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立 政 治 大 學
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l C h engchi U ni ve rs it y
第四節 研究建議
對於後續研究，茲提出以下建議:
一、產業分析
本研究採用 pooling 方式進行，建議後續研究可分產業別進行測試，觀察不 同產業是否會有不同效果。
二、估計模型之延伸
本研究估計裁決性應計項目時，參考 Kothari et al.(2005)作法，但盈餘管理 之代理變數尚有其他估計方法例如 Dechow and Dichev(2002)、Francis et al.(2005) 等，建議後續研究可進一步探討不同估計模型應用在實務上之優劣。
三、實質交易與裁決性應計項目之深入研究
許多研究顯示，實質盈餘管理和應計項目盈餘管理存在替代關係(Cohen et al., 2008; Zang, 2012)，後續研究可探討在內部控制一定品質下，公司是否有傾向 於使用應計或是實質盈餘管理之情況。
四、考量各省份之不同情況
中國大陸幅員廣大，各省分發展情況及產業別有極大差異。本研究未細究各 省之背景差異，建議後續研究可分省分或是考量各地市場化成熟度是否會對其內 部控制及盈餘管理有所影響。
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