| dc.contributor.advisor | 林宛瑩 | zh_TW |
| dc.contributor.author (作者) | 林明德 | zh_TW |
| dc.creator (作者) | 林明德 | zh_TW |
| dc.date (日期) | 2002 | en_US |
| dc.date.accessioned | 18-九月-2009 09:10:18 (UTC+8) | - |
| dc.date.available | 18-九月-2009 09:10:18 (UTC+8) | - |
| dc.date.issued (上傳時間) | 18-九月-2009 09:10:18 (UTC+8) | - |
| dc.identifier (其他 識別碼) | G0903530341 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/34262 | - |
| 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) | 90353034 | zh_TW |
| dc.description (描述) | 91 | zh_TW |
| dc.description.abstract (摘要) | 國內公司已因修法而得以技術、商譽等無形資產作價為資本，加上政府為發展國內知識經濟產業，協助企業增加融資管道，亦將實施無形資產之融資制度，如何公正、客觀而合理的評估無形資產的價值，顯得更加重要。針對國內經濟、產業經營環境，本研究參考並修正Gu and Lev (2001)之無形資產評估方法，推算無形資產盈餘及無形資產價值，首先以橫斷面分析1991年至2002年間上市公司之每股無形資產盈餘與每股淨值對市場價值之攸關性，再分析人力、結構及關係資本等智慧資本趨動因子與無形資產價值之關聯性。此外，本研究亦進一步將產業區分為無形資產密集產業和非無形資產密集產業，深入探討相關研究議題。研究結果發現，每股無形資產盈餘與每股淨值之價值攸關性有增加之現象。就個別變數的股價模式分析，每股無形資產盈餘之增額解釋能力有逐年增加之趨勢。就產業別之實證分析顯示，相對於非無形資產密集產業，無形資產密集產業之無形資產盈餘資訊對投資大眾較具有價值攸關性。相對於無形資產密集產業，非無形資產密集產業之帳面權益價值資訊對投資大眾較具價值攸關性。針對無形資產與智慧資本價值動因之關聯性，本研究發現，與研究假說之預期方向一致，無形資產與毎人營收、員工分紅比率(人力資本之代理變數)、研發費用率和權利金及技術費用率(結構資本之代理變數)、營收成長率(關係資本之代理變數)呈顯著正相關，與用人費用率呈負相關。此結果隱喻，智慧資本因素之投入有助於無形價值之形成。進一步將樣本區分為無形資產密集和非無形資產密集產業之實證結果顯示，無形資產密集產業之無形資產價值與人力資本之員工毎人營收、員工分紅比率、結構資本之研發費用率和權利金及技術費用率呈顯著正相關。非無形資產密集產業之無形資產價值則與人力資本之用人費用率(每人營收和員工分紅比率)和關係資本之廣告費用率(銷貨成長率)呈顯著為負(正)之關係。分析結果顯示，無形資產價值之決定因素似與公司是否為無形資產密集之產業性質而有差別，可供國內企業從事無形資產投資活動之參考。 | zh_TW |
| dc.description.tableofcontents | 目 錄目錄---------------------------------------------I圖目錄------------------------------------------II表目錄------------------------------------------II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 第三節 論文架構-----------------------------6第二章 文獻探討----------------------------------7 第一節 無形資產評價模式---------------------7 第二節 財務資訊、無形資產和企業價值之攸關性-9 第三節 智慧資本價值動因--------------------12第三章 研究方法---------------------------------17 第一節 無形資產價值之評估------------------17 第二節 研究假說----------------------------22 第三節 實證模型----------------------------25 第四節 變數設計----------------------------27 第五節 資料來源及樣本選取標準--------------29第四章 實證結果分析-----------------------------31 第一節 無形資產盈餘和帳面價值之價值攸關性--31 第二節 無形資產與智慧資本價值動因之關聯性--41第五章 結論與建議-------------------------------58 第一節 研究結論及貢獻----------------------58 第二節 研究限制----------------------------60 第三節 未來研究建議------------------------60參考文獻----------------------------------------61 | zh_TW |
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| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0903530341 | en_US |
| dc.subject (關鍵詞) | 無形資產盈餘 | zh_TW |
| dc.subject (關鍵詞) | 無形資產價值 | zh_TW |
| dc.subject (關鍵詞) | 智慧資本 | zh_TW |
| dc.title (題名) | 無形資產之價值攸關性與決定因素之探討 | zh_TW |
| dc.type (資料類型) | thesis | en |
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