博碩士論文 103430006 詳細資訊




以作者查詢圖書館館藏 以作者查詢臺灣博碩士 以作者查詢全國書目 勘誤回報 、線上人數:6 、訪客IP:3.227.252.66
姓名 李依璇(Yi-Shiuan Li)  查詢紙本館藏   畢業系所 會計研究所
論文名稱 執行長及財務長之誘因薪酬差距,內部控制缺失與盈餘管理
(CEO and CFO incentive gap, internal control weaknesses and earnings management)
相關論文
★ 申請首次公開發行過程分析 -以LED 產業之A 公司為例★ 探討美元匯率與臺股指數變化之關係
★ 台灣血糖檢測儀產業的商業模式探討 -以產業領導廠商為例★ 台灣上市公司董監薪酬與公司績效之關聯性 -以電子零組件產業為例
★ 執行長誘因獎酬,會計師特性:沙賓法案前後期★ 審計委員會財務專家與CEO誘因薪酬:對公司績效與盈餘管理之影響
★ 財務壓力、審計與薪酬委員會成員重疊與審計品質對盈餘管理之影響:真實與應計盈餘管理★ 盈餘壓力,財務專家對盈餘管理之影響:應計盈餘管理與實質盈餘管理
★ 公司治理、高階經理人薪酬與企業績效敏感度之關連性★ 強制設置薪酬委員會對高階經理人薪酬與企業績效關係之影響
★ 獨立董事特性、高階經理人現金薪酬 與會計績效表現之關聯性★ 高階經理人誘因薪酬與審計與薪酬委員會成員重疊對公司生產效率之影響
★ 審計委員會與薪酬委員會成員重疊在經理人權益薪酬與企業風險承擔關係中扮演之角色★ 合併報表與母公司報表之資訊差異對盈餘持續性之影響
★ 雙簽制度下產業專精對查核任期與會計重編間關係之影響★ 上市IPO之盈餘管理與審計品質
檔案 [Endnote RIS 格式]    [Bibtex 格式]    [相關文章]   [文章引用]   [完整記錄]   [館藏目錄]   至系統瀏覽論文 ( 永不開放)
摘要(中) 我們的研究以多重代理人的觀點,檢驗在沙賓法案實施之後,執行長與財務長之間的誘因薪酬差距所產生的意涵。沙賓法案第302段及第404段明確規範執行長與財務長對內部控制品質及財務報導負有責任。我們的研究在沙賓法案的架構之下,基於執行長與財務長所做出的決策易受到誘因薪酬的影響,故測試執行長與財務長之間的誘因薪酬差距對於內部控制缺失及盈餘管理的效果。我們的研究證據顯示,誘因薪酬差距愈大導致愈嚴重的內部控制缺失;而且當公司處於內部控制缺失的環境之下,誘因薪酬差距愈大愈會造成盈餘管理的現象。
摘要(英) On the basis of multi-agent perspective, our study investigates the implication of the incentive gap between CEO and CFO, after the implementation of the Sarbanes-Oxley Act. Section 302 and section 404 of the Sarbanes-Oxley Act clearly specify their responsibility for the internal control quality and the financial reporting. Our study uses the framework of Sarbanes-Oxley Act. Under this framework, we examine the effect of the incentive gap between CEO and CFO on internal control weaknesses and earnings management because there is a tendency that the incentive compensation affects decisions made by CEO and CFO. Our paper presents the evidence that the higher incentive gap leads to the severer internal control problems. Furthermore, companies under the internal control weakness environment, the higher incentive gap results in more earnings management.
關鍵字(中) ★ 執行長
★ 財務長
★ 誘因薪酬差距
★ 沙賓法案
★ 內部控制缺失
★ 盈餘管理
關鍵字(英) ★ CEO
★ CFO
★ Incentive gap
★ Sarbanes-Oxley Act
★ Internal control weaknesses
★ Earnings management
論文目次 Abstract in Chinese .............................................................................................. i
Abstract ................................................................................................................ ii
Acknowledgements ............................................................................................. iii
Contents ............................................................................................................... iv
List of Figures ...................................................................................................... v
List of Tables ....................................................................................................... vi
1. Introduction .................................................................................................. 1
2. Literature Review and Research Questions ............................................... 3
2.1. Literature Review............................................................................... 3
2.2. Research Questions ............................................................................ 4
3. Research Design ............................................................................................ 5
3.1. Sample ................................................................................................. 5
3.2. Model Specification ............................................................................ 8
3.2.1. Regression models .................................................................... 8
3.2.2. Dependent variable .................................................................. 9
3.2.3. Independent variable ............................................................. 11
3.2.4. Control variables ................................................................... 13
4. Empirical Results ....................................................................................... 17
4.1. Descriptive Statistics ........................................................................ 17
4.2. Analysis for Research Question 1 ................................................... 21
4.3. Analysis for Research Question 2 ................................................... 25
5. Conclusions ................................................................................................. 29
References .......................................................................................................... 31
Appendix 1 ......................................................................................................... 33
Appendix 2 ......................................................................................................... 35
參考文獻 Ashbaugh-Skaife, H., D. W. Collins, and W. R. Kinney. 2007. The discovery and reporting
of internal control deficiencies prior to SOX-mandated audits. Journal of accounting
and Economics 44 (1):166-192.
