The relationship between employees bonus and organization Performance -- A Study of theInformation and Electronics Industry

• Main Authors: HSIU-CHEN LIN, 林秀針
• Other Authors: none
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/76119905133916144564

碩士 === 中原大學 === 會計研究所 === 96 === The accounting policy of employee-bonus expensing has been implemented in Taiwan since January 1, 2008 so as to follow the international trend and to he geared to international standards. This policy is expected to increase corporate operating expense and to reduce operating profit as well as net profit per share. Consequently. the employee bonus used as incentive may have impact on the corporate net profit. The subjects of this research were the electronic companies public-listed during 2004 — 2007. 164 companies of those were selected and their 2008 financial statements were forecasted after expensing employee bonus in order to explore the colTelation between employee bonus expensing and business performance. The empirical results of the research were as followings: 1. The influence of distributing employee bonus on corporate performance The corporate performance. measured by ROE or Tobin’ s Q, both showed significant positive correlation with employee bonus. It indicated that the company could reap niore profits by distributing employee bonus to motivate the employees. 2. The impact on corporate performance after and before implementing the employee-bonus expensing ROE and Tobin’ s Q showed significant positive correlation both before and after implementing the employee-bonus expensing, which suggested that the implementation of employee-bonus expensing didn’t affect the corporate performance while the incentive effect. remains. 3. The impact on corporate performance after implementing employee-bonus expensing in 2008 The financial results published in first quarter of 2008 revealed that ROE didn’t decrease as expected. The reason might he that many companies tended not to distribute the employee bonus for the time being and might make decision based on the annual gain in the end of the year. The Tobin’ s Q showed negative correlation, which might result form employee’s anticipation on less bonus that lowered the incentive effect.