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Using Text Mining to Explore the Association between Earnings Management and the Consistency between Company’s MD&A Tone and Financial Performance
|Issue Date: ||2015-07-01 14:43:01 (UTC+8)|
|Abstract: ||企業為美化財務報表或達成特定目的，可能會藉由操縱應計項目或是實質營業活動來進行盈餘管理，企圖操弄財務報表以對市場參與者營造出企業管理階層所希望之假象。本研究透過觀察企業年報中管理階層討論與分析(management discussion and analysis, MD&A)之語調，以及MD&A語調和財務績效比對後之一致性，判斷經常性進行盈餘管理之企業管理階層在非量化資料之揭露時，是否會不經意地顯示出其習慣性過度樂觀、誇大之傾向。|
According to former researches, managements may conduct earnings management by manipulating accruals or operating activities for particular reasons. By manipulating company’s financial report, managements can mislead investors to achieve their goal. This thesis analyzes MD&A tone and the consistency between MD&A tone and financial performance to see whether companies which adopt earnings management are also prone to be optimistic or exaggerate.
The empirical results indicate that either MD&A tone or the consistency between MD&A tone and financial performance is significantly correlated to earnings management. It implies that company may reveal its intention to conduct earnings management in the MD&A tone or the consistency between MD&A tone and financial performance. The more optimistic a company’s MD&A tone is, the higher possibility managements may conduct earnings management. Also, the more exaggerate a company’s consistency between MD&A tone and financial performance is, the higher possibility managements may conduct earnings management.
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|Source URI: ||http://thesis.lib.nccu.edu.tw/record/#G0102353007|
|Data Type: ||thesis|
|Appears in Collections:||[會計學系] 學位論文|
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