期刊論文
| 學年 | 97 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2009-01-01 |
| 作品名稱 | Top Management Compensation, Earnings Management and Default Risk: Insights from the Chinese Stock Market |
| 作品名稱（其他語言） | |
| 著者 | Ting, Wei; Yen, Hsin-hui; Huang, Sheng-shih |
| 單位 | 淡江大學會計學系 |
| 出版者 | Hilo, HI: Institute for Business and Finance Research |
| 著錄名稱、卷期、頁數 | The International Journal of Business and Finance Research 3(1), pp.31-46 |
| 摘要 | China has sustained a rapid rate of economic growth and absorbed a great deal of foreign investment over the past decades. However, the laws pertaining to business in China have not kept up with China’s market growth. For this reason, investors in the Chinese stock market must assess associated risks. We set out in this study to examine the relationships that exist between default risk, earnings management, and top management compensation of publicly-listed companies in the Chinese stock market, which is now considered the most important emerging market. The results reveal a greater likelihood of default amongst larger discretionary accruals and lower top management compensation. In addition to studying the relationships which exist in the full sample, we also divide the sample into two sub-groups, based upon the signs of discretionary accruals, to investigate the likelihood of default. We find higher default potential amongst firms only falling into the category of positive discretionary accruals. |
| 關鍵字 | |
| 語言 | en |
| ISSN | 1931-0269 2157-0698 |
| 期刊性質 | 國外 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | |
| 國別 | USA |
| 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/987654321/42042 ) |