李遠鵬和李若山，2005，是會計盈餘穩健性，還是利潤操縱? --來自中國上市公司的經驗證據，中國會計與財務研究7 (3): 1-31。
李增泉和盧文彬，2003，會計盈餘的穩健性：發現與啟示，會計研究2: 19-27。
李四海和陳榜，2012，會計準則變遷與會計盈余穩健性--基于滬市A股上市公司的實證分析，科學決策6: 43-53。
宋蔚蔚，2011，上市公司内部控制信息披露發展路徑與現狀研究，山東經濟5: 81-87。
吳蔚，2005，論上市公司內部控制信息披露，北方經濟16: 36-37。
陳旭東和黃登仕，2006，上市公司會計穩健性的時序演進與行業特徵研究，證券市場導報4: 59-65。
陶曉慧和柳建華，2010，資產替代、會計穩健性與債權人保護，財經理論與實踐31 (166): 58-61。
張先治和戴文濤，中國企業内部控制評價系统研究，2011，審計研究1: 69-78。
張妙凌，2012，我國上市公司內部控制信息披露問題研究，財會研究15: 56-59。
梁利輝和梁肖，2013，會計穩健性研究--基於我國上市公司的經驗數據，會計之友3: 15-17。
戚務君、廖益均、林嬋娟，2008，我國企業盈餘穩健特性之研究，會計學報1(1): 1-28頁。
許江波和朱琳琳，2011，上市公司内部控制信息披露影響因素實證研究--基於深市主板A股上市公司2009年數據分析，首都經濟貿易大學學報5: 57-63。
楊玉鳳、王火欣和曹瓊，2010，內部控制信息披露質量與代理成本相關性研究--基於滬市2007年上市公司的經驗數據，審計研究 1: 82-88。
齊保壘、田高良和李留闖，2010，上市公司內部控制缺陷與財務報告信息質量，管理科學23 (4): 38-47。
劉運國、吳小蒙和蔣濤，2010，產權性質、債務融資與會計穩健性--來自中國上市公司的經驗證據，會計研究1: 43-50,95。
劉婧和張雙鵬，2011，內部控制有效性，代理成本與審計師選擇，財會通訊 18:34-37。
蔡吉甫，2005，我國上市公司内部控制信息披露的實證研究，審計與經濟研究 20 (2): 85-88。
Ahmed, A., and S. Duellman. 2007. Accounting conservatism and board of director characteristics: An empirical analysis. Journal of Accounting and Economics 43 (2-3): 411-437.
Ahmed, A., and S. Duellman. 2008. Evidence on the role of accounting conservatism in monitoring managers’ investment decisions. Working paper, Texas A&M University.
Ahmed, A. S., B. K. Billings, R. M. Morton, and M. Stanford-Harris. 2002. The role of accounting conservatism in mitigating bondholder-shareholder conflicts over dividend policy and in reducing debt costs. The Accounting Review 77 (4): 867-890.
Ashbaugh-Skaife, H., D.W. Collins, W. R. Kinney, and R. LaFond. 2008. The effect of SOX internal control deficiencies and their remediation on accrual quality. The Accounting Review 83 (1): 217-250.
Basu, S. 1997. The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics 24 (1): 3-38.
Ball, R., and L. Shivakumar. 2005. Earnings quality in U.K. private firms: comparative loss recognition timeliness. Journal of Accounting and Economics 39 (1): 83-128.
Ball, R., and L. Shivakumar. 2006. The role of accruals in asymmetrically timely gain and loss recognition. Journal of Accounting Research 44(2): 207-242.
Ball, R., A. Robin, and G. Sadka. 2006. Are timeliness and conservatism due to debt or equity markets? An international test of contracting and value relevance.Theories of accounting. Working Paper, University of Chicago.
Ball, R., S. P. Kothari, and A. Robin. 2000. The effect of international institutional factors on properties of accounting earnings. Journal of Accounting and Economics 29 (1): 1-51.
Ball, R., A. Robin, and J. S. Wu. 2003. Incentives versus standards: Properties of accounting income in four East Asian countries. Journal of Accounting and Economics 36 (1): 235-270.
Beaver, W.H, and S. G. Ryan. 2000. Biases and lags in book value and their effects on the ability of the book-to-market ratio to predict book return on equity. Journal of Accounting Research 38(1): 127-148.
Beaver, W.H, and S. G. Ryan. 2005. Conditional and unconditional conservatism: concept and modeling. Review of Accounting Studies 10(2-3): 269-309.
Bédard, J. 2006. Sarbanes Oxley internal control requirements and earnings quality. Working Paper, University of Laval.
Bliss, J. H. 1924. Management through accounts. New York, NY: The Ronald Press.
Bushman, R. M., J. D. Piotroski, and A. J. Smith. 2006. Capital allocation and timely accounting recognition of economic losses. Working Paper, The University of North Carolina Chapel Hill and University of Chicago.
Bushman, R., and J. Piotroski. 2006. Financial reporting incentives for conservative accounting: The influence of legal and political institutions. Journal of Accounting and Economics 42 (1-2): 107-148.
Chan, K.C., B. Farrell, and P. Lee. 2008. Earnings management of firms reporting material internal control weaknesses under Section404 of the Sarbanes-Oxley Act. Auditing: A Journal of Practice and Theory 27 (2): 161-179.
Chandra, U., C. Wasley and G. Waymire. 2004. Income conservatism in the U.S. technology sector. Working Paper, University of Rochester.
Chen, Q., T. Hemmer, and Y. Zhang. 2007. On the relation between conservatism in accounting standards and incentives for earnings management. Journal of Accounting Research 45 (3): 541-565.
