Type of Credit: Required
Credit(s)
Number of Students
過往研究發現經理人的性格與態度對公司而言相當重要，並會對公司的行為和績效產生深遠的影響。本課程將研究與經理人的態度和行為更直接相關的經理人調節焦點對公司自願揭露的影響。經理人調節焦點是一種基於動機的特徵，反映了個人實現目標的策略傾向，直接影響組織層面的產出。公司自願揭露之議題，受到各界廣泛重視。自願揭露深受各種因素影響，例如：經理人種族、經理人性別、公司產業、公司表現、成長機會、營運風險等因素。其中非一般公認會計原則揭露為自願揭露的一種形式，其代表之意義對投資人產生許多影響，例如：過往研究指出，非一般公認會計原則揭露使管理階層策略性的排除費損科目，以更有利的方式呈現公司財務績效。此外，依據一般公認會計原則之盈餘與非一般公認會計原則之盈餘之差距有日益擴大之趨勢。本課程就調節焦點與自願揭露提供深入的討論與議題延伸，探討經理人調節焦點對於非一般公認會計原則自願揭露之影響，將有助於學生解讀學術與實務相關之經濟現象。
能力項目說明
完成相關論文並公開發表，且得以投稿至學術期刊或國際學術性研討會。
| 教學週次Course Week | 彈性補充教學週次Flexible Supplemental Instruction Week | 彈性補充教學類別Flexible Supplemental Instruction Type |
|---|---|---|
|
週 次 |
內容 |
學習投入時數 |
|
|
1 |
09/13 |
課程介紹 |
|
|
2 |
09/20 |
文獻研讀(主題一) |
9 |
|
3 |
09/27 |
文獻研讀(主題一) |
9 |
|
4 |
10/04 |
文獻研讀(主題一) |
9 |
|
5 |
10/11 |
文獻研讀(主題二) |
9 |
|
6 |
10/18 |
文獻研讀(主題二) |
9 |
|
7 |
10/25 |
文獻研讀(主題三) |
9 |
|
8 |
11/01 |
文獻研讀(主題三) |
9 |
|
9 |
11/08 |
資料蒐集與整理(1) |
9 |
|
10 |
11/15 |
資料蒐集與整理(2) |
9 |
|
11 |
11/22 |
實證結果(主要迴歸模型) |
9 |
|
12 |
11/29 |
實證結果(主要迴歸模型) |
9 |
|
13 |
12/06 |
實證結果(額外測試與敏感性測試) |
9 |
|
14 |
12/13 |
實證結果(額外測試與敏感性測試) |
9 |
|
15 |
12/20 |
論文撰寫(1) |
9 |
|
16 |
12/27 |
論文撰寫(2) |
9 |
|
17 |
01/03 |
論文撰寫(3) |
9 |
|
18 |
01/10 |
期末報告 |
9 |
閱讀文獻與報告 20%
課程討論 20%
論文內容 60%
|
主題一：Non-GAAP Disclosure Abdel-Meguid, A., Jennings, J. N., Olsen, K. J., & Soliman, M. T. (2021). The impact of the CEO's personal narcissism on non-GAAP earnings. The Accounting Review, 96(3), 1-25. Bentley, J. W., Christensen, T. E., Gee, K. H., and Whipple, B. C. (2018). Disentangling managers’ and analysts’ non‐GAAP reporting. Journal of Accounting Research, 56(4), 1039-1081. Bhattacharya, N., Black, E. L., Christensen, T. E., and Larson, C. R. (2003). Assessing the relative informativeness and permanence of pro forma earnings and GAAP operating earnings. Journal of Accounting and Economics, 36(1-3), 285-319. Choi, Y. S., and Young, S. (2015). Transitory earnings components and the two faces of non‐ generally accepted accounting principles earnings. Accounting and Finance, 55(1), 75-103. Christensen, T. E., Pei, H., Pierce, S. R., and Tan, L. (2019). Non-GAAP reporting following debt covenant violations. Review of Accounting Studies, 24(2), 629-664. Curtis, A. B., McVay, S. E., and Whipple, B. C. (2014). The disclosure of non-GAAP earnings information in the presence of transitory gains. The Accounting Review, 89(3), 933-958. Leung, E., and Veenman, D. (2018). Non‐GAAP earnings disclosure in loss firms. Journal of Accounting Research, 56(4), 1083-1137. 主題二：Regulatory Focus Biru, A., Filatotchev, I., Bruton, G., & Gilbert, D. (2023). CEOs’ regulatory focus and firm internationalization: The moderating effects of CEO overconfidence, narcissism and career horizon. International Business Review, 32(3), 102078. Brockner, J., Higgins, E. T., & Low, M. B. (2004). Regulatory focus theory and the entrepreneurial process. Journal of Business Venturing, 19(2), 203–220. Das, T. K., & Kumar, R. (2011). Regulatory focus and opportunism in the alliance development process. Journal of Management, 37(2), 682–708. Gamache, D. L., McNamara, G., Mannor, M. J., & Johnson, R. E. (2015). Motivated to acquire? The impact of CEO regulatory focus on firm acquisitions. Academy of Management Journal, 58(4), 1261-1282. Gamache, D. L., Neville, F., Bundy, J., & Short, C. E. (2020). Serving differently: