| Summary: | 碩士 === 朝陽科技大學 === 會計所 === 97 === Our study uses the model of Kothari, Andrew and Wasely(2005), discussing the association between earnings management and operating cash flow. Under considering company''s different characteristics, further discussing the association between the return on equity and earnings management.
Our empirical results show that (1) operating cash flow and earnings management of a significant negative relationship, when the operating cash flow enterprises lower management more likely to engage in upward earnings management behavior, when the lower operating cash flow will increase when more management to engage in earnings management behavior motivation; (2) the higher the return on equity, the management will be inclined upward earnings management. And disassemble the return on equity with Du Pont analysis, discussing the influence between operating cash flow and earnings management under considering the return on assets, net income ratio, the turnover of the assets and equity multiplier., evidence was found that the management will do up the motivation to manipulate earnings, operating cash flow in addition to the factors, the ratio of margin debt is also considered one of the factors, and management will do down the motivation to manipulate earnings, in addition to operating cash flow of factors, return on assets and asset turnover ratio is also a factor to consider, and will return on assets management authorities to engage in the conduct of downward earnings management, are subject to the effect of asset turnover. Another study found that the electronics companies compared to the non-electronics companies are more likely to manipulate earnings.
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