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| Title: | 我國財務會計準則第34號及第36號公報對企業操作衍生性金融商品之影響 |
| Authors: | 賴怡君 |
| Contributors: | 陳錦烽
賴怡君 |
| Keywords: | 第34號公報
第36號公報
衍生性金融商品
公司特質
SFAS No. 34
SFAS No. 36
Derivatives
Corporate Characteristics |
| Date: | 2008 |
| Issue Date: | 2009-09-11 17:33:09 (UTC+8) |
| Abstract: | 本研究之研究主題有兩大部份。第一部份探討公司特質與其使用衍生性金融商品之關聯性。第二部份探討公司特質與其使用衍生性金融商品程度之關聯性，並檢驗我國財務會計準則第34號及第36號公報實施後，對企業操作衍生性金融商品之影響。
第一部份之實證結果顯示，公司規模愈大、長期負債比率愈高、股利發放率愈高、流動比率愈低、研發費用率愈高以及外銷比率愈高之公司，愈傾向使用衍生性金融商品。上述公司特質為企業使用衍生性金融商品之決定因素。
第二部份之實證結果顯示，公司規模愈大、長期負債比率愈高、股利發放率愈高以及外銷比率愈高的公司，其衍生性金融商品使用程度愈大。此外，第34號及第36號公報實施後，樣本公司使用衍生性金融商品之程度低於公報實施前，故推論此兩號公報之實施，的確影響公司對於衍生性金融商品之操作，使其態度趨於保守。
This study focuses on the following issues. First, this study examines the relationship between corporate characteristics and its use of derivatives. Second, I further investigate the relationship between corporate characteristics and its degree of use of derivatives. In addition, the impact of SFAS No.34 and No.36 on corporate use of derivatives is also examined. The main conclusions are as follows.
On the first issue, the empirical results show that for the firms with greater size, greater long-term liability ratio, greater dividend payout ratio, lower current ratio, greater R&D ratio and greater export ratio, they are more likely to use derivatives. These characteristics are important determinants for corporate use of derivatives.
In the second issue, the empirical results indicate that for the firms with greater size, greater long-term liability ratio, greater dividend payout ratio and greater export ratio, their degrees of using derivatives are greater. In addition, the degree of corporate use of derivatives decreases after SFAS No. 34 and No. 36 became applicable. The corporate use of derivatives became more conservative after the application of these two pronouncements. |
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| Description: | 碩士
國立政治大學
會計研究所
96353044
97 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0096353044 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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