促進產業升級條例於民國2009年底落日,政府於2010年1月1日開始實施產業創新條例,本研究欲探討在促進產業升級條例下享有租稅優惠之企業,在實施產業創新條例之下,租稅優惠減少,使得租稅成本增加,此類企業是否會為了避免租稅成本增加,而有進行盈餘管理的動機。 本研究專注在產業創新條例實施下,在促進產業升級條例下享有租稅優惠之企業,在產業創新條例實施後之盈餘管理行為之探討。本研究以Kothari et al.(2005)衡量之裁決性應計數做為盈餘管理的代理變數,並以產業創新條例實施前一年至後兩年(2009-2011)做為研究期間,實證結果顯示我國在促進產業升級條例下享有租稅優惠之企業,會因為租稅優惠的減少,而有將盈餘向下調整的動機。在敏感性測試中,本研究採用Modified Jones Model及流動性應計數模型做為盈餘管理的代理變數,實證結果亦支持假說。實證結果皆支持在促進產業升級條例下享有租稅優惠之企業,在產業創新條例實施之後,會因為租稅優惠的減少,而有向下調整盈餘的動機。
Considering the Statute for Upgrading Industry, or SUI, has been expired on 31 Dec. 2009, the authorities passed and enforced The Statute for Upgrading Industries, or “SII”, since 1 Jan., 2010. The aim of this study would be to discuss if certain enterprises which previously retrieved the tax preference under SUI , based on the increasing of tax burden due to the reduce of tax preference resulting from the effectiveness of SII, will seek to implement the management of their profits. This study focuses on the profit management, as a result of the promulgation of SII, implemented by certain enterprises which obtained previously some tax preferences under SUI. In this study, Outcome shows that the enterprises which previously retrieved the tax preferences under SUI will be motivated to adjust downward their profits due to the reduction of tax preferences.Under the test of sensitivity, and the result proves our assumption over the profits management.One way or another, both of our test outcomes indicate that enterprises which previously under the tax preferences provided by SUI shall have the motivation to adjust downward their profits due to the decrease of tax preferences following the promulgation of SII.