Balsam, S., W. Jiang, and B. Lu. 2014. Equity incentives and internal control weaknesses.
Contemporary Accounting Research 31 (1):178-201.
Bebchuk, L. A., K. M. Cremers, and , and U. C. Peyer. 2011. The CEO pay slice. Journal of
financial economics 102 (1):199-221.
Bebchuk, L. A., J. M. Fried, and D. I. Walker. 2002. Managerial power and rent extraction
in the design of executive compensation: National bureau of economic research.
Beneish, M. D. 1999. Incentives and penalties related to earnings overstatements that
violate GAAP. The Accounting Review 74 (4):425-457.
Bergstresser, D., and T. Philippon. 2006. CEO incentives and earnings management.
Journal of financial economics 80 (3):511-529.
Billings, B. A., X. Gao, and Y. Jia. 2013. CEO and CFO equity incentives and the pricing of
audit services. Auditing: A Journal of Practice & Theory 33 (2):1-25.
Bushman, R. M., Z. Dai, and W. Zhang. 2015. Management Team Incentive: Dispersion and
Firm Performance. The Accounting Review 91 (1):21-45.
Cheng, Q., and T. D. Warfield. 2005. Equity incentives and earnings management. The
Accounting Review 80 (2):441-476.
Cohen, D. A., A. Dey, and T. Z. Lys. 2008. Real and accrual-based earnings management in
the pre-and post-Sarbanes-Oxley periods. The Accounting Review 83 (3):757-787.
Core, J., and W. Guay. 2002. Estimating the value of employee stock option portfolios and
their sensitivities to price and volatility. Journal of Accounting Research 40
(3):613-630.
Dechow, P. M., R. G. Sloan, and A. P. Sweeney. 1995. Detecting earnings management.
Accounting review:193-225.
DeFond, M. L., and K. Subramanyam. 1998. Auditor changes and discretionary accruals.
Journal of accounting and Economics 25 (1):35-67.
Doyle, J., W. Ge, and S. McVay. 2007. Determinants of weaknesses in internal control over
financial reporting. Journal of accounting and Economics 44 (1):193-223.
Erickson, M., M. Hanlon, and E. L. Maydew. 2006. Is there a link between executive equity
incentives and accounting fraud? Journal of Accounting Research 44 (1):113-143.
Francis, J. R., E. L. Maydew, and H. C. Sparks. 1999. The role of Big 6 auditors in the
credible reporting of accruals. Auditing: A Journal of Practice & Theory 18
(2):17-34.
Ge, W., and S. McVay. 2005. The disclosure of material weaknesses in internal control after
the Sarbanes-Oxley Act. Accounting Horizons 19 (3):137-158.
Henderson, A. D., and J. W. Fredrickson. 2001. Top management team coordination needs
and the CEO pay gap: A competitive test of economic and behavioral views.
Academy of Management Journal 44 (1):96-117.
Hoitash, R., U. Hoitash, and K. M. Johnstone. 2012. Internal Control Material Weaknesses
and CFO Compensation*. Contemporary Accounting Research 29 (3):768-803.
Hribar, P., and D. W. Collins. 2002. Errors in estimating accruals: Implications for empirical
research. Journal of Accounting Research 40 (1):105-134.
Jensen, M. C., and W. H. Meckling. 1976. Theory of the firm: Managerial behavior, agency
costs and ownership structure. Journal of financial economics 3 (4):305-360.
Jiang, J. X., K. R. Petroni, and I. Y. Wang. 2010. CFOs and CEOs: Who have the most
influence on earnings management? Journal of financial economics 96 (3):513-526.
Jones, J. J. 1991. Earnings management during import relief investigations. Journal of
Accounting Research:193-228.
Kale, J. R., E. Reis, and A. Venkateswaran. 2009. Rank‐order tournaments and incentive
alignment: The effect on firm performance. The Journal of Finance 64
(3):1479-1512.
Krishnan, J. 2005. Audit committee quality and internal control: An empirical analysis. The
Accounting Review 80 (2):649-675.
Li, F., M. Minnis, V. Nagar, and M. Rajan. 2014. Knowledge, compensation, and firm value:
An empirical analysis of firm communication. Journal of accounting and Economics
58 (1):96-116.
Sloan, R. 1996. Do stock prices fully reflect information in accruals and cash flows about
future earnings? Accounting review 71 (3):289-315.
Zhang, Y., J. Zhou, and N. Zhou. 2007. Audit committee quality, auditor independence, and
internal control weaknesses. Journal of accounting and public policy 26
(3):300-327.
指導教授 盧佳琪(Chia-Chi Lu) 審核日期 2016-7-14
推文 facebook   plurk   twitter   funp   google   live   udn   HD   myshare   reddit   netvibes   friend   youpush   delicious   baidu   
網路書籤 Google bookmarks   del.icio.us   hemidemi   myshare   

若有論文相關問題,請聯絡國立中央大學圖書館推廣服務組 TEL:(03)422-7151轉57407,或E-mail聯絡  - 隱私權政策聲明