Company’s accounting quality and debt maturity structure
碩士 === 國立中央大學 === 會計研究所 === 103 === In this paper we use the concept of the information asymmetry to research the influence of the debt maturity structure in company’s accounting quality in Taiwan. This debt is occur from the company borrow money from the bank. We use the data from the Taiwan Econom...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2015
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| Online Access: | http://ndltd.ncl.edu.tw/handle/68h3hs |
| Summary: | 碩士 === 國立中央大學 === 會計研究所 === 103 === In this paper we use the concept of the information asymmetry to research the influence of the debt maturity structure in company’s accounting quality in Taiwan.
This debt is occur from the company borrow money from the bank. We use the data from the Taiwan Economic Journal (TEJ). And we measure the debt maturity structure by calculate the portion of the long-term debt to total debt. Then we use the model from Dechow and Dichev (2002) to measure the company’s accounting quality. We also control our sample’s company size, financial strength, and growth options. Finally, we found that if company with higher accounting quality. It will has more long-term debt in the debt portion than the other one which has the lower accounting quality. The result shows that it is important to maintain the higher accounting quality for company which wants to borrow money from the bank.
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