The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company
碩士 === 世新大學 === 財務金融學研究所(含碩專班) === 98 === This study used a fixed effects model to look whether "accounting exposure" is value relevance. Study found that accounting exposure for investors is not value relevance. This conclusion is consistent with the academic contention and support curren...
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ndltd-TW-098SHU053040262016-05-04T04:31:50Z http://ndltd.ncl.edu.tw/handle/92207628734138412327 The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company 會計曝險之價值攸關性-以台灣上市(櫃)公司為例 Kuo-Ming Huang 黃國銘 碩士 世新大學 財務金融學研究所(含碩專班) 98 This study used a fixed effects model to look whether "accounting exposure" is value relevance. Study found that accounting exposure for investors is not value relevance. This conclusion is consistent with the academic contention and support current standpoint of Financial Accounting Standards in Taiwan that do not need to present "comprehensive income" in financial statement. In addition, according to Louis’ view that presents an economic analysis of the accounting exposure, this study follows Louis’s trail that cluster the data by labor cost. Empirical results do not support the point that labor cost is the key influence to foreign currency translation adjustment. So the way of economic analysis of the accounting exposure must be interpreted with caution. In other words, there is still difference between economic exposure and accounting exposure. Tsung-Wu Ho 何宗武 2010 學位論文 ; thesis 55 zh-TW |
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碩士 === 世新大學 === 財務金融學研究所(含碩專班) === 98 === This study used a fixed effects model to look whether "accounting exposure" is value relevance. Study found that accounting exposure for investors is not value relevance. This conclusion is consistent with the academic contention and support current standpoint of Financial Accounting Standards in Taiwan that do not need to present "comprehensive income" in financial statement. In addition, according to Louis’ view that presents an economic analysis of the accounting exposure, this study follows Louis’s trail that cluster the data by labor cost. Empirical results do not support the point that labor cost is the key influence to foreign currency translation adjustment. So the way of economic analysis of the accounting exposure must be interpreted with caution. In other words, there is still difference between economic exposure and accounting exposure.
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Tsung-Wu Ho |
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Tsung-Wu Ho Kuo-Ming Huang 黃國銘 |
author |
Kuo-Ming Huang 黃國銘 |
spellingShingle |
Kuo-Ming Huang 黃國銘 The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
author_sort |
Kuo-Ming Huang |
title |
The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
title_short |
The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
title_full |
The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
title_fullStr |
The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
title_full_unstemmed |
The Value Relevance of the Accounting Exposure - Examples of Taiwan-listed Company |
title_sort |
value relevance of the accounting exposure - examples of taiwan-listed company |
publishDate |
2010 |
url |
http://ndltd.ncl.edu.tw/handle/92207628734138412327 |
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