本研究探討在採用IFRS 16營業租賃資本化後，是否影響財務報表價值攸關。樣本選自臺灣2018年至2019年上市上櫃公司。實證結果發現：營業租賃資本化後財務報表價值攸關有所提升。在營業租賃資本化下，來自第三方審計、機構持股與經理人之報導誘因，會對價值攸關造成不同影響。透過分析IAS 8所要求揭露的預計影響數，發現價值攸關的提升來自準則的變動，而非揭露方式的差異。

This study examines whether the Capitalization of operating lease on IFRS 16 impacts the value relevance of financial statements. The sample is based on Taiwan listed companies from 2018 to 2019. Empirical results show that the capitalization of operating leases promoted the value relevance of financial statements. Based on the capitalization of operating lease, different reporting incentives from independent auditors, institutional ownership, and manager impact on value relevance. By analyzing the number of impacts required to be disclosed in IAS 8, it is found that the increase in value relevance comes from reporting standards, rather than the way of disclosure.

第一章 緒論 1
第二章 文獻回顧與假說建立 5
第三章 研究設計 13
第四章 實證結果 17
第五章 結論與建議 21

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