企业社会责任信息披露对真实活动盈余管理的影响分析

发布时间：2018-06-04 18:01

本文选题：真实活动盈余管理 + 企业社会责任　；参考：《东北财经大学》2015年硕士论文

【摘要】：盈余管理是近几十年来会计学术界的热议焦点之一。从全球范围来看,企业管理当局对盈余进行操控已经成为一个普遍的世界性问题。根据不同的操控手段,盈余管理可以分为应计项目盈余管理和真实活动盈余管理两种方式。随着近些年来会计准则的修订完善以及监管机构监督力度的不断加强,应计项目盈余管理的风险逐渐加大,操纵空间不断受到压缩,于是真实活动盈余管理为企业管理当局所青睐,成为管理层操控盈余的新方向。真实活动盈余管理以扭曲企业正常的生产经营活动为代价来达到管理层所期望实现的盈余目标,它并非单纯地改变盈余在不同会计期间的分配,也改变了企业总体的盈余水平及其现金流量水平,这将给企业的未来经济利益及长期价值造成更为严重的损害。因此,找到行之有效的方法对真实活动盈余管理进行约束具有更为迫切的现实需要。盈余管理归根结底是由信息不对称引起的。现代企业大多呈现所有权和经营权相分离,但是企业的实际经营者与所有者的利益目标并不完全一致,经营者处于信息优势一方,所有者处于信息劣势一方,这种信息不对称使得经营者利用盈余操控的手段来实现私人利益成为了可能。另外,拥有控制权的大股东和没有控制权的小股东之间的利益目标也不是完全一致的,大股东为了巩固控制权收益,存在强烈动机进行盈余操控。而管理层的选任很大程度上受制于大股东的影响,其进行的盈余操控行为也很可能是大股东意志的体现。由此看来,不管是为了自己的私利,还是迫于大股东的施压,管理当局的盈余管理行为之所以能够实现还是因为存在信息不对等。因此,为了约束管理当局的盈余管理行为,增加信息透明度、减少信息不对称应该是一种行之有效的方法,而社会责任信息公开披露就是其中一种方式。现如今可持续发展的观念早已深入人心,企业社会责任开始逐渐为人们所关注,学术界对企业社会责任的研究也越来越多。从已有文献来看,我国学术界研究社会责任与盈余管理的关系主要集中于应计项目盈余管理,而研究社会责任与真实活动盈余管理的文章依然较少。另外,在研究上述二者关系时,也主要从企业履行社会责任的角度出发,但却较少基于社会责任信息披露的角度。而纵观中国,在国家政府、资本市场以及行业协会等多方力量的大力推动下,社会责任报告这一新兴管理理念和实践得到了快速的实施发展,为从社会责任报告的角度来研究社会责任信息披露问题提供了便利的条件。因此本文结合已有研究成果,探讨企业社会责任报告的披露对真实活动盈余管理的影响具有十分重要的现实意义。本文研究内容包括如下五部分。第一部分,绪论。简要介绍了本文的研究背景和研究意义,阐述了本文的研究思路和研究方法,同时论述了本文的可能创新之处和不足。第二部分,文献综述。本部分主要针对国内外学术界不同学者关于社会责任理论、真实活动盈余管理理论以及社会责任和盈余管理的关系的研究成果进行了简单的梳理。在社会责任理论部分,主要是从社会责任的相关概念、社会责任信息质量的衡量、社会责任信息披露的动机及社会责任信息披露的经济后果四个方面进行相应的文献回顾；在真实活动盈余管理理论部分,从概念界定、度量方法、动机和经济后果四个方面进行简要文献回顾。本部分最后对国内外现有研究文献进行了简单评述。第三部分,理论分析与研究假设。本部分针对社会责任报告发布与否与真实活动盈余管理的关系、社会责任报告质量高低与真实活动盈余管理的关系、社会责任报告发布意愿对上述两者关系的影响、股权集中度对上述两者关系的影响进行了理论分析,然后提出了本文的假设。第四部分,研究设计。该部分包括数据和样本的选择、变量的度量、回归模型的建立以及实证检验分析。为了检验研究假设的正确性,本文借鉴国内外相关学者关于真实活动盈余管理的实证模型,提出了真实活动盈余管理的计量指标,从社会责任报告发布与否、社会责任报告得分、社会责任报告发布意愿和股权集中度的角度分别设定回归模型,运用STATA11.0统计软件进行数据分析,最后进行了稳健性检验,对实证部分结果加以进一步验证。第五部分,研究结论和政策建议。本部分针对上一部分得出的实证结果,提出本文的研究结论,同时给出相关政策建议。
[Abstract]:Earnings management is one of the focus of accounting academic circles in recent decades. From the global perspective, the manipulation of earnings by enterprise management authorities has become a universal and worldwide problem. According to different manipulations, earnings management can be divided into two ways: accrual project earnings management and real activity earnings management. Since the revision of the accounting standards and the supervision of the supervision institutions have been strengthened continuously in the past year, the risk of the management of earnings is gradually increased and the control space is continuously compressed. So the real activity surplus management is the new direction for the management authorities to control the earnings. The regular production and operation activities are at the cost of achieving the expected earnings target of the management level. It does not simply change the distribution of the earnings in different accounting periods, but also changes the overall level of the earnings and the level of the cash flow, which will cause more serious damage to the future economic benefits and the long-term value of the enterprise. The effective method to restrain the real activity surplus management is more urgent and realistic. The surplus management is caused by the information asymmetry. Most modern enterprises present the separation of ownership and management right, but the actual operators of the enterprises are not exactly the same as the interests of the owners, and the operators are in the letter. The owner is in a party of information inferiority. This information asymmetry makes it possible for the operators to use the means of earnings manipulation to realize private interests. In addition, the interests between the large shareholders with control and the small shareholders without control are not all consistent, and the large shareholders are in order to consolidate the earnings of the control rights. There is a strong motivation for earnings manipulation, and the selection of management is largely influenced by the influence of large shareholders, and its earnings manipulation may also be the embodiment of the will of the major shareholders. In order to restrain the management authorities' earnings management behavior, it is an effective way to increase the transparency of information and reduce information