淡江大學機構典藏:Item 987654321/95614
English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 62819/95882 (66%)
造訪人次 : 3999082      線上人數 : 312
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧：
  • 您可在西文檢索詞彙前後加上"雙引號"，以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋，建議至進階搜尋限定作者欄位，可獲得較完整資料
    •  進階搜尋


    請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/95614


    題名: An Examination of SFAS No.144：The Likelihood of Asset Impairment Recognition, Write-off Characteristics, and Market Reaction
    作者: Chao, Chia-Ling;Horng, Shwu-Min;Lin, Chih-Yen
    貢獻者: 淡江大學會計學系
    關鍵詞: Impairment;Write-off;Earnings management;Market reaction
    日期: 2007-11
    上傳時間: 2014-02-12 15:05:42 (UTC+8)
    摘要: This paper adds to the growing body of literature on managers' discretionary accounting choices in general by specifically studying several issues related to the Statement of Financial Accounting Standards (SFAS) No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets." Our investigation starts by exploring the factors affecting the decision to take an SFAS No. 144 write-off and the percentage of assets that is actually written off. The empirical results reveal that, after controlling for the effects of firms' economic conditions and changes in those economic conditions, writeoff firms appear to be acting in a manner consistent with the "big bath" behavior and smoothing incentive. We also find that firms with a senior management change are more likely to accelerate write-offs. To examine the extent to which our write-off likelihood model that incorporates both economic factors and reporting incentives mirrors the market's assessment of long-lived assets, we study the association between the market reaction to write-off announcements and the probability of a write-off produced by our model. The results provide support for the notion that our write-off prediction model proxies for the unobservable market expectations. The findings also reveal a negative stock price response to "unpredictable" asset write-offs. The above implications are robust to a number of alternative specifications and variables definitions.
    關聯: 2007會計理論與實務研討會論文集=Proceedings of 2007 Accounting Theory and Practice Conference，43頁
    顯示於類別:[會計學系暨研究所] 會議論文

    文件中的檔案:

    檔案 大小格式瀏覽次數
    An Examination of SFAS No.144：The Likelihood of Asset Impairment Recognition, Write-off Characteristics, and Market Reaction_英文摘要.docx17KbMicrosoft Word172檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

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