There is international trend for the enterprises to develop to business groups. There are more and more large-sized or medium-sized business groups in Taiwan. However, the groups¡¦ diversification strategies often result in high risks. Especially the unrelated diversification. The Management has a motivation to do the earnings management when dealing with the non-core business. If the earnings quality is manipulated by the management, it will cause the investors to ignore the risk which diversification strategy will bring.
So far, there is no research about the the impact of earnings management on medium-sized business group. The purpose of this research is to examine whether medium-sized business groups¡¦ management has a motivation to make earnings management.
The results show that¡G
1. There are no direct relationships between related diversification, unrelated diversification and earnings management. It is considered that medium-sized group business probably be family enterprises with centralized shareholding. The management doesn¡¦t have strong intention to make earnings management.
2. Debt/Equity has positive correlation on earnings management. The creditor often has restriction to minimum working capital and highest-level liability ratio of the borrower. The management has a motivation to choose appropriate accounting principle to correspond with the each given financial ratio.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0730112-155201 |
| Date | 30 July 2012 |
| Creators | Wang, Chih-te |
| Contributors | Cher-Hong Tseng, Pei-how Huang, Cher-Min Fong |
| 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-0730112-155201 |
| Rights | user_define, Copyright information available at source archive |
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