asymmetry, and the public disclosure of social responsibility information is one of the ways. More and more attention has been paid to people, and there are more and more studies on corporate social responsibility in the academic circle. From the existing literature, the relationship between social responsibility and earnings management in our academic circles is mainly focused on the accrual project earnings management, and the research on social responsibility and real activity earnings management is still less. The relationship between the two is mainly from the perspective of corporate social responsibility, but it is less based on the angle of information disclosure of social responsibility. In China, the social responsibility report, a new management concept and practice, has been developed rapidly, with the impetus of many forces such as the national government, the capital market and the industry association. It provides convenient conditions for the study of social responsibility information disclosure from the perspective of social responsibility report. Therefore, this paper combines the existing research results to explore the significance of the disclosure of corporate social responsibility report on the impact of real activity earnings management. The contents of this paper include the following five parts. The paper briefly introduces the background and significance of the study, expounds the research ideas and methods of this article, and discusses the possible innovations and shortcomings of this article. The second part, the literature review. This part mainly aims at the theory of social responsibility, the theory of real activity earnings management and the society of the non students at home and abroad. The research results of the relationship between responsibility and earnings management are briefly combed. In the part of the social responsibility theory, it is mainly from the related concepts of social responsibility, the measurement of the quality of social responsibility information, the motivation of the disclosure of social responsibility information and the economic consequences of the information disclosure of social responsibility in four aspects. In the part of the theory of activity earnings management, a brief review of the four aspects of concept definition, measurement methods, motivation and economic consequences. This part is a brief review of the existing research literature at home and abroad. The third part, the theoretical analysis and research hypothesis. This part aims at whether the social responsibility report is published or not and the real activity surplus management. The relationship, the relationship between the quality of the social responsibility report and the real activity surplus management, the influence of the social responsibility report release intention on the relationship between the two and the influence of the ownership concentration on the relationship between the two, and then put forward the hypothesis of this article. Fourth parts and the research design. This part includes the selection of data and samples. In order to test the correctness of the hypothesis, this paper, in order to test the correctness of the research hypothesis, draws on the empirical model of the real activity earnings management by the relevant scholars at home and abroad, and puts forward the measurement index of real activity earnings management, from the social responsibility report, the social responsibility report and the social responsibility. The regression model is set up for the intention of reporting publication and the degree of ownership concentration, and the data analysis is carried out by STATA11.0 software. Finally, the robustness test is carried out, and the results of the empirical part are further verified. The fifth part, the conclusions and the policy recommendations. This part of the empirical results obtained in the last part of this paper is put forward in this paper. Research conclusions, and give relevant policy recommendations.
【学位授予单位】：东北财经大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F275

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