Corporate Governance and Earnings Management
Date Issued
2004
Date
2004
Author(s)
Sang, Wei-wen
DOI
en-US
Abstract
In this study we use three controlling proxies as the power to control a firm：CR (cash flow right), bias A (voting right minus cash flow right) and bias B( percentage in board of directors the ultimate controlling shareholder occupied minus cash flow right) to test the relation between corporate governance and earnings management in Taiwan. We find that among three of the controlling proxies, only Bias B has consistent result. After dealing with Bias A by ranking, we can also find significantly positive relation. But CR is not significant in all conditions. Therefore we can conclude that, first, firms with larger bias B tend to have higher earnings management. Second, in Taiwan, bias B is more effective than bias A and cash flow right in detecting possible earnings management.
Subjects
盈餘管理
公司治理
Earnings management
Corporate governance
Type
thesis
File(s)![Thumbnail Image]()
Loading...
Name
ntu-93-R91723033-1.pdf
Size
23.31 KB
Format
Adobe PDF
Checksum
(MD5):3f476c757e3bac78cb6e34f630de4dda