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題名 審計委員會的網絡性對盈餘品質的影響
The impact of the audit committee`s network on earnings quality作者 林怡萱
Lin, Yi-Hsuan貢獻者 金成隆
林怡萱
Lin, Yi-Hsuan關鍵詞 審計委員會網絡中心性
盈餘品質
財務報表重編
裁決性應計數
Audit committee`s network centrality
Earnings quality
Restatement of financial statements
Discretionary accruals日期 2019 上傳時間 1-Jul-2019 10:40:22 (UTC+8) 摘要 本研究以國內2013年至2017年上市公司為樣本，以財務報表重編、裁決性應計數作為盈餘品質的代理變數，探討審計委員會網絡中心性對於盈餘品質的影響。研究結果發現審計委員會網絡程度中心性對財務報表重編以及裁決性應計數呈現顯著負相關，故審計委員會網絡程度中心性與盈餘品質是有顯著的正向影響。此外，當樣本扣除金融保險業，亦會有相同的結果；若僅對於2013年至2017年有設立審計委員會的上市公司而言，審計委員會網絡程度中心性僅對裁決性應計數有顯著的負向影響。此外，本文亦探討審計委員會網絡中介中心性對盈餘品質之影響，結果發現審計委員會網絡中介中心性對盈餘品質沒有顯著影響力。
The main objective of this thesis is to examine the association between audit committee`s network and earnings quality. In this study, a well-connected audit committee is referred to as one that is central to the network’s aggregate flow of information and resources. The earnings is proxied by accounting restatement and discretionary accruals (DA), respectively. Using a sample of Taiwanese listed firms from 2013 to 2017, this thesis find that the degree centrality of the audit committee is positively associated with lower accounting restatement likelihood and lower DA, respectively, indicating that the degree centrality of the audit committee has a significant positive impact on earnings quality. Further analyses reveal that the results remain unchanged after exclusion of firms in financial and insurance industries; however, the main findings are the same only for DA when sample observations are restricted to firms with audit committees. Finally, this thesis finds no evidence that there is association between betweenness centrality of the audit committee and earnings quality.參考文獻 王文姣、夏常源、傅代國與何娜，2017，獨立董事網絡、信息雙向傳遞與公司被訴風險，管理科學，第三十卷，第4期：63-82。王占璽，2015，社會網絡分析與中國研究：關係網絡的測量與分析，中國大陸研究，第五十八卷，第2期：23-59。白蕢至，2017，審計委員會、連結性與盈餘品質的關聯性，國立成功大學會計學研究所碩士論文。呂文舒，2017，審計委員會專家類別的組成與盈餘品質之關聯，東海大學會計學系研究所碩士論文。李一萱，2018，財務報表重編與公司治理評鑑及高階經理人與董監事獎酬之關聯性，中原大學會計研究所碩士論文。李秀玲，2011，淺談審計委員會之設置，證券暨期貨月刊，第二十九卷，第6期：26-36。吳旻璁，2013，審計委員會專家與盈餘管理之關聯性，國立中原大學會計研究所碩士論文。林宜勉、呂惠民與盧其群，2010，會計師審計品質與財務報表重編之關聯性，中山管理評論，第十八卷，第2期：407-445。俞子平，2015，董事會結構、董事會網絡關係對企業績效影響之研究，國立高雄應用科技大學企業管理系高階經營管理研究所碩士論文。紀信義、翁慈青與黃馨儀，2016，董事會政治關連與財務報表重編之關係，中山管理評論，第二十四卷，第3期：409-445。胡雅婷，2012，盈餘品質、財務困難與財務報表重編之關聯性，臺中科技大學會計資訊系會計與財稅研究所碩士論文。許永聲與劉政淮，2005，盈餘的資訊品質對盈餘管理行為的影響，管理與系統，第十二卷，第1期：1-22。郭潤宗，2016，設置審計委員會對盈餘宣告資訊內涵影響之探討，國立臺灣大學管理學院會計學研究所碩士論文。陳牡丹，1999，上市公司財務報表重編次數、重編方向與操縱損益盈餘動機之關聯性研究，台中商專學報，第31期，193-214。陳逸仲，2009，審計委員會與資訊透明度、財務報導品質與股價反應之探討，國立成功大學會計學研究所碩士論文。陳瑞斌與許崇源，2007，公司治理結構與資訊揭露之關聯性研究，交大管理學報，第二十七卷，第2期：55-109。黃詩茹，2017，產品市場競爭與財務報表重編之關聯性─兼論公司治理之調節效果，逢甲大學財稅學系研究所碩士論文。湯麗芬、廖秀梅與李建然，2015，董監事暨重要職員責任保險與財務報表重編之關聯性，經濟論文叢刊，第四十三卷，第4期：549-588。葉銀華與林志豪，2014，上市櫃公司要設置審計委員會？審計委員會與盈餘管理之研究，輔仁管理評論，第二十一卷，第3期：1-22。趙昕、許杰與丁黎黎，2018，董事網絡、獨立董事治理與上市公司過度投資行為研究，審計與經濟研究，第1期：69-80。Barkema, H. G., J. H. J. Bell, and J. M. Pennings. 1996. Foreign entry, cultural barriers, and learning. Strategic Management Journal 17 (2): 151-166.Barnes, J. A. 1972. Social Networks. Reading, MA: Addison-Wesley.Battiston S., and M. Catanzaro. 2004. Statistical properties of corporate board and director networks. The European Physical Journal B 38 (2): 345–352.Becker, C., M. Defond, J. Jiambalvo, and K. Subramanyam. 