English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 56568/90363 (63%)
造访人次 : 11872265      在线人数 : 87
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/103338


    题名: Earnings Management, Investor Type and Firm Performance of Private Placement
    作者: 湯惠雯
    贡献者: 淡江大學保險學系
    关键词: accrual-based earnings management;investor type;private placement;real earnings management;strategic investor
    日期: 2016-03-31
    上传时间: 2015-06-18 13:45:41 (UTC+8)
    摘要: Using the first private placement of Taiwanese listed firms, this study employs two-stage least square (2SLS) to investigate the determinants of accrual-based earnings management and real earnings management (REM), and explore their influences on post-issue performance through dividing the sample into strategic investor type and non-strategic investor type. The results show that the investor type has a significant influence on the issuers’ REM activities around private placements. Security type, debt ratio, and firm size also affect their pre-issue earnings management behavior. REM activities lead to more significantly reduced long-run performance compared with DCA does. Notably, the impact of REM activities on long-run performance varies with the investor type of private placements. Private placements with strategic investors present an insignificantly negative relationship between pre-issue REM and long-run performance compared with those with non-strategic investors.
    關聯: Journal of Financial Studies 24(1), pp.55-102
    【TSSCI】
    显示于类别:[風險管理與保險學系] 期刊論文

    文件中的档案:

    档案 描述 大小格式浏览次数
    Earnings Management, Investor Type and Firm Performance of Private Placement.pdf614KbAdobe PDF0检视/开启
    index.html0KbHTML102检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