| dc.contributor.advisor | 金成隆 | zh_TW |
| dc.contributor.author (Authors) | 李慧珍 | zh_TW |
| dc.contributor.author (Authors) | Hui-Chen,Lee | en_US |
| dc.creator (作者) | 李慧珍 | zh_TW |
| dc.creator (作者) | Hui-Chen,Lee | en_US |
| dc.date (日期) | 2006 | en_US |
| dc.date.accessioned | 11-Sep-2009 17:25:32 (UTC+8) | - |
| dc.date.available | 11-Sep-2009 17:25:32 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Sep-2009 17:25:32 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0094353001 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/30191 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 會計研究所 | zh_TW |
| dc.description (描述) | 94353001 | zh_TW |
| dc.description (描述) | 95 | zh_TW |
| dc.description.abstract (摘要) | 分析師扮演著公司與投資大眾之間的資訊中介者角色。本文旨在探討企業研發支出對分析師預測品質的影響，以及企業聘雇屬於產業專家會計師是否能夠緩和研發支出所引發的盈餘管理及代理問題，並進而改善分析師預測品質。本文援引Balsam (2003)之定義，計算會計師事務所於各產業之市場佔有率(auditor industry market share)。作為產業專家之代理變數。實證結果發現：(1)分析師離散性與整合分析師間私有利益的程度，與公司研發費用多寡有關。研發費用愈高的公司，分析師的離散程度及整合分析師間的私有利益也愈高；(2)透過產業專家查核，可以緩和研發費用支出所引發的盈餘操縱及代理問題，因此研究發展費用透過產業專家會計師查核，可以提升企業的會計盈餘資訊品質，以降低分析師盈餘預測的離散程度及降低分析師間整合私有資訊的利益。 | zh_TW |
| dc.description.abstract (摘要) | Analysts, as an informational intermediary, produce research reports that include forecasts of future earnings, thus fulfill an important role in capital market. The objective of this paper is to investigate the association between analyst forecast’s quality and firm’s R&D expenditure. Recent work has hypothesized that intangible assets affect analyst forecast’s quality. Extending this literature, we hypothesized that firm seek to reduce the degree of earnings’ management and agency’s cost from R&D expenditure by retaining high quality auditor firms, auditor industry expertise, and then increase analyst forecast’s quality. We measure auditor industry expertise based on Balsam (2003). We find that more R&D expenditure increases analyst forecast’s dispersion and enhances the benefits of aggregating individual analysts’ forecasts. Consistent with our hypothesis, we document that auditor industry expertise can mitigate the degree of earnings’ management and agency’s cost from R&D expenditure. We also find that firms retaining auditor industry expertise are more likely to enhance the accounting information quality, decrease analyst forecast’s dispersion, and eliminate the benefits of aggregating individual analysts’ forecasts. | en_US |
| dc.description.tableofcontents | 第一章 緒論 1 第一節 研究動機與目的 1 第二節 研究問題 5 第二章 文獻探討 6 第一節 分析師預測與研發費用支出 6 第二節 產業專家會計師事務所與研發費用支出 8 第三章 研究方法 11 第一節 研究假說 11 第二節 實證模型 16 第三節 變數定義與衡量 18 第四節 資料來源與樣本篩選 21 第四章 實證分析與結果 23 第一節 敘述性統計量 23 第二節 相關性檢定 25 第三節 迴歸結果分析 31 第四節 敏感性分析 35 第五章 研究結論與建議 40 第一節 研究結論與貢獻 40 第二節 研究限制與建議 41 參考文獻 42 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0094353001 | en_US |
| dc.subject (關鍵詞) | 分析師預測 | zh_TW |
| dc.subject (關鍵詞) | 研發費用 | zh_TW |
| dc.subject (關鍵詞) | 產業專家 | zh_TW |
| dc.subject (關鍵詞) | Analyst forecast | en_US |
| dc.subject (關鍵詞) | R&D | en_US |
| dc.subject (關鍵詞) | Industry expertise | en_US |
| dc.title (題名) | 研發支出與分析師預測關聯性之研究：產業專精度之影響 | zh_TW |
| dc.type (資料類型) | thesis | en |
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