Stability of institutional ownership and earnings management around convertible bond issuance

碩士 === 國立高雄第一科技大學 === 金融研究所 === 99 === This paper investigates earnings management prior to convertible bond issuance and the impact of institutional ownership stability on earnings management around convertible bond issuance. The result shows that firms increase discretionary accruals around conver...

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Bibliographic Details
Main Authors:	Pei-Ching Hong, 洪佩青
Other Authors:	Horace Chueh
Format:	Others
Language:	zh-TW
Published:	2011
Online Access:	http://ndltd.ncl.edu.tw/handle/70859176492866210121

id	ndltd-TW-099NKIT5214030
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spelling	ndltd-TW-099NKIT52140302016-04-11T04:22:09Z http://ndltd.ncl.edu.tw/handle/70859176492866210121 Stability of institutional ownership and earnings management around convertible bond issuance 機構投資人持股穩定性與可轉換公司債發行之盈餘管理 Pei-Ching Hong 洪佩青碩士國立高雄第一科技大學金融研究所 99 This paper investigates earnings management prior to convertible bond issuance and the impact of institutional ownership stability on earnings management around convertible bond issuance. The result shows that firms increase discretionary accruals around convertible bond issuance. However, there is no evident relationship between the stability of institutional shareholdings and around convertible bond issuance. In addition, we find that some variables of firm characteristics, including firm size, financial leverage, managerial ownership, growth opportunity, and firm risk, affect the degree of earnings management. Horace Chueh 闕河士 2011 學位論文 ; thesis 63 zh-TW
collection	NDLTD
language	zh-TW
format	Others
sources	NDLTD
description	碩士 === 國立高雄第一科技大學 === 金融研究所 === 99 === This paper investigates earnings management prior to convertible bond issuance and the impact of institutional ownership stability on earnings management around convertible bond issuance. The result shows that firms increase discretionary accruals around convertible bond issuance. However, there is no evident relationship between the stability of institutional shareholdings and around convertible bond issuance. In addition, we find that some variables of firm characteristics, including firm size, financial leverage, managerial ownership, growth opportunity, and firm risk, affect the degree of earnings management.
author2	Horace Chueh
author_facet	Horace Chueh Pei-Ching Hong 洪佩青
author	Pei-Ching Hong 洪佩青
spellingShingle	Pei-Ching Hong 洪佩青 Stability of institutional ownership and earnings management around convertible bond issuance
author_sort	Pei-Ching Hong
title	Stability of institutional ownership and earnings management around convertible bond issuance
title_short	Stability of institutional ownership and earnings management around convertible bond issuance
title_full	Stability of institutional ownership and earnings management around convertible bond issuance
title_fullStr	Stability of institutional ownership and earnings management around convertible bond issuance
title_full_unstemmed	Stability of institutional ownership and earnings management around convertible bond issuance
title_sort	stability of institutional ownership and earnings management around convertible bond issuance
publishDate	2011
url	http://ndltd.ncl.edu.tw/handle/70859176492866210121
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Stability of institutional ownership and earnings management around convertible bond issuance

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