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https://ah.lib.nccu.edu.tw/handle/140.119/98651| 題名: | IPO審查階段的公司盈餘管理初探：以中國大陸之國營企業及民營企業之比較為例 A comparative analysis of pre-IPO earnings management between SOE and NSOE in China |
作者: | Miura, Takashi | 貢獻者: | 王信實<br>李文傑 Wang, Shinn Shyr<br>Lee, Wen Chieh Takashi Miura |
關鍵詞: | Earnings management State-owned enterprise Non-state-owned enterprise IPO market Property plant and equipment Long –term debt Account receivable Long –term debt |
日期: | 2016 | 上傳時間: | 1-Jul-2016 | 摘要: | This study investigates an appropriate accrual-based model in detecting earnings management (EM) of Chinese firms undergoing initial public offering (IPO) process. The mainstream literatures show that state-owned enterprise (SOE) has involved with less earnings management (EM) than non-state-owned enterprise (NSOE) in pre-IPO market from 2003 to 2009. The reason is that SOE could borrow money from bank, compared to NSOE. However, SOE has been proven to conduct stronger EMs in pre-IPO market during 2011 to 2013 by manipulating with property plant and equipment (PPE), the flows of account receivable (AR) and long-term debt (LTD). Besides, I also suggest a new accrual-based model that could better fit into the unique features of Chinese firms in their process of IPO application. | 參考文獻: | [1] Klein, L. R. (1962). An introduction to econometrics.* Prentice-Hall. New Jersey, 280p, 62-64. \n[2] DeFond, M. L., & Jiambalvo, J. (1994). 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資料來源: | http://thesis.lib.nccu.edu.tw/record/#G0103258042 | 資料類型: | thesis |
| Appears in Collections: | 學位論文 |
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