诉讼风险、产权性质与盈余管理

发布时间：2018-04-02 00:35

本文选题：诉讼风险　切入点：盈余管理　出处：《证券市场导报》2017年07期

【摘要】：本文基于2007~2015年沪深两市上市公司的诉讼数据,考察了诉讼风险对企业盈余管理的影响。研究发现:(1)诉讼风险会显著增加企业的盈余管理活动,尤其是负向盈余管理,导致会计信息质量降低;(2)诉讼风险对盈余管理的影响会受到企业的产权性质和政治联系的影响,在国有企业以及有政治联系的民营企业中诉讼风险对盈余管理的影响并不显著,在没有政治联系的民营企业中诉讼风险则会显著增加企业的盈余管理活动。该研究不仅有助于投资者、监管机构等了解企业产权性质和政治联系对诉讼风险的异质性影响,也拓展了诉讼风险与公司治理之间关系的研究。
[Abstract]:Based on the litigation data of listed companies in Shanghai and Shenzhen stock markets from 2007 to 2015, this paper examines the impact of litigation risk on earnings management. The study finds that litigation risk can significantly increase earnings management activities, especially negative earnings management. The influence of litigation risk on earnings management will be influenced by the nature of property right and political connection of enterprises, but the influence of litigation risk on earnings management is not significant in state-owned enterprises and private enterprises with political connections. In private enterprises without political connection, litigation risk will significantly increase earnings management activities of enterprises. This study not only helps investors and regulators to understand the heterogeneity of the nature of property rights and political connections to litigation risks, but also helps investors, regulators and others to understand the heterogeneity of the nature of property rights and political connections to litigation risks. It also expands the research on the relationship between litigation risk and corporate governance.
【作者单位】：对外经济贸易大学国际商学院;
【基金】：国家自然科学基金项目“金融生态;企业财务质量与资本配置效率”(71272041) 教育部人文社会科学规划项目“会计信息质量;资源配置效率与产业升级研究”(11YJA630085) 对外经济贸易大学中央高校基本科研业务费专项资金资助项目(CXTD5-02)
【分类号】：D925;F275

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