公司治理结构对上市公司财务报告重述的影响研究

发布时间：2018-05-26 17:28

本文选题：财务报告重述 + 公司治理结构　；参考：《青岛理工大学》2012年硕士论文

【摘要】：规范有序的证券市场要求高质量的信息披露，财务报告作为上市公司对外披露信息的主要载体，是投资者们获取公司信息，做出正确决策的主要依据。然而改革开放以来，随着我国经济体制改革的不断深入发展，经济保持高速增长的同时，证券金融业也暴露出了很多问题。最受关注的一个问题就是上市公司信息披露质量的下降以及财务重述数量的不断攀升。为了找寻更多关于财务报告重述的发生动机、影响因素、经济后果等，越来越多的专家学者开始关注、研究财务报告重述。本文沿着“提出问题—分析问题—政策建议”的思路构建了公司治理结构对上市公司财务报告重述的影响研究框架。回顾了国际以及国内财务重述制度的发展，财务重述发生的原因、影响因素、经济后果等，以及公司治理结构方面的相关理论。选取2008-2011年上市公司财务报告中的经验数据对公司治理结构与财务报告重述的关系进行实证分析，旨在解决以下几个问题： 1、公司治理结构对上市公司财务报告重述是否有影响。 2、股权结构，，如股权集中度、控股股东性质等是否与财务报告重述有显著关系。 3、董事会特征，如董事会规模、独立董事比例、两职合一等是否会增加上市公司财务报告重述的数量。通过实证检验发现：公司治理结构对上市公司财务报告重述确实存在影响，并且股权集中度、独立董事规模与财务报告重述负相关，而国有控股、董事长与总经理的两职合一与财务报告重述呈正相关关系。本文从上市公司的角度，运用2008-2011年上市公司财务报告中的经验数据对公司治理结构与财务报告重述的关系进行实证分析，这是我国自施行财务报告重述制度以来的最新大样本，以期为改善公司治理结构、降低财务重述、完善资本市场提供一些理论及实务指导。
[Abstract]:The standardized and orderly securities market requires high quality information disclosure. As the main carrier of listed companies' disclosure information, financial reports are the main basis for investors to obtain corporate information and make correct decisions. However, since the reform and opening up, along with the deepening development of the economic system reform in our country, while the economy keeps growing at a high speed, the securities financial industry has also exposed a lot of problems. One of the most concerned issues is the decline in the quality of information disclosure of listed companies and the increasing number of financial restatements. In order to find out more about the motivation, influencing factors and economic consequences of financial report restatement, more and more experts and scholars begin to pay attention to it. This paper constructs the research framework of the influence of corporate governance structure on the restatement of financial reports of listed companies. This paper reviews the development of the international and domestic financial restatement system, the causes of the financial restatement, the influencing factors, the economic consequences, and the relevant theories on the corporate governance structure. This paper analyzes the relationship between corporate governance structure and financial report restatement by empirical data from 2008 to 2011 in order to solve the following problems: 1. Corporate governance structure has an impact on financial restatement of listed companies. 2, whether the ownership structure, such as ownership concentration, controlling shareholder nature, and so on, has significant relationship with financial restatement. 3. Will the characteristics of the board of directors, such as the size of the board of directors, the proportion of independent directors and the integration of two positions, increase the number of financial restatements of listed companies. The empirical results show that the corporate governance structure does have an impact on the financial restatement of listed companies, and the ownership concentration, the size of independent directors and the financial restatement are negatively correlated, while the state-owned holding, and the financial restatement are negatively correlated with the ownership concentration and the size of independent directors. There is a positive correlation between the two positions of chairman and general manager and the restatement of financial report. From the point of view of listed companies, this paper makes an empirical analysis of the relationship between corporate governance structure and financial restatement by using the empirical data of the financial reports of listed companies in 2008-2011, which is the latest large sample since the implementation of the financial reporting restatement system in China. In order to improve the corporate governance structure, reduce financial restatement, improve the capital market to provide some theoretical and practical guidance.
【学位授予单位】：青岛理工大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F275;F271;F832.51

【引证文献】