企业生命周期、行业竞争冲击与盈余管理——基于应计盈余管理和真实盈余管理的双重考量

发布时间：2018-04-18 00:05

本文选题：行业竞争 + 企业生命周期　；参考：《山西财经大学学报》2017年05期

【摘要】：利用2001-2014年我国上市公司的财务数据,实证检验了行业竞争压力对不同生命周期企业应计盈余管理和真实盈余管理的影响。行业竞争压力是从三个维度进行衡量,即现存行业竞争压力、潜在行业竞争压力和行业盈利能力。实证结果显示:行业竞争程度高的成长期企业,其应计盈余管理和真实盈余管理程度显著低于成熟期企业;高行业竞争压力下的衰退期企业,其应计盈余管理程度显著低于成熟期企业,但其真实盈余管理程度显著高于成熟期企业。这说明较高的行业竞争压力抑制了成长期企业、成熟期企业和衰退期企业的应计盈余管理,同时抑制了成长期企业和成熟期企业的真实盈余管理,但加剧了衰退期企业的真实盈余管理。
[Abstract]:Based on the financial data of listed companies in China from 2001 to 2014, this paper empirically examines the influence of industry competition pressure on accrual earnings management and real earnings management of enterprises with different life cycles.Industry competitive pressure is measured from three dimensions, that is, existing industry competitive pressure, potential industry competitive pressure and industry profitability.The empirical results show that the degree of accrual earnings management and real earnings management of growing enterprises with high industry competition is significantly lower than that of mature enterprises, and that of declining enterprises under the pressure of high industry competition is significantly lower than that of mature enterprises.The degree of accrual earnings management is significantly lower than that of mature enterprises, but the real earnings management degree is significantly higher than that of mature enterprises.This indicates that higher industry competitive pressure inhibits the accrual earnings management of growth, mature and declining enterprises, and at the same time inhibits the real earnings management of growth and mature enterprises.But it intensifies the real earnings management of enterprises during the recession.
【作者单位】：广东工业大学管理学院;中国人民大学商学院;南开大学商学院;
【分类号】：F235

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