陕西省上市公司财务信息质量与经营绩效的关系研究

发布时间：2018-03-31 07:27

本文选题：财务信息质量　切入点：Benford定律　出处：《陕西科技大学》2017年硕士论文

【摘要】：财务数据是投资者、管理者以及竞争对手了解上市公司的主要渠道之一,随着经济的发展,市场竞争的加剧,社会中各种问题也日益凸显。近年来由于种种原因,上市公司粉饰财务数据,财务信息舞弊现象时有发生,严重干扰了正常的经济秩序,不仅影响到投资者的投资热情,而且威胁到上市公司的经营绩效。目前有许多学者都开始研究上市公司财务信息质量与经营绩效的关系,相关研究显示,财务信息质量披露较好的公司,经营业绩都相对较好,相反,经营业绩较差的公司,都倾向于粉饰财务数据,披露较少的财务信息,减少对公司的不利影响。在相关学者研究的基础上,本文的主要目的是建立相关模型,评价陕西省上市公司财务信息质量及经营绩效,并分析相关评价结果用以探究上市公司财务信息质量与经营绩效之间的相关关系,为上市公司提高财务信息质量,加大财务数据透明度,以此来为公司管理者管理公司、相关投资者进行业务投资提供理论帮助。本文通过借鉴国内外学者的相关研究成果,以管理学、经济学、会计学、统计学等学科为理论基础及方法指导,分析上市公司财务信息质量与经营绩效的关系。本文主要基于Benford定律构建上市公司财务信息质量评价模型,基于因子分析法构建上市公司经营绩效评价模型,最后基于描述性统计分析法、单因素方差分析法、相关分析法研究上司公司财务信息质量与经营绩效之间的关系。在本文的实证部分,选取陕西省39家上市公司2013年-2015年这3年的财务数据进行研究,运用Benford定律检测这39家上市公司财务报表中的资产负债表、利润表、现金流量表数据,并建立对上市公司财务信息质量评价指标体系,计算上市公司财务信息质量指数;同时经过综合考虑从公司每股能力、偿债能力、运营能力、成长能力四个方面选取17个指标,依据相关原则建立上市公司经营绩效评价指标体系,并采用因子分析法计算公因子,得出陕西省39家上市公司经营绩效的综合得分,最后通过描述性统计分析、单因素方差分析及相关分析等方法判断陕西省上市公司财务信息质量与公司经营绩效的相关关系,为我国上市公司改善财务信息质量,提高公司经营绩效提供理论及实际支撑。
[Abstract]:Financial data is one of the main channels for investors, managers and competitors to learn about listed companies. With the development of the economy and the intensification of market competition, various social problems have become increasingly prominent. Listed companies whitewash financial data, financial information fraud occurs from time to time, seriously interferes with the normal economic order, not only affect the investment enthusiasm of investors, At present, many scholars have begun to study the relationship between financial information quality and business performance of listed companies. Related studies show that companies with better financial information quality disclosure have relatively good operating performance. On the contrary, companies with poor operating performance tend to whitewash financial data, disclose less financial information, and reduce the adverse effects on the company. On the basis of the research by relevant scholars, the main purpose of this paper is to establish relevant models. To evaluate the financial information quality and management performance of listed companies in Shaanxi Province, and to analyze the correlation between financial information quality and operating performance of listed companies, and to improve the financial information quality of listed companies. To enhance the transparency of financial data to provide theoretical assistance for corporate managers to manage companies and related investors to invest in business. This paper uses the relevant research results of domestic and foreign scholars for reference, to management, economics, accounting, This paper analyzes the relationship between financial information quality and management performance of listed companies based on the theory and method of statistics. This paper mainly constructs the evaluation model of financial information quality of listed companies based on Benford's law. The performance evaluation model of listed companies is constructed based on factor analysis. Finally, it is based on descriptive statistical analysis, single-factor variance analysis, In the empirical part of this paper, the financial data of 39 listed companies in Shaanxi Province from 2013 to 2015 are selected to study the relationship between financial information quality and management performance. The data of balance sheet, profit statement and cash flow statement in the financial statements of 39 listed companies are tested by using Benford's law, and the evaluation index system of financial information quality of listed companies is established to calculate the financial information quality index of listed companies. At the same time, 17 indexes are selected from four aspects of the company's per share ability, solvency, operation ability and growth ability, and the evaluation index system of the listed company's operating performance is established according to the relevant principles. Using factor analysis method to calculate common factors, the comprehensive scores of 39 listed companies in Shaanxi Province are obtained. Finally, through descriptive statistical analysis, Single factor analysis of variance and correlation analysis provide theoretical and practical support for the improvement of financial information quality and performance of listed companies in Shaanxi Province by analyzing the relationship between financial information quality and business performance of listed companies in Shaanxi Province.
【学位授予单位】：陕西科技大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F275;F832.51

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