The main purpose of this study is to find out the relationship between the characteristics of board composition and earnings management. It is a case study of steel industry and telecommunications industry ,which have state-owned enterprises after privatization. From the perspective of earnings management, the Modified Jones Model is used for the detection of earnings management ,and the period of the study samples is from 2005 to 2007. There are six independent variables .They are the proportion of shareholding directors and supervisors, the pledged share ratio of directors and supervisors , the proportion of shareholding foreign investors, the proportion of shareholding government, the number of independent directors and the if the board has set the labor director or not. SPSS statistical software is used to do empirical analysis.
The empirical results of this study shows that there is significant positively correlated between the proportion of shareholding directors and supervisors and earnings management ; there is significant negatively correlated between the proportion of shareholding foreign investors and earnings management ; there is significant negatively correlated between the proportion of shareholding government and earnings management. Above all , part of the variables of characteristics of board composition in this study are not significantly affected earnings management , resulting in some of the hypotheses do not hold .Thus, this study suggests that the concept of corporate governance in Taiwan is not already universal yet in the study samples, and Taiwan's independent directors just set up in the beginning stages of implementation. Besides, the labor director only interest in the labor rights issues, not in earnings management issues , and also they do not have the ability to judge them.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0701111-194808 |
| Date | 01 July 2011 |
| Creators | Chou, Pei-chun |
| Contributors | Cher-Min Fong, Pei-how Huang, Cher-hong Tseng |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0701111-194808 |
| Rights | not_available, Copyright information available at source archive |
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