CEO Characteristics and New Revised Financial Accounting Standard No.10.: The Study of Taiwan’s Steel Industry

• Main Authors: Hsiu-yi Tsai, 蔡秀怡
• Other Authors: Hsiang-lan Chen
• Format: Others
• Language: zh-TW
• Published: 2014
• Online Access: http://ndltd.ncl.edu.tw/handle/v62ju6

碩士 === 國立高雄第一科技大學 === 財務管理研究所 === 102 === The paper is to investigate Taiwan steel industry stock-listed firms during 2008-2011, which studies the relation of the inventory valuation loss between CEO’s characteristics and new revised financial accounting standard No.10. The result shows that CEO’s educational degree and background are negatively related to the inventory valuation loss and implies CEO who has higher educational degree and the background of business administration is good at using all kinds of analysis and management ways to reduce the influence of the inventory valuation loss. CEO’s shareholding proportion and Inventory Valuation Loss present remarkably negative relation, which means the more stocks CEO holds, the more benefits the stockholder will get. CEO will strive to lower influence of Inventory Valuation Loss to company. Additionally, CEO’s industrial experience is notably positive to Inventory Valuation Loss, which means CEO with industrial experience will affect the Inventory Valuation Loss greatly.