Earnings Management and Bank Loan Contracting

• Main Authors: Chen,Tzu-Wen, 陳資雯
• Other Authors: Chen,Mei-Huei
• Format: Others
• Language: zh-TW
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/70155613379720708533

碩士 === 國防大學管理學院 === 財務管理學系 === 101 === Taiwanese banks have been flourishing in the growing global economy. Consequently, syndicated loans are becoming a vital bank service. In addition to generating profit, this service is a crucial factor when evaluating whether a bank has the capacity to develop internationally. Earnings management has been a popular topic in modern finance; investors perceive the earnings quality of firms as vital information. In this study, we focused on syndicated loan cases in Taiwan. We used 1,001 companies listed in Taiwan Stock Exchange as samples to examine the relationship between corporate earnings management and the conditions set forth in syndicated banking loans. The results of this study expand the knowledge regarding factors that influence how financial institutions employ certain terms in syndicated loan contracts and how they conditions for these contracts are determined.