教師資料查詢 | 類別: 會議論文 | 教師: 黃志仁 HUANG, CHIH-JEN (瀏覽個人網頁)

標題:內部人交易之盈餘管理行為裁決性應計項目與營業外損益
學年94
學期2
發表日期2006/05/05
作品名稱內部人交易之盈餘管理行為裁決性應計項目與營業外損益
作品名稱(其他語言)Earnings Management Around Insider TradingDiscretionary accruals and Asset Sales
著者陳叡智; 黃志仁; 江雅蘋
作品所屬單位淡江大學會計學系
出版者
會議名稱2006當代會計暨管理論壇大會手冊=The 2006 Forum on Contemporary Accounting & Management
會議地點臺中, 臺灣
摘要本文以內部人自利的動機為前提,探討內部人交易前後,透過裁決性應計項目和營業外損益進行盈餘管理之行為。實證結果顯示,內部人賣出交易之前,裁決性應計項目和營業外損益的使用情形均高於內部人賣出交易之後。此外,比較買入組與賣出組在內部人交易之後的盈餘管理程度,發現買入組盈餘管理情形高於賣出組。上述兩項結果皆支持「內部人基於自利動機進行盈餘管理」之假說。本文進一步將裁決性應計項目和營業外損益視為內生變數,以聯立方程式模型探討這兩種盈餘管理工具被同時使用時的相互影響情況,發現在內部人異常交易的情況下,裁決性應計項目和營業外損益兩者間具有互補關係。;On the premise of insider self-interest, this research examines the hypothesis that insiders manage the earnings by discretionary accruals (DA) and asset sales (AS) around insider trading. Our empirical results indicate that the average DA and AS in pre-selling period are both statistically larger than those in post-selling period. Moreover, in post-trading period, the average DA and AS for the insider-buying sample are both larger than those for the insider-selling sample. Both evidences lend support to our hypothesis. We further apply Simultaneous Equations Model to examine the endogenous relationship between DA and AS. We find a positive association between DA and AS in the case of abnormal insider trading, suggesting a complementary relationship between these two instruments on the purpose of earnings management for insider trading.
關鍵字內部人交易;盈餘管理;裁決性應計項目;資產出售;Insider trading;Earnings management;Discretionary accrual;Asset sale
語言中文
收錄於
會議性質國內
校內研討會地點
研討會時間20060505~20060505
通訊作者
國別中華民國
公開徵稿Y
出版型式紙本
出處2006當代會計暨管理論壇大會手冊論文集=Proceedings of the 2006 Forum on Contemporary Accounting & Management22頁
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