English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 109951/140892 (78%)
Visitors : 46204658      Online Users : 972
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version
    政大機構典藏 > 商學院 > 會計學系 > 期刊論文 >  Item 140.119/40051


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/40051


    Title: 衍生性金融商品數量性資訊揭露與外匯風險暴露之關聯性研究
    Other Titles: The Association between Derivative Disclosure and Foreign Exchange
    Authors: 林美花;黃祥宇
    Lin,Mei-Hwa;Huang,Xiang-Yu
    Keywords: 衍生性金融商品;外匯風險暴露;財務會計準則第27號公報;Derivative instrument;Foreign currency risk exposure;ROC Financial Accounting Standard No. 27
    Date: 2006-07
    Issue Date: 2010-05-31 09:46:21 (UTC+8)
    Abstract: 本研究探討我國財務會計準則第27號公報「金融商品之揭露」所規範揭露之數量性資訊與企業外匯風險是否存在關聯，藉以研究目前所揭露的相關資訊是否為投資人評估外匯風險時的重要依據之一，以供主管機關與準則製訂機構在往後監督與公報修訂上的參考。本研究參考Wong (2000)所提出的研究議題與模式，著重於公報中要求揭露衍生性金融商品之合約金額與公平價值。本研究結果顯示，不論是電子業或非電子業，投資人會部分運用到合約金額，故第27號公報之數量性資訊揭露在現行企業財務報表揭露的水準下有其參考的價值。但對公平價值變動部分，許多公司可能以賣出選擇權模式賺取權利金，卻以避險模式處理，且公報規定不明確，造成公平價值變動之計算有所爭議，可能是影響此部分結果多不顯著的主要原因。另研究結果亦顯示，與外匯相關之其他資訊有揭露之必要，包括原料進口金額及以外幣計價之負債。此外，目前27號公報所要求揭露之事項，許多公司並未加以落實，在36號公報即將實行之際，主管機關宜加強此部分之宣導及監督，以收執行之效。 The purpose of this study is to examine whether the information about a company`s foreign exchange derivatives contract is used by investors in their decision making. Specifically, we study the relationship between quantitative information disclosure of foreign exchange derivatives as required by Financial Accounting Standards No. 27 of ROC, Disclosure on Financial Instrument, and foreign exchange risk exposure. We follow the model as developed by Wong (2000) to examine manufacturing companies in Taiwan, especially focusing on the disclosure of nominal amount and the change in the fair value of foreign exchange derivatives contract. The results of the study show that foreign exchange exposure is related to nominal amount of foreign exchange derivatives, but not related to the change of their fair value in most cases. These results suggest that the disclosure of nominal amount of foreign exchange contract is useful to investors. The insignificance in the change of the fair value may be due to several reasons, including the measurement problem resulted from the vagueness of the definition of fair value and the misuse of hedging accounting on trading purpose derivatives by companies. The result suggests that the disclosure requirement on derivatives in the financial statements should be reinforced by the governance agency or the regulation bodies.
    Relation: 會計評論,43,63-93
    Data Type: article
    Appears in Collections:[會計學系] 期刊論文
    [會計評論] 期刊論文

    Files in This Item:

    File SizeFormat
    acc034.pdf659KbAdobe PDF2777View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback