企業導入ERP系統對盈餘管理及會計資訊價值攸關性影響之研究
Loading...
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
國立交通大學
National Chiao Tung University
National Chiao Tung University
DOI
Abstract
本研究以2009年天下雜誌所發布之台灣製造業1000大企業於2001年至2011年間導入ERP系統之公司為研究樣本，主要探討企業導入ERP系統對盈餘管理及會計資訊價值攸關性的影響。研究結果顯示，企業導入ERP系統降低以短期及長期裁決性應計數絕對值衡量之盈餘管理。研究結果亦顯示，企業導入ERP系統降低會計資訊之整體價值攸關性。若再進一步將會計資訊區分為盈餘及權益帳面價值資訊，實證結果發現，企業導入ERP系統盈餘之價值攸關性顯著降低，而權益帳面價值之價值攸關性顯著增加。整體而言，企業導入ERP系統後提升了會計資訊品質之忠實表述但降低了價值攸關性。此外，就投資人投資決策觀點，在ERP系統環境下相較於盈餘資訊，權益帳面價值擁有較高的資訊價值。
This study investigated the effect of enterprise resource planning (ERP) system implementation on earnings management and the value-relevance of accounting information. Among the top 1000 most successful Taiwanese manufacturing firms, those that had implemented ERP systems during 2001-2011 were sampled for an empirical analysis. The results indicated that earnings management, which is measured by short- and long-term discretionary accruals, decreased after the firms implemented ERP systems. The analysis also revealed a significantly negative relationship between ERP implementation and the combined value-relevance of earnings and book values. The results also showed that after the firms implemented ERP systems, the value-relevance of book value increased and that of earnings decreased. These findings indicate that after the firms implemented ERP systems, the faithful representation of accounting information increased and the value-relevance of accounting information decreased. The book value possessed more valuable information from the perspectives of investors after the implementation of the ERP system.
This study investigated the effect of enterprise resource planning (ERP) system implementation on earnings management and the value-relevance of accounting information. Among the top 1000 most successful Taiwanese manufacturing firms, those that had implemented ERP systems during 2001-2011 were sampled for an empirical analysis. The results indicated that earnings management, which is measured by short- and long-term discretionary accruals, decreased after the firms implemented ERP systems. The analysis also revealed a significantly negative relationship between ERP implementation and the combined value-relevance of earnings and book values. The results also showed that after the firms implemented ERP systems, the value-relevance of book value increased and that of earnings decreased. These findings indicate that after the firms implemented ERP systems, the faithful representation of accounting information increased and the value-relevance of accounting information decreased. The book value possessed more valuable information from the perspectives of investors after the implementation of the ERP system.