| dc.contributor.advisor | 林美花 | zh_TW |
| dc.contributor.author (Authors) | 張窈菱 | zh_TW |
| dc.creator (作者) | 張窈菱 | zh_TW |
| dc.date (日期) | 2004 | en_US |
| dc.date.accessioned | 11-Sep-2009 17:20:06 (UTC+8) | - |
| dc.date.available | 11-Sep-2009 17:20:06 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Sep-2009 17:20:06 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0091353006 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/30143 | - |
| 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) | 91353006 | zh_TW |
| dc.description (描述) | 93 | zh_TW |
| dc.description.abstract (摘要) | 本文旨在檢視股東會年報之資訊揭露是否具有預測價值，分別以年報資訊數量及品質二者與分析師盈餘預測誤差及分歧程度之關係探討之。研究結果顯示，年報揭露之資訊數量與資訊品質愈高，分析師盈餘預測誤差愈低，足見我國年報內容有助於提升分析師預測準確度。就年報揭露程度與分析師盈餘預測分歧程度之關聯性而言，本研究發現，年報資訊揭露數量愈多，分析師預測分歧性愈低；然本研究並未能證實，年報資訊揭露品質與分析師預測分歧性具有顯著的反向關係。換言之，資訊數量與預測分歧性具有較強的負向關聯性，而資訊品質則否。前述研究結果顯示，公司增加年報揭露項目，有助於提升各分析師對未來盈餘預測的共識，然經考量揭露內容的品質之後，其對預測分歧性的影響則較不明顯。推論原因，可能係年報揭露內容不足，使得分析師進行預測時尚須蒐集額外資訊以為彌補，以致降低年報揭露對預測分歧性的影響。 | zh_TW |
| dc.description.tableofcontents | 第一章 緒論………………………………..…………………………………………1 第一節 研究動機與目的…………………..………………………………………1 第二節 研究貢獻………………………………………..…………………………6 第三節 研究問題……………………………………………………..……………7 第四節 論文架構…………………………………………………………………..8 第五節 研究流程…………………………………………………………………..9 第二章 文獻回顧…………………………………………………..………………..10 第一節 分析師盈餘預測……………………………………………..…………..10 第二節 揭露水準衡量……………………….…………………………………...17 第三章 研究方法………………………………….………………………………...26 第一節 研究架構…………………………………………………………………26 第二節 研究假說……………………………………….………………………...27 第三節 樣本選取與資料來源…………………………….……………………...30 第四節 變數定義與衡量……………………………..…………………………..35 第五節 資料分析方法………………………….………………………………...49 第四章 實證結果與分析……………………………………….…………………...53 第一節 敘述性統計分析………………………………………………….……...53 第二節 相關係數分析……………………………………………........................77 第三節 複迴歸分析………………………………………………........................81 第五章 研究結論與建議……………………………………………......................100 第一節 研究結論…………………………………………………......................100 第二節 研究限制………………………………………………………………..103 第三節 研究建議…………………………………………………......................104 附錄一 揭露索引表………………………………………………………………105 附錄二 資訊品質評估……………………………………………………………107 附錄三 敏感度分析(一)…….……………………………………………………112 附錄四 敏感度分析(二)………………………………………………………….136 參考文獻…………………………………………………………..………………..149 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0091353006 | en_US |
| dc.subject (關鍵詞) | 年報揭露 | zh_TW |
| dc.subject (關鍵詞) | 分析師盈餘預測 | zh_TW |
| dc.subject (關鍵詞) | 預測誤差 | zh_TW |
| dc.subject (關鍵詞) | 預測分歧性 | zh_TW |
| dc.title (題名) | 年報揭露程度與分析師盈餘預測關係之研究 | zh_TW |
| dc.type (資料類型) | thesis | en |
| dc.relation.reference (參考文獻) | 沈宜慶，2002，企業資訊透明度與債券發行資金成本關係之實證研究，淡江大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 李秀玲，1996，部門別資訊揭露對財務分析師盈餘預測準確性影響之實證研究，國立成功大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 吳建輝，2000，券商分析師盈餘預測之績效評估，國立台北大學會計系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 邱碧珠，2000，資訊揭露程度與權益資金成本之關係：我國資訊電子業之研究，國立台灣大學會計系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 金志遠，2000，董事會特性與年報自願性揭露關係之研究，國立政治大學會計系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 陳美娟，1997，年報自願性揭露水準與公司特徵之關聯性研究，國立政治大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 陳俊宏，1997，部門別資訊揭露對財務分析師盈餘預測影響之實證研究，國立成功大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 莊尚志，2003，資訊揭露程度與資金成本關係之實證研究，東吳大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 黃韻嵐，2003，無形資產與券商分析師盈餘預測不確定性及加總利益之關係，淡江大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 劉尹玉，2003，企業自願性非盈餘資訊揭露對分析師預測行為之影響，淡江大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 賴淑娟，1993，部門別盈餘揭露對財務分析師盈餘預測能力影響之實證研究，國立台灣大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 蘇正輝，2003，法人說明會對分析師預測之影響，國立中正大學會計系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | AIMR Corporate Disclosure Survey. A report to AIMR. St. Louis, MO： Fleishman-Hillard Research, 2000 | zh_TW |
| dc.relation.reference (參考文獻) | Alford, A. W., and P. G. Berger. 1999. A simultaneous equations analysis of forecast accuracy, analyst following, and trading volume. Journal of Accounting, Auditing & Finance：219-246 | zh_TW |
| dc.relation.reference (參考文獻) | American Institute of Certified Public Accountants (AICPA). 1994. Improving business reporting—A customer focus：A comprehensive report of the Special Committee on Financial Reporting. New York, NY：AICPA. | zh_TW |
| dc.relation.reference (參考文獻) | Amihud, Y., and H. Mendelson. 1986. Asset pricing and the bid-ask spread. Journal of financial Economics 17：223-249 | zh_TW |
| dc.relation.reference (參考文獻) | Bagehot, W. 1971. The only game in town. Financial Analysts Journal 22：12-14. | zh_TW |
| dc.relation.reference (參考文獻) | Barrert, M. E. 1976. Financial reporting practices：disclosure and comprehensiveness in an international comparison. Journal of Accounting Research 14：10-26 | zh_TW |
| dc.relation.reference (參考文獻) | Barron, O. E., C. O. Kile, and T. B. O’Keefe. 1999. MD&A quality as measured by the SEC and analysts’ earnings forecasts. Contemporary Accounting Research 16(Spring): 75-109. | zh_TW |
| dc.relation.reference (參考文獻) | Botosan, C.A. 1997. Disclosure level and the cost of equity capital. The Accounting Review (July): 323-349. | zh_TW |
| dc.relation.reference (參考文獻) | Canadian Institute of Chartered Accountants. 1991. Information to be included in the annual report to shareholders. Toronto, Ontario：CICA. | zh_TW |
| dc.relation.reference (參考文獻) | Chang, J. J., T. Khanna, and K. G. Palepu. 2000. Analyst activity around the world. Working Paper, Harvard University. | zh_TW |
| dc.relation.reference (參考文獻) | Chang, L. S., and K. S. Most. 1985. The perceived usefulness of financial statements for investors’ decisions. Gainesville：University Presses of Florida | zh_TW |
| dc.relation.reference (參考文獻) | Clarkson, P. M., J. L. Kao, and G.D. Richardson, 1999. Evidence that MD&A is a part of a firm’s overall disclosure package. Contemporary Accounting Research 16 (Spring)：111-134 | zh_TW |
| dc.relation.reference (參考文獻) | Choi, F. 1973 Financial disclosure and entry to the european capital market. Journal of Accounting Research 11(Autumn)：159-175 | zh_TW |
| dc.relation.reference (參考文獻) | Cooke, T. E. 1989. Voluntary disclosure by Swedish companies. Journal of International financial Management and Accounting 1：1-25. | zh_TW |
| dc.relation.reference (參考文獻) | Cooke, T. E. 1991 An assessment of voluntary disclosure in the annual reports of Japanese companies. The International Journal of Accounting 26：174-189. | zh_TW |
| dc.relation.reference (參考文獻) | Diamond, D. W. and R. E. Verrecchia. 1991. Disclosure, liquidity, and the cost of capital. Journal of Finance 66(September)：1325-1355. | zh_TW |
| dc.relation.reference (參考文獻) | Eng, L. L., and H. K. Teo. 2000. The relation between annual report disclosures, analysts’ earnings forecasts and analyst following：Evidence from Singapore. Pacific Accounting Review 11：219-239. | zh_TW |
| dc.relation.reference (參考文獻) | Edvinsson, L. and M. S. Malone, 1997. Intellectual Capital: Realizing Your Company`s True Value by Finding Its Hidden Brainpower. Harper Collin Publishers | zh_TW |
| dc.relation.reference (參考文獻) | Firth, M. 1979 The impact of size, stock market listing, and auditors on voluntary disclosure in corporate annual reports. Accounting and Business Research 9(Autumn)：273-280 | zh_TW |
| dc.relation.reference (參考文獻) | Han, B. H. and D. Manry. 2000. The implications of dispersion in analysts’ earnings forecasts for future ROE and future returns. Journal of Business, Finance & Accounting 27：99-125 | zh_TW |
| dc.relation.reference (參考文獻) | Healy, P. M., A. P. Hutton., and K. G. Palepu. 1999. Stock performance and intermediation changes surrounding sustained increases in disclosure. Contemporary Accounting Research 16: 485-520 | zh_TW |
| dc.relation.reference (參考文獻) | Ho, S. S. M., and K. S. Wong. 1999. A study of the relationship between corporate governance structures and the extent of voluntary disclosures. Unpublished Conference Paper, AAA/TAA Globalization Conference, Taiwan. | zh_TW |
| dc.relation.reference (參考文獻) | Holland, J. 1998. Private disclosure and financial reporting. Accounting and Business Research 28：255-269 | zh_TW |
| dc.relation.reference (參考文獻) | Hooks, J., C. David. and H. Davey. 2002. The information gap in annual reports. Accounting, Auditing & Accountability Journal 15: 501-522. | zh_TW |
| dc.relation.reference (參考文獻) | Hope, Ole-Kristian. 2003a. Accounting policy disclosures and analysts’ forecasts. Contemporary Accounting Research 20: 295-321 | zh_TW |
| dc.relation.reference (參考文獻) | Hope, Ole-Kristian. 2003b. Disclosure practices, enforcement of accounting standards, and analysts’ forecast accuracy: An international study. Journal of Accounting Research 41(May): 235-272 | zh_TW |
