The Research on Corporate Value and the Development of Financial Reporting

• Main Authors: Meng-Hsi, Chang, 張孟喜
• Other Authors: Fu-jing, Shiue, Ph.D.
• Format: Others
• Language: zh-TW
• Published: 2002
• Online Access: http://ndltd.ncl.edu.tw/handle/86008416179137781396

碩士 === 國立臺北大學 === 會計學系 === 90 === Financial statements have been the most important tools management uses to communicate with the market all the time. But with the change of economics, the importance of intangible assets increase recently. And it seems that traditional financial reporting fails to address the important value drivers in the New Economy. To illustrate and examine the relationship of corporate value and the development of financial reporting, This study mainly employs literature investigation and case study as the main research tools. The research results are as follows: 1.Because of the change of economics, companies should provide more forward-looking and non-financial information to help users’ decision making. 2.The impacts of the New Economy on the Accounting academics and practices include both external financial reporting and internal management reporting, which implies the possibility that the two reporting systems could be brought together in the long run. 3.Since the essence, amounts, and frequencies of the reporting on the internet have been changed, it’s important for companies to reconsider the relevance and credibility of the internet reporting. 4.Finally, in order to help companies address valuereporting and enhance the role of accounting information, it’s worthwhile for accounting firms to readjust and broaden its service extent.