Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/98543
|
| Title: | 企業經理人的幼兒期成長差異與企業盈餘管理的關聯性
Early Childhood Differences, Managerial Characteristics, and Earnings Management |
| Authors: | 鄭琪儒
Cheng, Chi Ru |
| Contributors: | 潘健民
鄭琪儒
Cheng, Chi Ru |
| Keywords: | 經理人
盈餘管理
Manager
Earnings Management |
| Date: | 2016 |
| Issue Date: | 2016-07-01 14:55:52 (UTC+8) |
| Abstract: | 形成個人特質的過程錯綜複雜，除了與生俱來之特質外，也會經後天環境與經驗的差異而有所不同。由於國民義務教育之規定，出生月份之差異會影響入學時點而造成同一學期中的年齡差距，過去文獻指出該差異會影響其學業的表現以及經歷的養成。而經理人之個人特質、成長背景等因素會影響其經營企業之風格也有許多學者進行研究，其中，過去研究顯示出生月份的確會因不同事件的切割而對個人產生不同面向的關聯性。因此本研究想延伸先前之文獻結果，進一步了解是否經理人出生月份所影響其入學年齡之差異，會造就不同之個人特質，進而影響其進行盈餘管理之差異。
本研究利用以日本東京證券交易所上市公司之經理人(社長)為研究對象，並依照日本國民教育法4月1日開學時年滿六歲應入學之規定，以三月份及四月份出生之經理人做為幼兒時期成長差異衡量方式，測試其在經營企業上盈餘管理的方式是否有顯著差異。本研究實證結果發現，出生於四月份之經理人傾向採用減少裁量性費用進行實質盈餘管理，出生於三月份之經理人則與應計項目之盈餘管理為負相關，顯示出生於三月份之經理人較不會進行盈餘管理。
Current education system requests children to enter primary school at the age of 6. However, schools uniformly accept entering students only once a year. Therefore, the age differences between the oldest children the youngest children in the same school year could be as large as 12 months. Prior researchers study the relationship between backgrounds, characteristics, psychological traits of the board members, CEO and top management teams and the corporate performance. In this study, we investigate if the managers born in different month of the year have different styles in managing earnings. Our results indicate that managers born in April most likely to conduct real earnings management by decreasing discretionary expenses. Managers born in March are most unlikely to conduct accruals-based earnings management. |
| Reference: | Allen, J., and B. Roger. 1993. Streams and tiers: The interaction of Ability, Maturity, and Training in Systems with Age-dependent Recursive Selection. The Journal of Human Resource 28 (3): 649-659.
Angrist, J. D., and Alan B. Krueger. 1991. Dose Compulsory School Attendance Affect Schooling and Earnings? Quarterly Journal of Economics 106 (4): 979-1014.
Baber, W., P. Fairfield, and J. Haggard. 1991. The Effect of Concern about Reported Income on Discretionary Spending Decisions: The Case of Research and Development. The Accounting Review 66 (4): 818–829.
Bamber, L. S., J. Jiang, and I. Y. Wang. 2010. What’s My Style? The Influence of Top Managers on Voluntary Corporate Financial Disclosure. The Accounting Review 85 (4): 1131-1162.
Barber, B. M., and T. Odean. 2001. Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment. The Quarterly Journal of Economics 116 (1): 262–292.
Basu, S., L. S. Hwang, T. Mitsudome, and J. Weintrop. 2007. Corporate Governance, Top Executive Compensation and Firm Performance in Japan. Pacific-Basin Finance Journal 15 (1): 56–79.
Bertrand, M., and A. Schoar. 2003. Managing with style: The Effects of Top Managers on Firm Policies. The Quarterly Journal of Economics 118 (4): 1169-1208.
Bisanz, J., M. Dunn, and F. J. Morrison. 1995. Effects of Age and Schooling on the Acquisition of Elementary Quantitative Skills. Developmental Psychology 31 (2): 221–236.
Brush, T. H., P. Bromiley, and M. Hendrickx. 1999. The Relative Influence of Industry and Corporation on Business Segment Performance: An Alternative Estimate. Strategic Management Journal 20 (6): 519–547.
Cahan, S., and D. Davis. 1987. A Between-Grade-Levels Approach to the Investigation of the Absolute Effects of Schooling on Achievement. American Educational Research Journal 24 (1): 1-13.
Carroll, H.C. 1992. Season of Birth and School Attendance. British Journal of Educational Psychology 62 (3): 391–396.
Cheng, S. 2008. Board size and The Variability of Corporate Performance. Journal of Financial Economics 87 (1): 157–176.
Child, J. 1974. Managerial and organizational factors associated with company performance. Journal of Management Studies 11 (3): 175-189.
Cohen, D., and P. Zarowin. 2010. Accrual-based and Real Earnings Management Activities around Seasoned Equity Offerings. Journal of Accounting and Economics 50 (1): 2-19.
Dudink, A. 1994. Birth Date and Sporting Success. Nature 368 (14): 592.
