Earnings Management about OTC firms
碩士 === 國立臺北大學 === 企業管理學系 === 89 === The study examines whether the companies before entering OTC market expect increases in earnings by manipulating Discretionary Accruals. The Wilcoxon Sign Rank and T tests are adopted to test the change of samples’ DA from 1995-1997. The empirical resul...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2001
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| Online Access: | http://ndltd.ncl.edu.tw/handle/99270445198376746661 |
| Summary: | 碩士 === 國立臺北大學 === 企業管理學系 === 89 === The study examines whether the companies before entering OTC market expect increases in earnings by manipulating Discretionary Accruals. The Wilcoxon Sign Rank and T tests are adopted to test the change of samples’ DA from 1995-1997.
The empirical results show that, under both electronics industries &non- electronics industries the operating performance of newly-listed firms has been downgrading after the listing. It is more apparent non-electronics industries use DA to control earning but electronics industries not .The companies that this study choose trend to introduce accrual item to increase earning in the early part of OTC 2 year going through. And operating performance falling have connection with DA using. The companies make use of both account receivable and inventory to increasing income. . The results of this analysis are mixed. Therefore, we cannot rule out selection bias as a potential alternative explanation for our findings.
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