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    政大機構典藏 > 商學院 > 會計學系 > 學位論文 >  Item 140.119/67852
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/67852


    Title: 臺灣上市公司財務報導品質之高低能否有效降低股利與投資支出間內部資金之競用現象
    The role of financial reporting quality in mitigating the constraining effect of dividend policy on investment decisions of listed companies in Taiwan
    Authors: 薛幃予
    Contributors: 張清福
    薛幃予
    Keywords: 股利
    資本支出
    競用資金
    融資限制
    財務報導品質
    2SLS
    內生性
    工具變數
    Date: 2013
    Issue Date: 2014-07-29 16:02:14 (UTC+8)
    Abstract: 本文研究臺灣上市公司是否存在股利與投資支出兩者間競用資金之現象,預期股利對投資金額之係數應顯著地為負,而後本研究援引Ramalingegowda, Wang, and Yu (2013)的研究方式,欲觀察模型中加入財務報導品質代理變數以後是否能夠有效地消除股利與投資支出兩者競用資金之現象,結果顯示:股利對資本支出存在競用資金之現象,加入財務報導品質代理變數能夠有效地消除前述現象;但股利對總投資支出及研究發展支出則無關聯性。
    此外,以往文獻多以二階段最小平方迴歸 (2SLS)來矯正最小平方迴歸 (OLS)產生之衡量誤差問題或因內生性造成的估計偏誤,但使用2SLS進行估計時係以人為判斷方式選取工具變數 (instrumental variable),可能仍然存在衡量誤差或偏誤的問題,也可能找不到合適的工具變數可供運用。Lewbel (2012)提出一計量經濟模型以協助研究人員解決前述問題,並由Fernihough (2014)將此計量模型撰寫成R統計軟體,本文採用Fernihough (2014)撰寫之R套件進行結果之分析,並得到較適當的估計結果。
    Reference: 一、中文參考文獻
    (一)期刊
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    (二)論文
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    Description: 碩士
    國立政治大學
    會計研究所
    101353030
    102
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0101353030
    Data Type: thesis
    Appears in Collections:[會計學系] 學位論文

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