The Influence of the Earnings Manipulation to Enterprise Running Achievements

• Main Authors: Jian-Chao Yang, 楊建超
• Other Authors: Ying-Tia Chiu
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/26009146829806638150

碩士 === 大葉大學 === 會計資訊學系碩士班 === 96 === This study intends to investigate the relationship between arnings management and Management achievements in Exchange listings company. The motivation of the study was sample firms to examine whether the subject reveal the earnings management action to listed. The purpose of this study is to investigate the operating performance around ex-change listings and the association of earnings management before listing with per-formance changes after listing by exmining firms changing from the OTC market to the Taiwan Stock Exchange (TSE) during 2001-2004. The valid subjects were 129 compa-nies and the data were collected from TEJ and TSEC. Rangan Model was further adopted to analyze discretionary current accruals by SPSS. The results showed that the operating performance of sample firms following the listing is much better than the pre-listing period except for the liabilities ration shown in financial structure. The results showed that the operating performance of sample firms following the listing is much better than the pre-listing period except for the liabilities ration shown in financial structure. However, the ability to make a profit and ROA were declined. The results also pinpointed that there was negative relationship between discre-tionary current accruals and earnings management. In addition, earnings management behavior was not found at the year of the listings. The decrease of the DCAC revealed the fact that the sample firms succeeded in the listing.