| Summary: | 碩士 === 中原大學 === 會計研究所 === 95 === In order to comply with the international trend and to increase the informativeness of financial statements, Taiwan’s Financial Accounting Standard Committee of the Accounting Research and Development Foundation issued SFAS No.35, “Accounting for Asset Impairments,” in July 2004. This research explores economic factors, earnings management incentives and corporate governance as influence factors for write-down of impaired assets of electronic industry. Frist we study the determinants of reporting asset impairments for electronic industry. Second we distinguish the elements that affect the reporting sequences of electronic companies. Finally we study the differences between companies adopting SFAS No. 35 earlier and those adopting later.
Empirical results reveal that electronic companies reporting asset impairments are mainly affected by economic factor. Besides, our study finds that electronic industry practices a smoothing earnings management for reporting asset impairments. Additionally, electronic companies with better corporate governance have higher motivation of reporting asset impairments. We also find that economic factors, earnings management and corporate governance would have different effects on the reporting sequences of electronic companies. Finally, early adopters are more associated with ecomonic factor than late adopters.
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