上市公司董事会特征与会计稳健性相关关系研究

发布时间：2018-01-05 18:10

本文关键词：上市公司董事会特征与会计稳健性相关关系研究　出处：《陕西科技大学》2014年硕士论文　论文类型：学位论文

【摘要】：随着经济的飞速发展，会计政策的选择也越来越多样性，这极大地挑战了会计稳健性。而会计稳健性对于公司发展和投资者保护都有着十分重要的作用。因此，在后金融危机时代，我们就更应该应用现代的理念深入研究会计稳健性产生的机制，期望能够重新认识会计稳健性在公允价值计量中的作用，并且充分利用会计稳健性。董事会是企业或者组织进行有效监督和控制决策的最优机构，并且处于一个组织监督和控制系统的顶端，其中董事会制度是上市公司治理中内部监督机制的一个十分重要的组成部分，而稳健性是企业会计系统的重要特征，其能够帮助董事会减少因为代理问题而带来的损失，并且提高企业价值。由于国际会计准则一直以公允价值计量作为重要的计量属性，所以稳健性研究一向是国外会计信息质量研究的重点，而在国内对稳健性的研究，由于近几年经济波动比较大，才开始慢慢受到学者的重视，并且国内学者对于公司稳健性影响的动因因素说法不一。因此，研究董事会特征与会计稳健性的关系是一件很有意义的事情。本文在探讨了董事会特征与会计稳健性的相关理论的基础上，又对两者的相互影响情况进行了进一步的分析，然后提出了相关假设。本文以2010-2012年我国A股上市公司为样本，以Basu模型为基础，结合我国的实际情况，对模型进行了修改，建立了更加适合的回归模型。在实证分析中，首先利用描述性统计对董事会特征变量进行分析，然后在相关性检验的基础上将上市公司董事会特征的六个变量与会计稳健性分别进行回归，最后根据回归分析结果提出相关的政策建议，以期通过完善董事会制度来改善董事会的治理效率，降低代理成本，进而提高我国上市公司会计稳健性。本文利用最新数据的研究结果显示，首先，，目前在我国会计稳健性是存在的。其次，本文通过实证分析，得出了以下结论：董事会规模、独立董事比例、董事会议次数、审计委员会的设立和会计稳健性呈现显著的正相关关系，而董事会持股比例和会计稳健性没有显著相关关系，另外董事长与总经理兼任反而有助于会计稳健性的提高。结论表明，我国上市公司董事会的相关职能的发挥还不是很充分，需要进一步完善。本文研究的目的在于探究董事会特征与会计稳健性之间的关系，以期为我国上市公司治理做出一定的贡献。通过对公司治理改革中的董事会特征对会计稳健性的影响进行实证研究，本文期望通过改善董事会的治理效率，来发挥对公司管理层有效监控的作用，提高会计盈余质量，同时为有关监管部门和政策制定者提供实证证据，以促进我国资本市场的健康稳定发展。
[Abstract]:With the rapid development of economy, the choice of accounting policy is more and more diversity, which greatly challenge the accounting conservatism. The Accounting Conservatism for the company's development and investor protection plays a very important role. Therefore, after the financial crisis, we should be more mechanism should be in-depth study of accounting conservatism in modern philosophy the expected to re recognize the fair value measurement of accounting conservatism in the role, and make full use of accounting conservatism. The board of directors is the optimal mechanism of enterprises or organizations for effective supervision and control, and at the top of an organization to supervise and control system, the system of board of directors is a very important part of the internal supervision the governance mechanism of listed companies, and the robustness is an important feature of the enterprise accounting system, which can help the board to reduce because of agency problems and Losses, and improve enterprise value. Because of the international accounting standards have been measured at fair value as an important measurement, so the robustness of the quality of accounting information has always been a focus of research at home and abroad, on the stability of research in recent years due to economic fluctuation is relatively large, began slowly to attention, and say motivation factors of domestic scholars for the robustness of a company. Therefore, research on the relationship between board characteristics and accounting conservatism is a matter of great significance.
This paper discusses the basic theory of the board characteristics and accounting conservatism on the interaction effects were further analyzed, and then put forward the relevant hypothesis. This paper based on the 2010-2012 A of China A-share listed companies as samples, based on the model of Basu, connecting with the reality of our country, to the model was modified to establish a regression model more suitable. In the empirical analysis, using descriptive statistics on the characteristics of the board of directors variables, six variables and accounting conservatism and the board of directors of listed company based on correlation test will feature respectively according to the results of regression analysis regression, finally puts forward relevant policy suggestions, in order to perfect the system of board of directors to improve the board governance efficiency and reduce agency costs, and improve the accounting conservatism of Listed Companies in China.
In this paper, using the latest research data shows that, first of all, at present in our country the accounting conservatism exists. Secondly, through empirical analysis, draws the following conclusions: board size, proportion of independent directors, board meetings, the establishment of the audit committee and the accounting conservatism showed a significant positive correlation, and the board of directors shareholding no significant correlation between the ratio and accounting conservatism, the chairman and general manager concurrently will help to improve the accounting conservatism. The conclusion shows that the relevant functions of the board of listed companies of the play is not very good, need to be further improved. The purpose of this study is to explore the relationship between board characteristics and accounting conservatism, to make a certain contribution for the governance of China's listed companies. Through empirical characteristics on the influence of accounting conservatism in the corporate governance of board of directors The paper hopes to improve the efficiency of board governance, improve the quality of accounting earnings, and provide empirical evidence for regulatory authorities and policymakers to promote the healthy and stable development of China's capital market.

【学位授予单位】：陕西科技大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.51;F271;F275

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