The study of earning management, corporate information disclosure,and financial distress: Evidence from Taiwan

摘要

The purpose of this study is to analyze the relationship between corporate information disclosure and financial distress. From the Securities and Futures Institute network, we col-lect the financial data of the stock listing companies in the Taiwan Security Exchange (TSE) and GreTai Securities Market (GTSM). We use logistic regression model to find out financial indices that have significant difference in different financial stages and corporate informa-tion disclosure conditions. The test results tell us that the level of information disclosure is significantly related to financial distress.