境内外同时上市公司内部控制与盈余质量研究

发布时间：2018-01-11 16:19

本文关键词：境内外同时上市公司内部控制与盈余质量研究　出处：《杭州电子科技大学》2014年硕士论文　论文类型：学位论文

【摘要】：2008年《企业内部控制基本规范》发布，时隔两年《企业内部控制配套指引》跟进发布，2012年财办会[2012]30号“关于2012年主板上市公司分类分批实施企业内控规范体系的通知”又重磅来袭，企业内控规范体系的全面铺开已提上日程。在内部控制配套指引发布的同时，为确保企业内控规范体系的平稳推进，财政部等五部委确定，境内外同时上市公司自2011年1月1日起首先施行企业内控规范体系。境内外同时上市公司大多系顶着光环的行业标杆企业，首先施行企业内控规范体系，引起了全社会的广泛关注。内部控制与盈余质量研究引起了广大学者的极大兴趣。但研究结论却大相径庭，尚无定论。在新的制度背景下，其相关性有待考证。因此，本文试图在梳理已有研究成果的基础上与时俱进，在新的制度背景下，探究内部控制与盈余质量的关系，跟进新制度的实施效果，为理论界方兴未艾的内部控制研究扬波逐流。本文以首批实施企业内控规范体系的境内外同时上市公司为研究对象，在理论分析的基础上，用实证研究的方法检验了内部控制与盈余质量的关系，并试图探究企业内控规范体系的实施效果。首先阐述了内部控制与盈余质量的相关理论，基于信号传递等经济理论分析了内部控制与盈余质量之间的关系，并提出了本文的研究假设。其次，在实证研究部分，以迪博内部控制指数作为内部控制水平的替代变量，采用截面修正琼斯模型估计的DA的绝对值表征盈余质量，建立回归模型，借助统计软件，，使用描述性统计分析、相关性分析、多元线性回归分析、独立两样本t检验等方法对研究假设进行验证。回归结果表明，内部控制与ABS(DA)显著负相关，即内部控制与盈余质量显著正相关，但企业内控规范体系的实施并未使盈余质量显著提高。进一步检验发现，境内外同时上市公司实施企业内控规范体系前后，内部控制水平没有明显变化。这主要是因为企业内控规范体系的推进是一个系统工程，不能一蹴而就，短期内未能使企业内部控制水平显著提高，内部控制对企业盈余管理活动的抑制程度也未能随之增强，盈余质量不升反降也在情理之中。随着新企业内控规范体系的落实、深化，新制度的实施效果将慢慢显现，企业内部控制水平将逐渐提高，其对企业盈余管理活动的抑制作用将逐渐增强，盈余质量将随之稳步提高。最后，在总结本文主要研究结论的基础上，提出了三点建议，指出了本文研究的局限性，并做了进一步的研究展望。
[Abstract]:2008 "Enterprise Internal Control basic Standards" issued, two years after the "Enterprise Internal Control supporting guidelines" follow up to issue, 2012 Financial Affairs Committee. ["30" on 2012 on the main board listed companies classified batch implementation of enterprise internal control standard system notice "another heavy attack." Enterprise internal control norms system has been put on the agenda. In the internal control supporting guidelines issued, in order to ensure the smooth progress of the enterprise internal control standard system, the Ministry of Finance and other five ministries and commissions determined. Domestic and foreign listed companies at the same time since January 1st 2011 the first implementation of the enterprise internal control standard system. Domestic and foreign listed companies at the same time most of the industry benchmark enterprises holding the halo the first implementation of the enterprise internal control standard system. Has aroused the entire society widespread concern. The study of internal control and earnings quality has aroused great interest of many scholars. However, the conclusions of the study are quite different and there is no conclusion. Under the new system background, its relevance needs to be verified. This paper tries to comb the existing research results on the basis of advancing with the times, in the new system background, explore the relationship between internal control and earnings quality, follow up the implementation of the new system. For the theoretical field of internal control is in the ascendant research Yang wave flow. This paper takes the first batch of domestic and foreign listed companies which implement the internal control standard system of enterprises as the research object. On the basis of theoretical analysis, the paper tests the relationship between internal control and earnings quality by the method of empirical research. And try to explore the implementation of the implementation of the internal control system. Firstly, this paper expounds the theory of internal control and earnings quality, and analyzes the relationship between internal control and earnings quality based on the economic theory such as signal transmission. And put forward the research hypothesis of this paper. Secondly, in the empirical research part, the internal control index is taken as the alternative variable of internal control level. The absolute value of DA estimated by the cross-section modified Jones model is used to characterize the earnings quality, and the regression model is established. With the help of statistical software, descriptive statistical analysis, correlation analysis and multivariate linear regression analysis are used. The regression results show that there is a significant negative correlation between internal control and ABSMA, that is, there is a significant positive correlation between internal control and earnings quality. However, the implementation of the enterprise internal control standard system has not significantly improved the quality of earnings. Further test found that domestic and foreign listed companies at the same time before and after the implementation of the enterprise internal control standard system. There is no obvious change in the level of internal control. This is mainly because the promotion of the enterprise internal control system is a system engineering, can not be achieved overnight, the short-term failure to improve the level of enterprise internal control significantly. The degree of inhibition of internal control on earnings management activities has not been enhanced, and the earnings quality is not rising but falling. With the implementation of the new enterprise internal control standard system, deepening. The effect of the implementation of the new system will gradually appear, the level of internal control of enterprises will be gradually improved, the inhibition of earnings management activities will be gradually enhanced, and the quality of earnings will be steadily improved. Finally. On the basis of summing up the main conclusions of this paper, this paper puts forward three suggestions, points out the limitations of this study, and makes further research prospects.
【学位授予单位】：杭州电子科技大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F275;F830.91

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