The Relationship between Discretionary Accruals and Derivatives～The Business Life Cycles' View
碩士 === 國立臺北大學 === 會計學系 === 96 === According to Taiwan’s Financial Accounting Standards Committee of the Accounting Research and Development Foundation issued Statement No.34, Accounting for the Financial Instruments: Recognition and Measurement, the corporations can adopt different accounting method...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/00728061147034633256 |
| Summary: | 碩士 === 國立臺北大學 === 會計學系 === 96 === According to Taiwan’s Financial Accounting Standards Committee of the Accounting Research and Development Foundation issued Statement No.34, Accounting for the Financial Instruments: Recognition and Measurement, the corporations can adopt different accounting methods under different type of derivative transactions. Our study focuses on the relationship between discretionary accruals and derivatives from business life cycles' view.
The result shows that corporations would do earning management and use financial derivatives in every business life cycle. As for the degree of earning management and using derivatives in the three business life cycles, companies in the growth period would do the highest degree of earning management and use most derivatives, as to companies in the mature period would do less degree of earning management than in the grow period and use the least derivatives. Companies do least degree of earning management in all three life cycles. The discretionary accruals is always positively associated with derivatives in every business life cycles, but it’s not significant in the mature period.
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