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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/98651


    Title: IPO審查階段的公司盈餘管理初探:以中國大陸之國營企業及民營企業之比較為例
    A comparative analysis of pre-IPO earnings management between SOE and NSOE in China
    Authors: Miura, Takashi
    Contributors: 王信實
    李文傑

    Wang, Shinn Shyr
    Lee, Wen Chieh

    Takashi Miura
    Keywords: Earnings management
    State-owned enterprise
    Non-state-owned enterprise
    IPO market
    Property plant and equipment
    Long –term debt
    Account receivable
    Long –term debt
    Date: 2016
    Issue Date: 2016-07-01 15:25:35 (UTC+8)
    Abstract: This study investigates an appropriate accrual-based model in detecting earnings management (EM) of Chinese firms undergoing initial public offering (IPO) process. The mainstream literatures show that state-owned enterprise (SOE) has involved with less earnings management (EM) than non-state-owned enterprise (NSOE) in pre-IPO market from 2003 to 2009. The reason is that SOE could borrow money from bank, compared to NSOE. However, SOE has been proven to conduct stronger EMs in pre-IPO market during 2011 to 2013 by manipulating with property plant and equipment (PPE), the flows of account receivable (AR) and long-term debt (LTD). Besides, I also suggest a new accrual-based model that could better fit into the unique features of Chinese firms in their process of IPO application.
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    [28] Xu, W. Chinese domestic IPO over-issuance.
    Description: 碩士
    國立政治大學
    經濟學系
    103258042
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0103258042
    Data Type: thesis
    Appears in Collections:[經濟學系] 學位論文

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