Doyle, J.T., W. Ge, and S. McVay. 2007a. Determinants of weaknesses in internal control over financial reporting. Journal of Accounting and Economics 44: 193-223.
Doyle, J.T., W. Ge, and S. McVay. 2007b. Accrual quality and internal control over financial reporting. The Accounting Review 82 (5): 1141-1170.
Epps, R. W.,and C. P. Guthrie. 2010. Sarbanes-Oxley 404 material weaknesses and discretionary accruals. Accounting Forum 34 (2): 67-75.
Feltham, G. A., and J. A. Ohlson. 1995. Valuation and clean surplus accounting for operating and financial activities. Contemporary Accounting Research 11 (2): 689-731.
Francis, J., R. LaFond, P. Olsson, and K. Schipper. 2004. Costs of equity and earnings attributes. The Accounting Review 79 (4): 967-1010.
Givoly, D., C. Hayn, and A. Natarajan. 2007. Measuring reporting conservatism. The Accounting Review 82 (1): 65-106.
Givoly, D., and C. Hayn. 2002. Rising conservatism: Implications for financial analysis. Financial Analysts Journal 58 (1): 56-74.
Givoly, D., and C. Hayn. 2000. The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative? Journal of Accounting and Economics 29 (3): 287-320.
Gordon, L. A., M. P. Loeb, and C.Y. Tseng. 2009. Enterprise risk management and firm performance: A contingency perspective. Journal of Accounting and Public Policy 28 (4): 301-327.
Guay, W., and R. E. Verrecchia. 2007. Conservative disclosure. Working paper, University of Pennsylvania.
Holthausen, R., and R. Watts. 2001. The relevance of the value-relevance literature for financial accounting standard setting. Journal of Accounting and Economics 31 (1-3): 3-75.
Huijgen, C., and M. Lubberink. 2005. Earnings conservatism, litigation, and contracting: The case of cross-listed firms. Journal of Business Finance and Accounting. 32 (7-8): 1275-1309.
Khan, M., and R. L. Watts. 2009. Estimation and empirical properties of a firm-year measure of conservatism. Journal of Accounting and Economics 48 (2-3): 132-150.
Kwon, S. S. 2002. Value relevance of financial information and conservatism: High-tech versus low-tech Stocks. Working Paper, Rutgers University-Camden.
LaFond, R. 2005. The influence of ownership structure on earnings conservatism, timeliness and informativeness of stock prices: A international comparison. Working Paper, University of Wisconsin-Madison.
LaFond, R., and R. Watts. 2008. The information role of conservatism. The Accounting Review 83 (2): 447-478.
Lobo, G. J., and J. Zhou. 2006. Did conservatism in financial reporting increase after the Sarbanes-Oxley Act? Initial evidence. Accounting Horizons 20 (1): 57-73.
Moerland, L., I. B. Accounting, and R. Meuwissen. 2007. A study of internal control reporting practices in Finland, Norway, Sweden, The Netherlands and United Kingdom. Working paper, Maastricht University.
Ohlson, J. A. 1995. Earnings, book values, and dividends in equity valuation.Contemporary Accounting Research 11 (2): 661-687.
Pae, J., D. B. Thornton, and M. Welker. 2005. The link between earnings conservatism and the price to book ratio. Contemporary Accounting Research 22 (3): 693-717.
Pae, J. 2007. Unexpected accruals and conditional accounting conservatism. Journal of Business Finance and Accounting 34 (5): 681-704.
Paek, W., L. H. Chen, and H. Sami. 2007. Accounting conservatism, earnings persistence and pricing multiples on earnings. Working paper, Sunkyunkwan University, Arizona State University, and Lehigh University.
Penman, S. H., and X. J. Zhang. 2002. Accounting conservatism, the quality of earnings, and stock returns. Accounting Review 77 (2): 237-264.
Pope, P. F., and M. Walker. 1999. International differences in the timeliness, conservatism, and classification of earnings. Journal of Accounting Research 37: 53-87.
Pope, P. F., and M. Walker. 2003. Ex-ante and ex-post accounting conservatism, asset recognition and asymmetric earnings timeliness. Working paper, Lancaster University and University of Manchester.
Qiang, X. 2007. The effects of contracting, litigation, regulation, and tax costs on conditional and unconditional conservatism: cross-sectional evidence at the firm level. Accounting Review 82 (3): 759-796.
Raonic, I., S. Mcleay and I. Asimakopoulos. 2004. The timeliness of income recognition by European companies: An analysis of institutional and market Complexity. Journal of Business Finance & Accounting 31 (1-2): 115-148.
Roychowdhury, S., and R. Watts. 2007. Asymmetric timeliness of earnings, market-to-book and conservatism in financial reporting. Journal of Accounting and Economics 44 (1): 2–31.
Ryan, S. G. 2006. Identifying conditional conservatism. European Accounting Review 15 (4): 511–525.
Sivakumar, K., and G. Waymire. 2003. Enforceable accounting rules and income measurement by early 20th century railroads. Journal of Accounting Research 41 (2): 397-444.
Watts, R. L. 2003a. Conservatism in accounting part I: Explanations and implications. Accounting Horizons 17 (3): 207-221.
Watts, R. L. 2003b. Conservatism in accounting part II: Evidence and research
opportunities. Accounting Horizons 17 (4): 287-301.
Zhang, J. 2008. The contracting benefits of accounting conservatism to lenders and borrowers. Journal of Accounting and Economics 45 (1): 27-54.
Zhang, X.J. 2000. Conservative accounting and equity valuation. Journal of Accounting and Economics 29 (1): 125-149. |
| Description: | 碩士
國立政治大學
會計研究所
100353029
102 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G1003530291 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
|
Files in This Item:
There are no files associated with this item.
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|
