| 摘要: | 財務報表可顯示公司之營運、財務及現金流量的狀況，故財務報表是投資人或其他利害關係人做決策的重要依據，故上市櫃公司須發布經會計師查核後的財務報表。上市櫃公司通常規模較大，利害關係人較多而影響層面也較廣，但若財務報表受到操弄或舞弊，可能就會導致投資人或其他利害關係人的權益受到損害。本研究針對台灣上市櫃公司探討財務報表舞弊、公司治理與盈餘管理之關聯性，其樣本取自台灣經濟新報資料庫（Taiwan Economic Journal, TEJ），取樣期間為2012~2021年，先以裁決性應計數衡量盈餘管理，再以線性迴歸的方式來探討台灣上市櫃公司有關財務報表舞弊、公司治理與盈餘管理之關聯性。實證結果發現董事會開會次數、經理人持股比率、董監事持股比率分別與盈餘管理呈現顯著正相關；董事會規模與盈餘管理呈現顯著負相關。
Financial statements can show the company's operation, finance and cash flow status, so financial statements are an important basis for investors or other stakeholders to make decisions. Therefore, listed OTC companies must publish financial statements that have been audited by accountants. Listed OTC companies are usually larger in scale, with more stakeholders and wider influence. However, if the financial statements are manipulated or fraudulent, the rights and interests of investors or other stakeholders may be damaged. The sample is taken from the Taiwan Economic Journal (TEJ). The sampling period is from 2012 to 2021, earnings management is first measured by adjudicative accruals, and then linear regression is used to explore the correlation between financial statement fraud, corporate governance and earnings management in Taiwan-listed OTC companies. The empirical results show that the number of board meetings, the ratio of managers' shareholdings, and the ratio of directors' and supervisors' shareholdings are significantly positively correlated with earnings management; the size of the board of directors has a significant negative correlation with earnings management. |
