The Effect of Outside Blockholders and Premanaged Earnings Shortage on Earnings Management

• Main Authors: Yang-Ping Fan, 范揚平
• Other Authors: Chung-Chu Chuang
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/95926364346220599244

碩士 === 真理大學 === 管理科學研究所 === 96 === The research focuses on the companies listed on SEC and OTC from year 2001 to 2006. The effects of outside blockholders and premanaged earnings shortage on earnings management is investigated by multiple regression model. The results show that the ratio of outside blockholders and institution outside blockholders have significantly negative effects on the discretionary accruals and the discretionary working capital accruals, but the holding ratio of natural outside stockholders have not. Premanaged earnings shortage have significant effect on the discretionary current accruals, however, and have not significantly effect on the discretionary working capital accruals as well. The conclusions may provide a conference for the government policy-makers, investors and corporation managements.