| dc.relation.reference (參考文獻) | Hossain, M. M., H. B. Perera, and A. R. Rahman. 1995. Voluntary disclosure in the annual reports of New Zealand companies. Journal of International Financial Management and Accounting 6：69-85 | zh_TW |
| dc.relation.reference (參考文獻) | Jensen, M. C., and W. H. Meckling. 1976. Theory of the firm:managerial behavior, agency costs and ownership structure. Journal of financial Economics 3：305-360. | zh_TW |
| dc.relation.reference (參考文獻) | King, R., G. Pownall, and G. Waymire. 1990. Expectations adjustments via timly management forecasts： Review, synthesis, and suggestions for future research. Journal of Accounting Literature 9：113-144 | zh_TW |
| dc.relation.reference (參考文獻) | Knutson, P. 1993. Financial reporting in the 1990’s and beyond. Charlottesville, VA. NY： Association for Investment Management and Research. | zh_TW |
| dc.relation.reference (參考文獻) | Lang, M. H., and R. J. Lundholm. 1996. Corporate disclosure policy and analyst behavior. The Accounting Review 71(October): 467-492 | zh_TW |
| dc.relation.reference (參考文獻) | Lang, M. H., K. V. Lins, and D. P. Miller. 2003. ADRs, analysts, and accuracy: Does cross listing in the United States improve a firm’s information environment and information environment and increase market value? Journal of Accounting Research 41(May)：317-345 | zh_TW |
| dc.relation.reference (參考文獻) | Leuz, C., and R. E. Verrecchia. 2000 The economic consequences of increased disclosure. Journal of Accounting Research 38(Supplement): 91-124 | zh_TW |
| dc.relation.reference (參考文獻) | Lys, T., and L. Soo. 1995. Analysts’ forecast precision as a response to competition. Journal of Accounting, Auditing and Finance 10：751-765 | zh_TW |
| dc.relation.reference (參考文獻) | Marston, C. L., and P. J. Shrives. 1991. The use of disclosure indices in accounting research： a review article. British Accounting Review 23：195-210 | zh_TW |
| dc.relation.reference (參考文獻) | Meek, G.K., C.B. Roberts, and S.J. Gray. 1995. Factors influencing voluntary annual report disclosure by U.S., U.K. and continental European multinational corporations. Journal of International Business Studies 26: 555-572. | zh_TW |
| dc.relation.reference (參考文獻) | Moyes, G. D., K. Park., A. M. Wang, and P. A. Williams. 1997. Factors affecting an analyst forecast revision—Taiwan and the United States： a comparison. The International Journal of Accounting 32：63-77 | zh_TW |
| dc.relation.reference (參考文獻) | O’Brien, P. C. 1988. Analysts’ forecasts as earnings expectations. Journal of Accounting and Economics 10：53-83 | zh_TW |
| dc.relation.reference (參考文獻) | Posnikoff, J. F. 1997. Disinvestment from South Africa：They did well by doing good. Contemporary Economy Policy 15：76-86. | zh_TW |
| dc.relation.reference (參考文獻) | Rezaee, Z., and G. L. Porter. 1993. Can the annual report be improved? Review of Business 15：38-41. | zh_TW |
| dc.relation.reference (參考文獻) | Schipper, K. 1991. Commentary on analysts’ forecasts. Accounting Horizon (5): 105-121 | zh_TW |
| dc.relation.reference (參考文獻) | Sengupta, P. 1998. Corporate disclosure quality and the cost of debt. The Accounting Review 73 (October)：459-474. | zh_TW |
| dc.relation.reference (參考文獻) | SRI International Survey. 1987. Investor information needs and the annual report. Morristown, NJ：FERF. | zh_TW |
| dc.relation.reference (參考文獻) | Thomas, A., and G.R. Williams. 1991. A strategy to provide retirement benefits for international transferees in a global company. Benefits & Compensation International (October)：2-7. | zh_TW |
| dc.relation.reference (參考文獻) | Welker, Michael., 1995. Disclosure policy, information asymmetry, and liquidity in equity markets. Contemporary Accounting Research 11 (Spring): 801-827. | zh_TW |
| dc.relation.reference (參考文獻) | Wright, P. and S. Ferris. 1997. Agency conflict and corporate strategy：The effect of divestment on corporate value. Strategic Management Journal 18：77-83. | zh_TW |
| dc.relation.reference (參考文獻) | Vergoossen, R. G. A., 1993. The use of perceived importance of annual reports by investment analysis in the Netherlands. European Accounting Review 23：219-244. | zh_TW |
