The Relationship among Political Connection, Family Firms and Earnings Quality

• Main Authors: Cian-Kun Hsu, 徐乾堃
• Other Authors: 劉政淮
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/924r44

碩士 === 國立臺中科技大學 === 會計資訊系碩士班 === 103 === 　　This study investigates the impacts of directors’ and supervisors’ political connections and family firms on earnings quality for publicly listed firms in Taiwan for the period from 1996 to 2013. By using income smoothing and earnings response coefficients to proxy for earnings quality, this study aims to examine the role of political connections and family firms on the quality of firms’ earnings reporting. The empirical results show that there is a significantly positive association between independent directors’ and supervisors’ political connections and income smoothing and a significantly negative association between independent directors’ and supervisors’ political connections and earnings response coefficients. However, there is no significant association between non-independent directors’ and supervisors’ political connections and earnings quality. Besides, there is no significant association between directors’ and supervisors’ political connections and earnings quality for family firms.