本研究以2017年上市公司財務報表所揭露之營業租賃相關資訊，採用因素營業租賃資本化方法進行設算，探討導入IFRS 16對我國上市公司財務報導之影響，並進一步分析造成各家公司財務比率變化不等之影響因素。
實證結果顯示，屬於航運產業、觀光旅遊業、貿易百貨業之公司，導入IFRS 16，其資產總額、負債總額、負債比率增加幅度顯著高於其他產業，ROA之減少幅度亦較其他產業大。此主要導因於此三產業承租船舶、飛機、店鋪、營業據點等租賃業務較多之產業特性所致。
此外，本研究探討導入IFRS 16，財務比率變化之影響因素。結果顯示，除產業類別外，公司規模、既有租賃資產占不動產、廠房與設備之比率以及租賃密集度，皆與負債比率變動數及ROA變動數呈現顯著相關。顯示具有該等特性之企業，於IFRS 16之適用下，財務金額與財務比率所受之影響皆會愈大。此等結果對於我國企業經營者在減輕IFRS 16適用影響之策略制定上，具有實質意義。

This study, based on the information about operating leases disclosed in financial statements of listed companies in 2017, follows factor lease capitalization method to demonstrate the potential influence of IFRS 16 on the financial ratios and financial statements of listed companies in Taiwan, and analyzes the reasons which cause different range of changes in the financial ratios of various companies.
Empirical results show once adopting IFRS 16, total assets, total liabilities, and debt ratios of companies belonging to transportation, tourism, or retail industry will increase significantly compared with other industries, while ROA will decrease significantly. The main reason is these three industries have industrial characteristics of more rental business, such as vessels, aircraft, shops, and business locations rental.
Besides, this study discusses the reasons which cause different range of changes in the financial ratios when adopting IFRS 16. Results show that apart from sector of company, size, the ratio of leased assets to property, plant and equipment, and the leases intensity are significantly related to the range of change in debt ratio and ROA. For companies with these characteristics, the financial ratio and financial statements will be materially affected by the adoption of IFRS 16. This results also have practical implications for corporate managers in formulating strategies to lessen the impact of IFRS 16.

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