新十號公報實施之目的在於使企業開始正視存貨相關議題,致力於增進存貨管理能力,進而提升我國企業之整體績效,故存貨管理能力於此扮演一關鍵角色,新十號公報之實施對企業績效之影響會因存貨管理能力之優劣而有所差異。此外,過去探討新十號公報實施對企業績效影響之實證結果不一,本研究認為過去研究忽略了企業存貨管理能力優劣之影響,才導致結論不一的情形。因此,本研究主要目的為檢視在新十號公報實施後對企業績效之影響中,存貨管理能力是否扮演著一個中介的角色。 本研究以我國上市(櫃)公司為研究對象,2007年至2009年之年資料為樣本期間,並依存貨管理能力之高低以四分位數作分群測試,檢驗存貨管理能力對企業績效之影響,並探討新十號公報與存貨管理之關聯性。 實證結果顯示,存貨管理能力對企業績效有正面影響,代表績效會因存貨管理能力的增加而有所提升,因此,我國企業應正視存貨管理問題,如降低存貨水準、改善流程等,存貨管理績效才會有所提升,進而增進公司價值;而存貨管理能力於新十號公報中扮演了關鍵的中介角色,當企業之存貨管理能力優於某一程度時,新十號公報實施後對企業績效產生的正面影響,會受到存貨管理能力的中介影響,亦即新十號公報實施後我國企業確實有透過提升存貨管理能力來增進公司績效,但需當存貨管理能力提升到一定程度,才能顯現增進公司績效之效果。
The purpose of implement New Revised Financial Accounting Standard No.10 is to let enterprises concerns the issue relating to inventory management and improve inventory management. Therefore, inventory management plays a key role in implementing New Revised Financial Accounting Standard No.10. The impact of New Revised Financial Accounting Standard No.10 on firm performance depends on the effectiveness of inventory management. Prior studies relating to the impact of New Revised Financial Accounting Standard No.10 are mixed because they ignored the role of inventory management. Thus, the main purpose of this study is to investigate the relationship between New Revised Financial Accounting Standard No.10 and inventory management. This study use listed companies as study samples, and study period is from 2007 to 2009. Furthermore, inventory management is grouped based on quartile of inventory turnover, and examine the relationship between New Revised Financial Accounting Standard No.10 and inventory management. The results indicate that inventory management can mediate the impact of New Revised Financial Accounting Standard No.10 on business performance. When inventory management reach a certain degree, the impact of New Revised Financial Accounting Standard No.10 on business performance will be mediated by inventory management. In other word, after the implementation of New Revised Financial Accounting Standard No.10, enterprises improved business performance through enhanced the inventory management. However, inventory management must be improved to a certain level, then the effect of improved business performance will appear.