Arthaud-Day Certo, Dalton, and Dalton (2006)和Feldmann, Read, and Abdolmohammadi (2009)指出當公司有財務報表重編事件時，公司組織正當性及聲譽受到損害，財務主管異動可以修補組織正當性及聲譽受損。本研究主要目的驗證這個理論及強制重編公司，財務主管異動可能性是否提升。
樣本選取期間以2000至2010年發生財務報表重編之公司為樣本，採用敘述性統計、相關係數分析及羅吉斯迴歸分析檢視財務報表重編與財務主管異動的關係。
實證結果發現，財務報表重編與財務主管異動反應呈現顯著正向關係，表示財務報表重編後財務主管異動有助於修補公司組織正當性及聲譽受損，確實給予外部財務資訊正向訊號，進一步將財務報表重編原因分為強制與非強制，結果為相對於非強制財務報表重編之公司，強制重編財務報表更能使財務主管異動機率大增。
Arthaud-Day, Certo, Dalton, and Dalton (2006) and Feldmann, Read, and Abdolmohammadi (2009) say when company has financial restatement, it will pose serious threat the organization legitimacy and fame. This research verify the theory and mandatory restatement of company removing CFO turnover possibility.
Research data of restatement period from 2000 to 2010, this research employs descriptive statistics, correlation analysis and logistic regression analysis to analysis financial restatement and CFO turnover.
The result is that in contrast no restatement company, company with restatement has high possible of CFO turnover. Restatement issue not only threat organization legitimacy and frame, but also give financial users negative signal. We also find contrast mandatory restatement and non of mandatory, company with mandatory restatement has high possible to remove CFO.
