分析師特質與盈餘管理關係之研究

The Effect of Analyst Characteristics on Earnings Management

黃燕如(Yen-Ju Huang)

指導教授 ： 夏侯欣榮

元智大學/管理學院/商學碩士班(財務金融學程)/碩士(2012年)

摘要

本文主要在研究分析師特質與其預測公司的盈餘管理之關係，探討何種分析師特質能顯著提升預測公司的資訊品質，並藉由比較法規前後兩段樣本期間檢驗法規是否對此關係造成影響。結果顯示預測準確性較高、較有經驗、多預測同產業公司及發佈悲觀預測的分析師對預測公司之盈餘管理較有抑制效力。

關鍵字

分析師特質 ； 盈餘管理

並列摘要

This paper investigates the relation between earnings management and analyst characteristics and we want to find out what analyst characteristics can make analyst be an external monitor. We use pre-FD period and post-FD period to test whether the Regulation Fair Disclosure has influence on this relation. Our findings suggest that the firm covered by analysts who make less forecast error or pure pessimistic forecast and covered by more experienced analysts will have lower level of earnings management.

並列關鍵字

analyst characteristics ； earnings management

參考文獻

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