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    Title: 中國銀行引進外資是否會改善盈餘管理
    Authors: 顧中元
    Contributors: 沈中華
    顧中元
    Keywords: 外資
    盈餘管理
    配對理論
    Date: 2007
    Issue Date: 2009-09-14 13:29:10 (UTC+8)
    Abstract: 中文摘要
    中國大陸的金融業以引進外資是否可以改善盈餘管理是一個重要的研究議題,過去的文獻對此議題的研究結果並無一致性的看法。本文探討過去文獻上所使用的研究方法可能產生估計上的選擇偏誤,並提出以傾向分數配對方法(Propensity Score Matching Method)將樣本重新配對,以解決選擇偏誤的問題,並重新估計引入外資對改善盈餘的影響。首先,本文將所有資料分成兩組,試驗組(外資入股銀行)與控制組(外資沒入股銀行)並分別對其計算盈餘管理的統計量,發現不論是試驗組(外資入股銀行)或是控制組(外資沒入股銀行)均有盈餘管理現象,而控制組(外資沒入股銀行)的盈餘管理現象更較試驗組(外資入股銀行)嚴重的多,因此根據本文的實證結果本文初步的判斷外資入股會改善盈餘管理現象。然而,根據本文的實證研究,本文發現試驗組(外資入股銀行)與控制組(外資沒入股銀行)之後在樣本配對前,影響銀行從事盈餘管理行為的特性變數在兩樣本之間存在著顯著差異,而唯有透過配對方法篩選樣本後才減少了這個差異,而利用配對之後的樣本作分析,本文發現,平均來說,銀行引進外資的確會降低銀行從事盈餘管理的程度。
    Reference: 參考文獻
    中文文獻
    朱浩民,(2007),「中國銀行業之開放與台資銀行進入策略」,台灣金 融財務季刊,8(1):101-121。
    呂青樺與沈中華,(2006),「影響大陸地區銀行獲利能力與風險的因 素」,中國大陸研究,49(3):119-141。
    沈中華與謝孟芬,(2000),「資本流入與銀行脆弱性-跨國比較」,中國財務學刊,8(3):1-40。
    沈中華,(2007),《金融市場—全球的觀點》,新陸書局。
    沈中華與池祥麟,(2003),「從投資人保護觀點與展望理論探討各國銀行業盈餘管理之現象與動機」,《經濟論文,財務金融特刊(上)》, 31:3,407-458。
    黃台心,2005,《計量經濟學》,雙葉書廊。
    劉順仁,(1997),「美國銀行控股公司壞帳承認決定因素之實證研究」,《會計評論》,30,33-77。
    劉啟群,(1999),「我國金融業會計損益項目季別分析-盈餘管理間接測試法」,《會計評論》,31,63-79。
    吳淳美,(2000),《我國銀行業盈餘管理行為,工具與還原之分析》,中原大學會計研究所碩士論文。
    上海財經大學現代金融研究中心、上海財經大學金融學院,(2006),《2006中國金融發展報告—金融開放與金融安全》,上海財經大學出版社。
    英文文獻
    Ahmed, A. S., C. Takeda and S. Thomas(1999), “Bank Loan –Loss Provisions:A Reexamination of Capital Management, Earnings Management, and Signalling Effects,”Journal of Accounting and Economics,28,1-25.
    Beatty, A., S. L. Chamberlain, and J. Magliolo (1995),”Managing Financial Reports of Commercial Banks:The influence of Taxes, Regulatory Capital and Earnings, ”Journal of Accounting Research, 33(2), 195-212.
    Beaver, W. H. and E. E. Engel(1996),”Discretionary Behavior with Respect to Allowances for Loan Losses and Behavior of Security Prices,” Journal of Accounting and Economics, 22, 177-206.
    Burgstahler, D. and I. Dichev (1997),”Earnings Management to Avoid Earnings Decreases and Losses,” Journal of Accounting and Economics, 24, 99-126.
    Bonin, J. P., Iftekhar Hasan and P. Wachtel, 2005, Bank performance, efficiency and ownership in transition countries, Journal of Banking and Finance, 29(1):31-53.
    Buch, C. M., 1997, Opening up for foreign banks – why central and eastern Europe can benefit. Economics of Transition, 5(2):339-366.
    Claessens, S., Demirguc-Kunt, A., Huizinga, H., 2001, How does foreign entry affect the domestic banking market? Journal of Banking and Finance, 25:891-911.
    Degeorge, F., J. patel, and R. Zeckhauser (1999), “Earnings Management to Exceed Thresholds,”Journal of Business, 72(1), 1-33
    Drakos, K., 2003, Assessing the success of reform in transition banking 10 years ago: An interesting margins analysis. Journal of Policy Modeling, 25:309-317.
    Healy, P. and J. Wahlen (1999), “A Review of the Earnings Management Literature and Its Implications for Standard Setting,” Accounting Horizons, 13, 365-383.
    Heckman, J. (1978)”Dummy endogenous Variables in a Simultaneous Equation system”, Econometrica, 46, pp. 931-951
    Heckman, J. (1979), “Sample Selection Bias as a Specification Error”, Econometrica, 47, pp. 135-162.
    Ichimura and Todd (1997), International Monetary Fund, 2000, International capital markets: developments, prospects, and key issues. International Monetary Fund, Washington, DC.
    Leuz, C., D. Nanda, and P. D. Wysocki (2003), “Investor Protection and Earnings Management:An International Comparison,” Journal of Financial Economics, forthcoming.
    Rosenbaum, P., and D. Rubin (1983), “The central Role of Propensity Score in Observational Studies for Causal Effects”, Biometrika,70, pp. 80-94.
    Rubin, D. B., and N. Thomas (1992), “Characterizing the Effect of Matching Using Linear Propensity Score Methods with Normal Distributions”, Biometrika, 79, pp. 797-809.
    The World Bank, 1997, Private capital flows to developing countries, World Bank Oxford University Press.
    網路資料
    李紀珠,2007,「大陸開放金融市場,台灣銀行業的困境與優勢」,財團法人國家政策研究基金會網站:http://www.npf.org.tw/particle-1454-3.html
    中國大陸銀行監督管理委員會網站:http://www.cbrc.gov.cn/chinese/home/jsp/index.jsp
    Description: 碩士
    國立政治大學
    經濟研究所
    94258016
    96
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0094258016
    Data Type: thesis
    Appears in Collections:[經濟學系] 學位論文

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