會議論文

學年 105
學期 2
發表日期 2017-06-28
作品名稱 Influence of product market competition on the relationship between corporate governance and earnings management
作品名稱（其他語言）
著者 Hui-wen Tang
作品所屬單位
出版者
會議名稱 EuroConference 2017 - The International Conference on Emerging and Developing Economies
會議地點 Chania, Greece
摘要 This study explores the influence of product market competition on the relationship between corporate governance and earnings management. The research sample comprises firms listed on the Taiwan Stock Exchange (TSE) and Taipei Exchange from 2003 to 2014. The results indicate that the managers of firms with low product market power or facing strong market competition could be induced to employ earnings management through accounting discretion and real operational activities. The influence of product market power on earnings management is more significant than that of market competition. The regression results for subsamples classified by product market power and industry competition indicate that, in the subsamples where product market power is weak or industry competition is fierce, the effect of corporate governance on earnings management could easily fail, and even exacerbate managerial earnings manipulation. In other words, the pressure from market competition could reduce the effect of corporate governance and even induce managers to employ earnings management. The difference between corporate governance and earnings management is even more pronounced when product market power and industry competition are considered simultaneously in the subsample grouping.
關鍵字 accounting discretion;corporate governance;earnings management;industry competition;product market competition;product market power
語言 en
收錄於
會議性質 國際
校內研討會地點 無
研討會時間 20170628~20170630
通訊作者 Hui-wen Tang
國別 GRC
公開徵稿
出版型式
出處 Conference Proceedings
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/110548 )