我国上市公司董事会特征与财务重述的相关性研究

发布时间：2018-06-03 00:53

本文选题：财务重述 + 董事会特征　；参考：《武汉科技大学》2014年硕士论文

【摘要】：上市公司财务重述现象愈演愈烈，财务重述不仅会影响重述公司本身股价，还会对证券市场的整体资源配置造成不利影响。如何降低财务重述的发生，可以从外部政策角度进行研究，同时内部公司治理对财务重述的影响也意义重大。国内外针对财务重述的研究集中于经济后果的研究，本文从公司治理角度，，从董事会特征着手研究如何降低上市公司财务重述。本文将董事会特征进一步分类为董事会规模特征、董事会独立特征、董事会行为特征与董事会激励特征。分别研究四类特征对财务重述的影响，进一步为董事会治理提供建议。我国自2007年实施财务重述制度，因此本文选取了深市自2008-2012年的数据来研究董事会特征与财务重述的关系。实证部分采用配对分析的方法分别对董事会的规模特征，独立特征，行为特征和激励特征与财务重述之间的关系进行研究。采用logistic回归模型，研究董事会具体特征会对财务重述产生的具体影响。结论表明，独立董事比例与财务重述显著负相关，前三名董事报酬比例与财务重述显著负相关，未领取报酬董事比例与财务重述显著正相关，董事会会议次数与财务重述显著正相关。
[Abstract]:The phenomenon of financial restatement of listed companies is becoming more and more serious. Financial restatement will not only affect the share price of the company itself, but also adversely affect the overall allocation of resources in the stock market. How to reduce the occurrence of financial restatement can be studied from the angle of external policy, and the influence of internal corporate governance on financial restatement is also significant. The research on financial restatement at home and abroad focuses on the economic consequences. From the perspective of corporate governance and the characteristics of the board of directors, this paper studies how to reduce the financial restatement of listed companies. In this paper, the characteristics of board of directors are further classified into the characteristics of board size, board independence, board behavior and board incentive. This paper studies the influence of four kinds of characteristics on financial restatement and provides suggestions for board governance. The financial restatement system has been implemented in China since 2007, so this paper selects the data from 2008 to 2012 to study the relationship between the characteristics of the board of directors and the financial restatement. In the empirical part, the relationship between the characteristics of board size, independence, behavior, motivation and financial restatement is studied by using the method of pairing analysis. Logistic regression model is used to study the specific influence of board characteristics on financial restatement. The results show that the proportion of independent directors is negatively correlated with financial restatement, the proportion of top three directors is negatively correlated with financial restatement, and the proportion of unpaid directors is positively correlated with financial restatement. There is a significant positive correlation between the number of board meetings and the financial restatement.
【学位授予单位】：武汉科技大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F275;F832.51

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