教師資料查詢 | 類別: 會議論文 | 教師: 黃台心 HUANG, TAI-HSIN (瀏覽個人網頁)

標題:Analysis of Competition in Taiwan's Public Accounting Industry
學年101
學期2
發表日期2013/05/01
作品名稱Analysis of Competition in Taiwan's Public Accounting Industry
作品名稱(其他語言)
著者Chang, Bao-Guang; Huang, Tai-Hsin; Wang, Hsiu-Mei
作品所屬單位淡江大學經濟學系
出版者新北市淡江大學企業管理學系
會議名稱2013年(第八屆)提升競爭力與經營管理研討會
會議地點新北市, 臺灣
摘要This paper investigates the degree of market competition in the public accounting industry of Taiwan over the period of 1994-2008, using the 'R-statistic' proposed by Panzar & Rosse (1987). Differing from previous works, this paper applies the newly developed model, i.e., the censored stochastic frontier (CSF) model, to test whether audit markets under consideration have achieved the long-run equilibrium. The model is superior to the conventional one that requires researchers adding unity to dependent variable ROA for all observations to force the transformed dependent variable having a positive value and being able to take the natural logarithm. Evidence is found that Taiwan's accounting industry is characterized as either monopolistic competition, and over time has been a trend towards a fully competitive type. The CSF model confirms that market of Taiwan's accounting industry is already in the long-run equilibrium, which validates the use of Panzar-Rosse model.
Conversely, the employment of the conventional approach leads to a rejection of the long-run equilibrium in Taiwan's accounting industry.
關鍵字public accounting industry;degrees of competition;PR non-structural test;censored stochastic frontier model
語言英文
收錄於
會議性質兩岸
校內研討會地點淡水校園
研討會時間20130501~20130501
通訊作者
國別中華民國
公開徵稿Y
出版型式紙本
出處2013年(第八屆)提升競爭力與經營管理研討會論文集頁93-112
相關連結
Google+ 推薦功能,讓全世界都能看到您的推薦!