期刊論文
| 學年 | 101 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2012-12-01 |
| 作品名稱 | 以C-Score衡量會計穩健性在台灣的適用性 |
| 作品名稱（其他語言） | |
| 著者 | 王貞靜; 潘虹華; 戚務君 |
| 單位 | 淡江大學會計學系 |
| 出版者 | 臺北市：臺灣會計教育基金會 |
| 著錄名稱、卷期、頁數 | 會計審計論叢=Review of Accounting and Auditing Studies 2(2)，頁1-31 |
| 摘要 | 為解決Basu （1997）模型無法衡量個別公司跨年度的條件穩健性程度，Khan and Watts（2009）建構了一套得以估計跨公司與跨期間的會計穩健性估計式（以下簡稱為C-Score）。為提供該估計式於臺灣適用性的證據，本文首先依循Khan and Watts（2009）的驗證程序，實證C-Score在臺灣與其他穩健指標具有共同性；接著利用C-Score再驗證LaFond and Watts（2008）之主張穩健會計具有減緩企業資訊不對稱的效果，在臺灣同樣亦具有該功能與角色。最後，我們發現C-Score與企業債務資金成本呈現負向的關聯性。整體而言，本文提供臺灣證據支持C-Score的跨國適用性，並提供如何應用該估計值的實證分析。 To overcome a limitation of Basu's model (1997), with which researchers cannot examine the cross-sectional variation of asymmetric timeliness of earnings among firms, Khan and Watts (2009) estimate C-Score, which is a firm-year measure of conservative accounting, for Iisted firms in the U.S. Because the applicability of C-Score to non-U .S. firms has not been established, the first aim of the present paper is therefore to validate the application of C-Score to Taiwan companies. Second, using the measure, we confirm the theory that accounting conservatism can alleviate the problems of information asymmetry, using a more parsimonious model than the complex Basu-based method used in LaFond and Watts (2008). In addition, we use C-Score to show that conservative accounting decreases the cost of private debt. In sum, using Taiwan data, this paper replicates Khan and Watts by proving the applicability of C-Score, reproduces the findings of LaFond and Watts with a much more parsimonious model, and generates a novel application of C-Score. |
| 關鍵字 | 盈餘穩健性; 資訊不對稱; 銀行新增貸款利率 Accounting conservatism; lnformation asymmetry; Bank loan pricing |
| 語言 | zh_TW |
| ISSN | 2221-9374 |
| 期刊性質 | 國內 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | 王貞靜 |
| 審稿制度 | |
| 國別 | TWN |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/98695 ) |