Does the adoption of IFRS 16 provide more valuable lease information

• Main Authors: Hsieh, Fu-Man, 謝馥蔓
• Other Authors: Kuo, Horng-Ching
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/s8856f

碩士 === 國立政治大學 === 會計學系 === 107 === Taiwan applies International Financial Reporting Standards 16 (IFRS 16) from January 1, 2019, and the lessee switches to a single accounting model. This study explores whether the financial statements presented by the lessee after adopting IFRS 16 can more accurately express the company’s financial status and provides more information for the users of the financial report, which is reflected in the stock price. Using a sample of all listed companies and all OTC-Listed Companies in merchant shipping from 2013 to 2017, and uses the Ohlson (1995) model basis to measure the book value per share and earnings per share. Whether the financial statements will add value relevance after adopting IFRS 16, our results show that the book value per share and earnings per share provided for under the IFRS 16 are more value relevant. In contrast, we find no significant results regarding total liabilities. Taken together, the findings suggest that IFRS 16 is superior to IAS 17.