Corporate Social responsibility and Non-GAAP earnings

• Main Authors: Yi-TingWang, 王薏婷
• Other Authors: Chaur-Shiuh Yang
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/t3ef48

碩士 === 國立成功大學 === 會計學系 === 106 === The aim of this study is to use the quality of non-GAAP earnings as a proxy variable of earnings management to determine the relationship between corporate social responsibility performance and earnings management. Based on a study of companies listed in KLD database from the years 1997 to 2008 and the non-GAAP earnings collected from various company reports, empirical results reveals that companies usually choose expense accounts as exclusion items when they are preparing non-GAAP earnings financial statements. However, the relationship between corporate social responsibility performance and the earnings quality of non-GAAP earnings is negative and significant. This indicates that corporate social responsibility activities may be viewed as an opportunistic tool or even a method of window-dressing.