1998. The effect of audit quality on earnings management. Contemporary Accounting Research 15 (1): 1-24.Borgatti, S. P., A. Mehra, D. J. Brass, and G. Labianca. 2009. Network analysis in the social sciences. Science 323 (5916): 892–895.Bronson, S. N., J. V. Carcello, C. W. Hollingsworth, and T. L. Neal. 2009. Are fully independent audit committees really necessary? Journal of Accounting and Public Policy 28 (4): 265–280.Burt, R. S. 2009. Structural holes: The social structure of competition. Cambridge, MA: Harvard University Press.Chiu, P. C., S. H. Teoh, and F. Tian. 2013. Board interlocks and earnings management contagion. The Accounting Review 88 (3): 915-944.Dechow, P., and I. D. Dichev. 2002. The quality of accruals and earnings: The role of accrual estimation errors. The Accounting Review 77 (1): 35-59.Dechow, P. M., R. G. Sloan, and A. P. Sweeney. 1995. Detecting earnings management. The Accounting Review 70 (2): 193-225.Dechow, P., W. Ge, and C. Schrand. 2010. Understanding earnings quality: A review of the proxies, their determinants and their consequences. Journal of Accounting and Economics 50 (2/3): 344-401.DeFond, M. L., and J. Jiambalvo. 1994. Debt covenant violation and manipulation of accruals. Journal of Accounting and Economics 17 (1/2):145-176.Freeman, L. C. 1977. A set of measures of centrality based on betweenness. Sociometry 40 (1): 35-41.Gnyawali, D. R. and R. Madhavan. 2001. Cooperative networks and competitive dynamics: a structural embeddedness perspective. Academy of Management Review 26 (3): 431-445.Goodstein, J., K. Gautam, and W. Beeker. 1994. The effect of board size and diversify on strategic change. Strategic Management Journal 15: 241-250.Graovetter, M. S. 1973. The strength of weak ties. American Journal of Sociology 78 (6): 1360-1380.Hannerman, R. A. 1998. Introduction to social network methods. CA: University of California, Riverside.Hanneman, R. A., and M. Riddle. 2005. Introduction to social network methods, Riverside, CA: University of California, Riverside (published in digital form at http://faculty.ucr.edu/~hanneman/ ).Healy, P. M. 1985. The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics 7 (1/3): 85-107.Hossain, S., G. S. Monroe, M. Wilson, and C. Jubb. 2016. The effect of networked clients’ economic importance on audit quality. Auditing: A Journal of Practice & Theory 35 (4): 79-103.Huang, Z., J. Zhang, Y. Shen, and W. Xie. 2011. Does corporate governance affect restatement of financial reporting? Evidence from China. Nankai Business Review International 2 (3): 289-302.Laumann, E. O., P. V. Marsden, and D. Prensky. 1983. The boundary specification problem in network analysis. In Applied network analysis, edited by Burt R., and M. Minor. Beverly Hills, CA: Sage: 18-34.Larcker, D. F., E. C. So, and C. C. Y. Wang. 2013. Boardroom centrality and firm performance. Journal of Accounting and Economics 55 (2/3): 225-250.Lobo, G. J., and Y. Zhao. 2013. Relation between audit effort and financial report misstatements: Evidence from quarterly and annual restatements. The Accounting Review 88 (4): 1385-1412.Marin A., and B. Wellman. 