稽核政策與防治污染投資決策之研究

• Main Author: 李建成
• Other Authors: 郭瑞基
• Format: Others
• Language: zh-TW
• Published: 2003
• Online Access: http://ndltd.ncl.edu.tw/handle/15482325026578972368

碩士 === 中國文化大學 === 會計研究所 === 91 === Environmental concepts are more popular now. Many firms increasingly focus on environmental investment. There are many incentives for firms to make an environ-mental investment decision, including regulatory factors and non-regulatory factors. In Taiwan, the environmental concepts are not popular enough, so the non-regulatory fac-tors are less important than regulatory factors. The research focuses on the regulatory factors, such as the interaction between the regulator’s auditing policy and the firm’s investment decision. By making some simple assumptions, the author sets up a model of the interaction between a firm and a regulator. At the beginning, the firm makes the decision of the level of environmental investment. In the nature situation, the firm will face high pro-duction level and the low production level that would affect the level of pollution. Then the regulator made the decision of auditing. Finally, the firm made the decision of cleanup as knowing the regulator’s decision of auditing. Under these assumptions, we can achieve some conclusions. The regulator’s auditing decision will be affected by social pollution cost and auditing cost. When auditing cost is very high, the firms will not cleanup the pollution and will make a decision of low level environmental investment because they expect that the regulator would not audit anymore. Except for the situation of very low level auditing cost, the regulator prefers the firm to make a decision of high level environmental investment. The regulator can affect the firm’s decision of environmental investment through changing some variables in our model.