Financial Statements Restatement and Credibility of Management Earnings Forecasts: Empirical Evidence from Firms Listed in the Taiwan Stock Exchange and GreTai Securities Exchange

Autor:	Chen Chia-Hsin, 陳佳欣
Rok vydání:	2012
Druh dokumentu:	學位論文 ; thesis
Popis:	100 Management earnings forecasts are aim at increasing the companys’ financial transparency and decreasing information asymmetry. But financial statements restatement would affect credibility of financial statements. This study investigates the association between financial position, corporate governance, financial statements restatement and the accuracy, credibility of management earnings forecasts. We find that management earnings forecasts issued by financial distressed firms and firms with poor corporate governance have lower accuracy and greater upward bias. We also find that financial statements restatement have no effects on the accuracy, credibility of management earnings forecasts.
Databáze:	Networked Digital Library of Theses & Dissertations
Externí odkaz:	http://ndltd.ncl.edu.tw/handle/22106665740369415310 Zobrazit plný text záznamu