CEO regulatory focus and firm stakeholder strategy. Strategic Management Journal, 41(7), 1305-1335. Higgins, E. T. (1998). Promotion and prevention: Regulatory focus as a motivational principle. Advances in Experimental Social Psychology, 30, 1–46. Higgins, E. T., Friedman, R. S., Harlow, R. E., Isdon, L. C., Ayduk, O. N., & Taylor, A. (2001). Achievement orientations from subjective histories of success: Promotion pride versus prevention pride. European Journal of Social Psychology, 31(1), 3–23. Hsu, W. H., & Wu, L. C. (2022). Manager regulatory focus and asymmetric timeliness of earnings. 會計評論, (75), 41-79. Lanaj, K., Chang, C. H., & Johnson, R. E. (2012). Regulatory focus and work-related outcomes: A review and meta-analysis. Psychological Bulletin, 138(5), 998–1034. Nadkarni, S., & Chen, J. (2014). Bridging yesterday, today, and tomorrow: CEO temporal focus, environmental dynamism, and rate of new product introduction. Academy of Management Journal, 57(6), 1810–1833. Pennington, G. L., & Roese, N. J. (2003). Regulatory focus and temporal distance. Journal of Experimental Social Psychology, 39(6), 563–576. Tuncdogan, A., van den Bosch, F., & Volberda, H. (2015). Regulatory focus as a psychological micro-foundation of leaders' exploration and exploitation activities. The Leadership Quarterly, 26(5), 838–850. Wallace, J. C., Little, L. M., Hill, A. D., & Ridge, J. W. (2010). CEO regulatory foci, environmental dynamism, and small firm performance. Journal of Small Business Management, 48(4), 580–604. 主題三：其他相關文獻 Ahmed, A. S., & Duellman, S. (2013). Managerial overconfidence and accounting conservatism. Journal of Accounting Research, 51(1), 1-30. Barnard, Jayne W. (2008). Narcissism, Over-Optimism, Fear, Anger, and Depression: The Interior Lives of Corporate Leaders. University of Cincinnati Law Review, 77: 405. Capalbo, F., Frino, A., Lim, M. Y., Mollica, V., & Palumbo, R. (2018). The impact of CEO narcissism on earnings management. Abacus, 54(2), 210-226. Chu, J., Dechow, P. M., Hui, K. W., & Wang, A. Y. (2019). Maintaining a reputation for consistently beating earnings expectations and the slippery slope to earnings manipulation. Contemporary Accounting Research, 36(4), 1966-1998. Chung, B. H., & Hribar, P. (2021). CEO overconfidence and the timeliness of goodwill impairments. The Accounting Review, 96(3), 221-259. Goel, A. M., & Thakor, A. V. (2008). Overconfidence, CEO selection, and corporate governance. The Journal of Finance, 63(6), 2737-2784. Ham, C., Lang, M., Seybert, N., & Wang, S. (2017). CFO narcissism and financial reporting quality. Journal of Accounting Research, 55(5), 1089-1135. Hribar, P., & Yang, H. (2016). CEO overconfidence and management forecasting. Contemporary Accounting Research, 33(1), 204-227. Kim, J. B., Wang, Z., & Zhang, L. (2016). CEO overconfidence and stock price crash risk. Contemporary Accounting Research, 33(4), 1720-1749. Larcker, David F. and O'Reilly, Charles A. and Tayan, Brian and Zakolyukina, Anastasia A., Are Narcissistic CEOs All That Bad? (October 7, 2021). Rock Center for Corporate Governance at Stanford University Working Paper Forthcoming, Available at SSRN: https://ssrn.com/abstract=3937526 Zhu, D. H., & Chen, G. (2015). CEO narcissism and the impact of prior board experience on corporate strategy. Administrative Science Quarterly, 60(1), 31-65. |