2011. Social network analysis: An introduction. In The SAGE Handbook of Social Network Analysis, edited by Scott, J., and P. J. Carrington. Los Angeles, CA: Sage: 11-25.Madhogarhia, P., N. K. Sutton, and T. Kohers. 2009. Earnings management practices among growth and value firms. Financial Economics 19 (22): 1767-1778.Pfeffer, T. J. and G. R. Salancik. 1978. The external control of organizations: A resource dependence perspective. New York: Harper and Row.Richardson, S., I. Tuna, and M. Wu. 2002. Predicting earnings management: The case of earnings restatement. Working paper, University of Michigan.Rowley, T. J. 1997. Moving beyond dyadic ties: A network theory of stakeholder influences. Academy of Management Review 22 (4): 887-910.Sweeney, A. P. 1994. Debt covenant violations and managers’ accounting responses. Journal of Accounting and Economics 17 (3): 281-308.Xie, B., W. Davidson, and P. J. DaDalt. 2003. Earnings management and corporate governance: the role of the board and the audit committee. Journal of Corporate Finance 9 (3): 295-316.Zhang J., and Y. Luo. 2017. Degree centrality, betweenness centrality, and closeness centrality in social network. Advances in Intelligent Systems Research 132: 300-303. 描述 碩士
國立政治大學
會計學系
106353002資料來源 http://thesis.lib.nccu.edu.tw/record/#G0106353002 資料類型 thesis dc.contributor.advisor 金成隆 zh_TW dc.contributor.author (Authors) 林怡萱 zh_TW dc.contributor.author (Authors) Lin, Yi-Hsuan en_US dc.creator (作者) 林怡萱 zh_TW dc.creator (作者) Lin, Yi-Hsuan en_US dc.date (日期) 2019 en_US dc.date.accessioned 1-Jul-2019 10:40:22 (UTC+8) - dc.date.available 1-Jul-2019 10:40:22 (UTC+8) - dc.date.issued (上傳時間) 1-Jul-2019 10:40:22 (UTC+8) - dc.identifier (Other Identifiers) G0106353002 en_US dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/124099 - dc.description (描述) 碩士 zh_TW dc.description (描述) 國立政治大學 zh_TW dc.description (描述) 會計學系 zh_TW dc.description (描述) 106353002 zh_TW dc.description.abstract (摘要) 本研究以國內2013年至2017年上市公司為樣本，以財務報表重編、裁決性應計數作為盈餘品質的代理變數，探討審計委員會網絡中心性對於盈餘品質的影響。研究結果發現審計委員會網絡程度中心性對財務報表重編以及裁決性應計數呈現顯著負相關，故審計委員會網絡程度中心性與盈餘品質是有顯著的正向影響。此外，當樣本扣除金融保險業，亦會有相同的結果；若僅對於2013年至2017年有設立審計委員會的上市公司而言，審計委員會網絡程度中心性僅對裁決性應計數有顯著的負向影響。此外，本文亦探討審計委員會網絡中介中心性對盈餘品質之影響，結果發現審計委員會網絡中介中心性對盈餘品質沒有顯著影響力。 zh_TW dc.description.abstract (摘要) The main objective of this thesis is to examine the association between audit committee`s network and earnings quality. In this study, a well-connected audit committee is referred to as one that is central to the network’s aggregate flow of information and resources. The earnings is proxied by accounting restatement and discretionary accruals (DA), respectively. Using a sample of Taiwanese listed firms from 2013 to 2017, this thesis find that the degree centrality of the audit committee is positively associated with lower accounting restatement likelihood and lower DA, respectively, indicating that the degree centrality of the audit committee has a significant positive impact on earnings quality. Further analyses reveal that the results remain unchanged after exclusion of firms in financial and insurance industries; however, the main findings are the same only for DA when sample observations are restricted to firms with audit committees. Finally, this thesis finds no evidence that there is association between betweenness