| Summary: | 碩士 === 南華大學 === 企業管理系管理科學碩博士班 === 97 === Taiwan Securities and Futures Institute (SFI) began to implement the Information Disclosure and Transparency Ranking System (IDTRS) in Taiwan in 2003. Since then past studies shown have that the application of IDTRS can reduce earnings management methods of enterprises.
First, we have used the results of ITDRS in 2006 & 2007 to examine the effects of information transparency on the informativeness of earnings. Next, we looked into whether the higher the degree of the corporate disclosure transparency will reduce the possibilities of the earning manipulation, since there is less information level between the investors and the corporate manager.
The empirical results show the relationship between information disclosure and earnings management is significantly different between industries.The “conglomerates”, the “big stockholders’ holdings”, the “institutional investor holdings” , Whether the directors having independent roles , the “managers’ holdings”and If the chairman of a board and CEO are the same have a significant negative relationship with earnings management. The corporate governance have a significant positive relationship with information disclosure transparency. The information disclosure transparency have a significant negative relationship with earnings management.
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