本研究主旨在探討台灣上市上櫃公司在高審計品質下，管理當局較不會採取應計基礎盈餘管理來達到或者是超越分析師預測盈餘指標，而會採取股票購回的盈餘管理方式。
本研究之審計品質包括專業性及獨立性構面，分別以產業專家、會計師任期、事務所規模大小及審計公費四種指標作為解釋變數，研究樣本為2008年至2012年之上市櫃公司，採用敘述性統計、相關係數與Logistic 迴歸等統計方法進行實證分析。
研究結果發現，在產業專家之會計師查核下的公司，公司會以股票購回盈餘管理替代應計基礎盈餘管理來達到或者是超越分析師預測盈餘指標；在長期會計師任期之公司，管理當局會以應計基礎盈餘管理取代股票購回盈餘管理來達到或者是超越分析師預測盈餘指標；四大會計師事務所及審計公費較高的會計師事務所所查核之公司與以股票購回盈餘管理替代應計基礎盈餘管理來達到或者是超越分析師預測盈餘指標呈現不顯著關係但預期方向相符。
The aim of this study is to examine whether the authority will use the stock repur-chase earning management rather than the accrual basis earnings management to meet or exceed the analysts predict earning targets for the Taiwan’s cabinet on companies listed under high audit quality.
In this study, the audit quality was composed of two dimensions of professionalism and independence, four indexes were selected as explanatory variables, including indus-try specialists, accountants tenure, firm size and audit fee. Statistic approaches of de-scriptive statistics, correlation analysis and logistic regression analysis were applied to carry out the empirical analysis based on the data between 2008 and 2012.
The results showed that at in industry specialists the company prefers to use the stock repurchase earnings management than using the accrual basis of earnings man-agement to meet or exceed analyst predict earning targets; in long-term accountants the company prefers to use the accrual basis of earnings management than using the stock repurchase earnings management to meet or exceed analyst predict earning targets;
In cpas firm size and high audit fee the company prefers to use the stock repurchase earnings management than using the accrual basis of earnings management to meet or exceed analyst predict earning targets no significant relationship but consistent with the expected direction.
