公司名稱不僅僅是識別的代號，還具有深切的意義存在，且更名還需花費很大的成本、面對原有客戶流失的風險，故企業更名背後的真正涵義是值得深入探討的。
本研究旨在探討在CRSP有更名紀錄之美國上市公司，是否會透過實質交易或裁決性應計之方式進行盈餘管理。除了比較更名前後盈餘管理程度之差異，同時也以更名公司為實驗組，並選取未更名公司作為對照組，檢測在更名後，更名公司與未更名公司之盈餘管理程度是否有顯著差異。另外，為額外分析不同類型的更名原因，是否會採取不同的盈餘管理方式，依不同標準選取以下二類之更名公司：第一類為因業務範圍改變而更名；第二類為無原因之更名。
實證結果發現，更名公司在更名後，比起更名前及未更名公司，可能有以操縱銷貨來壓低現金流量、透過過量生產以降低銷貨成本的實質交易行為，進行裁決性應計項目之盈餘管理也較為嚴重。額外分析不同原因的更名公司之實證結果則發現，無原因之更名公司在更名後，進行實質交易之情形較業務範圍改變之更名公司嚴重。 / This study investigates the impact of corporate name changes on earnings management. We examine earnings management behavior in the period leading to the passage of name change effective year and in the period following the passage of name change effective year, focusing on both real earnings management and accrual-based earnings management. To make further investigations, we conduct analysis of firms that change name because of broader or narrower focus the firm’s scope of business versus firms that change name with no reason.
The empirical results show that name change firms use more accruals and real earnings management after name changes when compared to similar firms. Furthermore, we also find that firms change name with no reason tend to adopt real earnings management when compared to the firms that change name because of broader or narrow focus.
| Identifer | oai:union.ndltd.org:CHENGCHI/G0097353026 |
| Creators | 江永鈺 |
| Publisher | 國立政治大學 |
| Source Sets | National Chengchi University Libraries |
| Language | 中文 |
| Detected Language | English |
| Type | text |
| Rights | Copyright © nccu library on behalf of the copyright holders |
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