The study of accounting conservative characteristic and behavior of income smoothing in company

• Main Authors: Chien-Hsiang Hung, 洪健翔
• Other Authors: Yu-Hui Su
• Format: Others
• Language: zh-TW
• Online Access: http://ndltd.ncl.edu.tw/handle/69797704409797049402

碩士 === 東吳大學 === 會計學系 === 95 === 　　This study as a view of accounting conservative characteristic, reinspect the behavior of income smoothing in company. The conservatism　is the different confirmation degree of the revenue and expense. The company with higher conservative characteristic will be restricted to enhance earnings by recognizing excess revenue, so they may not be possible to achieve income smoothing. 　　I use the financial information and stock price data of companies listed on the Taiwan Stock Exchange or Gretai Securities Market during 1997-2005 as analysis data. The empirical analysis supports for my predictions. First, the relationship between conservative characteristic and income smoothing is negative. Second, I found the electronics industry has higher conservative characteristic, serious income smoothing, and much more decreasing earnings through recognizing expenses.