centrality of the audit committee and earnings quality. en_US dc.description.tableofcontents 第一章 緒論 1第一節 研究目的與動機 1第二節 研究問題 4第二章 文獻探討 5第一節 我國審計委員會規範沿革及發展過程 5第二節 審計委員會與盈餘品質 7第三節 社會網絡 9第四節 董事會網絡與審計委員會網絡 10第三章 研究設計 12第一節 研究假說 12第二節 資料來源與選取 15第三節 變數設計 17第四節 模型構建 22第四章 實證結果 23第一節 敘述性統計 23第二節 相關係數分析 24第三節 實證結果分析 25第五章 進一步分析與敏感性分析 28第一節 進一步分析 28第二節 敏感性分析 32第六章 結論與意見 36第一節 研究結論 36第二節 研究貢獻 38第三節 研究限制 39第四節 研究建議 40附錄一 41附錄二 43參考文獻 55 zh_TW dc.format.extent 822402 bytes - dc.format.mimetype application/pdf - dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0106353002 en_US dc.subject (關鍵詞) 審計委員會網絡中心性 zh_TW dc.subject (關鍵詞) 盈餘品質 zh_TW dc.subject (關鍵詞) 財務報表重編 zh_TW dc.subject (關鍵詞) 裁決性應計數 zh_TW dc.subject (關鍵詞) Audit committee`s network centrality en_US dc.subject (關鍵詞) Earnings quality en_US dc.subject (關鍵詞) Restatement of financial statements en_US dc.subject (關鍵詞) Discretionary accruals en_US dc.title (題名) 審計委員會的網絡性對盈餘品質的影響 zh_TW dc.title (題名) The impact of the audit committee`s network on earnings quality en_US dc.type (資料類型) thesis en_US dc.relation.reference (參考文獻) 王文姣、夏常源、傅代國與何娜，2017，獨立董事網絡、信息雙向傳遞與公司被訴風險，管理科學，第三十卷，第4期：63-82。王占璽，2015，社會網絡分析與中國研究：關係網絡的測量與分析，中國大陸研究，第五十八卷，第2期：23-59。白蕢至，2017，審計委員會、連結性與盈餘品質的關聯性，國立成功大學會計學研究所碩士論文。呂文舒，2017，審計委員會專家類別的組成與盈餘品質之關聯，東海大學會計學系研究所碩士論文。李一萱，2018，財務報表重編與公司治理評鑑及高階經理人與董監事獎酬之關聯性，中原大學會計研究所碩士論文。李秀玲，2011，淺談審計委員會之設置，證券暨期貨月刊，第二十九卷，第6期：26-36。吳旻璁，2013，審計委員會專家與盈餘管理之關聯性，國立中原大學會計研究所碩士論文。林宜勉、呂惠民與盧其群，2010，會計師審計品質與財務報表重編之關聯性，中山管理評論，第十八卷，第2期：407-445。俞子平，2015，董事會結構、董事會網絡關係對企業績效影響之研究，國立高雄應用科技大學企業管理系高階經營管理研究所碩士論文。紀信義、翁慈青與黃馨儀，2016，董事會政治關連與財務報表重編之關係，中山管理評論，第二十四卷，第3期：409-445。胡雅婷，2012，盈餘品質、財務困難與財務報表重編之關聯性，臺中科技大學會計資訊系會計與財稅研究所碩士論文。許永聲與劉政淮，2005，盈餘的資訊品質對盈餘管理行為的影響，管理與系統，第十二卷，第1期：1-22。郭潤宗，2016，設置審計委員會對盈餘宣告資訊內涵影響之探討，國立臺灣大學管理學院會計學研究所碩士論文。陳牡丹，1999，上市公司財務報表重編次數、重編方向與操縱損益盈餘動機之關聯性研究，台中商專學報，第31期，193-214。陳逸仲，2009，審計委員會與資訊透明度、財務報導品質與股價反應之探討，國立成功大學會計學研究所碩士論文。陳瑞斌與許崇源，2007，公司治理結構與資訊揭露之關聯性研究，交大管理學報，第二十七卷，第2期：55-109。黃詩茹，2017，產品市場競爭與財務報表重編之關聯性─兼論公司治理之調節效果，逢甲大學財稅學系研究所碩士論文。湯麗芬、廖秀梅與李建然，2015，董監事暨重要職員責任保險與財務報表重編之關聯性，經濟論文叢刊，第四十三卷，第4期：549-588。葉銀華與林志豪，2014，上市櫃公司要設置審計委員會？審計委員會與盈餘管理之研究，輔仁管理評論，第二十一卷，第3期：1-22。趙昕、許杰與丁黎黎，2018，董事網絡、獨立董事治理與上市公司過度投資行為研究，審計與經濟研究，第1期：69-80。Barkema, H. G., J. H. J. Bell, and J. M. Pennings. 1996. Foreign entry, cultural barriers, and learning. Strategic Management Journal 17 (2): 151-166.Barnes, J. A. 1972. Social Networks. Reading, MA: Addison-Wesley.Battiston S., and M. Catanzaro. 2004. Statistical properties of corporate board and director networks. The European Physical Journal B 38 (2): 345–352.Becker, C., M. Defond, J. Jiambalvo, and K. Subramanyam. 1998. The effect of audit quality on earnings management. Contemporary Accounting Research 15 (1): 1-24.Borgatti, S. P., A. Mehra, D. J. Brass, and G. Labianca. 2009. Network analysis in the social sciences. Science 323 (5916): 892–895.Bronson, S. N., J. V. Carcello, C. W. Hollingsworth, and T. L. Neal. 2009. Are fully independent audit committees really necessary? Journal of Accounting and Public Policy 28 (4): 265–280.Burt, R. S. 2009. Structural holes: The social structure of competition. Cambridge, MA: Harvard University Press.Chiu, P. C., S. H. Teoh, and F. Tian. 2013. 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