The impacts of asset impairments on performance in the Taiwan listed electronics industry
Data envelopment analysis; Managers; Asset impairments; Average efficiencies; Dynamic data; Dynamic performance; Earnings management; Empirical findings; Operating performance; Poor performance; Electronics industry
Saved in:
| Main Authors: | , , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Published: |
Taylor and Francis Ltd.
2023
|
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.uniten.dspace-22362 |
|---|---|
| record_format |
dspace |
| spelling |
my.uniten.dspace-223622023-05-29T14:00:29Z The impacts of asset impairments on performance in the Taiwan listed electronics industry Wang W.-K. Chan Y.C. Lu W.-M. Chang H. 23096112500 55749209300 25625212800 56395716700 Data envelopment analysis; Managers; Asset impairments; Average efficiencies; Dynamic data; Dynamic performance; Earnings management; Empirical findings; Operating performance; Poor performance; Electronics industry This paper explores whether the recognition of asset impairments provides an opportunity for earnings management by examining changes in the performance. First, we apply a dynamic data envelopment analysis model to evaluate the operating performance of Taiwanese electronics firms for the period from 2004 to 2013. Statistical tests are next applied to assess the average efficiency variation between the periods before and after firms recognise asset impairments. Several empirical findings are as follows: managers recognise asset impairments when their firms have poor performance as compared to other firms that do not record any asset impairments recognition, and that their performance keeps on improving in both the year of recognising asset impairments and the year after asset impairments recognition. That is, managers tend to recognise asset impairments to improve operating performance, while the firms are performing poorly, supporting the opportunistic behaviour theory. � 2014 Taylor & Francis. Final 2023-05-29T06:00:29Z 2023-05-29T06:00:29Z 2015 Article 10.1080/00207543.2014.972526 2-s2.0-84922976368 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84922976368&doi=10.1080%2f00207543.2014.972526&partnerID=40&md5=e91884a16f3c12bf84857b02e6585467 https://irepository.uniten.edu.my/handle/123456789/22362 53 8 2410 2426 Taylor and Francis Ltd. Scopus |
| institution |
Universiti Tenaga Nasional |
| building |
UNITEN Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Tenaga Nasional |
| content_source |
UNITEN Institutional Repository |
| url_provider |
http://dspace.uniten.edu.my/ |
| description |
Data envelopment analysis; Managers; Asset impairments; Average efficiencies; Dynamic data; Dynamic performance; Earnings management; Empirical findings; Operating performance; Poor performance; Electronics industry |
| author2 |
23096112500 |
| author_facet |
23096112500 Wang W.-K. Chan Y.C. Lu W.-M. Chang H. |
| format |
Article |
| author |
Wang W.-K. Chan Y.C. Lu W.-M. Chang H. |
| spellingShingle |
Wang W.-K. Chan Y.C. Lu W.-M. Chang H. The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| author_sort |
Wang W.-K. |
| title |
The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| title_short |
The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| title_full |
The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| title_fullStr |
The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| title_full_unstemmed |
The impacts of asset impairments on performance in the Taiwan listed electronics industry |
| title_sort |
impacts of asset impairments on performance in the taiwan listed electronics industry |
| publisher |
Taylor and Francis Ltd. |
| publishDate |
2023 |
| _version_ |
1806428004954406912 |
| score |
13.214268 |