Fellner, G., and B. Maciejovsky. 2007. Risk Attitude and Market Behavior: Evidence from Experimental Asset Markets. Journal of Economic Psychology 28 (3): 338-350.
Fertig, M., and J. Kluve. 2005. The Effect of Age at School Entry on Educational Attainment in Germany. IZA Discussion Paper 1507 (3).
Fredriksson, P., and O. Bjorn. 2014. Life-cycle Effects of Age at School Start. Economic Journal 124 (579): 977-1004.
Goel, A. M., and A. V. Thakor. 2008. Overconfidence, CEO Selection, and Corporate Governance. Journal of Finance 63 (6): 2737-2784.
Graham, J. R., and C. R. Harvey, S. Rajgopal. 2005. The Economic Implications of Corporate Financial Reporting. Journal of Accounting and Economics 40 (1-3): 3–73.
Hambrick, D. C., and P. A. Mason. 1984. The Organization as a Reflection of Its Top Managers. Academy of Management Proceedings 8 (1): 12-16.
Jones, J. 1991. Earnings Management during Import Relief Investigations. Journal of Accounting Research 29 (2): 193-228.
Kawaguchi, Daiji. 2006. The Effect of Age at School Entry on Education and Income. ESRI Discussion Paper Series 162.
Kogan, N., and M. Wallach. 1966. Modification of Judgmental Style through Group Interaction. Journal of Personality and Social Psychology 4 (1): 165–174.
Lien, L., K. Tambs, B. Oppedal, S. Heyerdahl, and E. Bjertness. 2005. Is Relatively Young Age within a School Year a Risk Factor for Mental Health Problems and Poor School Performance? A Population-based Cross-sectional Study of Adolescents in Oslo, Norway. BMC Public Health 5 (102).
Low, A. 2009. Managerial Risk-Taking Behavior and Equity-Based Compensation. Journal of Financial Economics 92 (3): 470–490.
MacCrimmon, K. R., and D. A. Wehrung. 1988. Taking Risks: The Management of Uncertainty. Administrative Science Quarterly 33 (4): 638-640.
March, J. G., and Z. Shapira. 1987. Managerial Perspectives on Risk and Risk Taking. Management Science 33 (11): 1404-1418.
Martin, P. R., P. Foels, G. Clanton, and K. Moon. 2004. Season of Birth is Related to Child Retention Rates, Achievement, and Rate of Diagnosis of Specific LD. Journal of Learning Disabilities 37 (4):309–317.
Nakano, M., and P. Nguyen. 2012. Board Size and Corporate Risk Taking: Further Evidence from Japan. Corporate Governance: An International Review 20 (4): 369–387.
Pennington, B. F., and S. Ozonoff. 1996. Executive Functions and Developmental
Psychopathology. Journal of Child Psychology and Psychiatry 37 (1):51–87.
Rangan, S. 1998. Earnings Management and the Performance of Seasoned Equity Offerings. Journal of Financial Economics 50 (1): 101–122.
Roychowdhury, S. 2006. Earnings Management through Real Activities
Manipulation. Journal of Accounting and Economics 42 (3): 335-370.
Schuman, H., and J. Scott. 1989. Generations and Collective Memories. American Sociological Review 54 (3): 359-381.
Skinner, D. J., and R. G. Sloan. 2002. Earnings Surprises, Growth Expectations and Stock Returns or Don’t Let an Earnings Torpedo Sink Your Portfolio. Review of Accounting Studies 7 (2-3): 289–312.
Srinidhi, B., Gul F. A., and J. Tsui. 2011. Female Directors and Earnings Quality. Contemporary Accounting Research 28 (5): 1610-1644.
Sunder, S. 1980. Corporate Capital Investment, Accounting Method and Earnings: A Test of the Control Hypothesis. Journal of Finance 35 (2): 553-565.
Taylor, R. N. 1975. Age and Experience as Determinants of Managerial Information Processing and Decision Making Performance. Academy of Management Journal 18 (1):71-81.
Teoh, S., and I. Welch, and T. Wong. 1998. Earnings Management and the Long-run Under Performance of Initial Public Offerings. Journal of Finance 53 (6): 1935–1974.
Uphoff, J. k., and J. Gilmore. 1985. Pupil Age at School Entrance: How Many are Ready for Success. Educational Leadership 43 (1): 86-90.
Wiersema, M. F., and K. A. Bantel. 1992. Top management Team Demography and Corporate Strategic Change. Academy of Management Journal 35 (1): 91-121.
Wiersema, M. F., and A. Bird. 1993. Organizational Demography in Japanese Firms: Group Heterogeneity, Individual Dissimilarity, and Top Management Team Turnover. Academy of Management Journal 36 (5): 996-1025.
Vroom, V. H., and B. Pahl. 1971. Relationship between Age and Risk Taking among Managers. Journal of Applied Psychology 55 (5): 399-405.
Zang, A. 2012. Evidence on the Tradeoff between Real Manipulation and Accrual Manipulation. The Accounting Review 87 (2): 675-703. |
| Description: | 碩士
國立政治大學
會計學系
103353021 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0103353021 |
| 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.
|
