境外上市对公司盈余管理的影响及其路径研究

发布时间：2018-01-15 06:34

本文关键词：境外上市对公司盈余管理的影响及其路径研究　出处：《上海财经大学学报》2013年03期 　论文类型：期刊论文

【摘要】：境外上市能否促进企业会计信息质量的提升尚无定论,本文以盈余质量衡量企业的会计信息质量,研究结论支持境外上市能有效提高公司的盈余质量和减少盈余管理现象,支持绑定理论对中国境外上市企业成立。本文进一步探讨绑定理论发挥效果的具体路径,通过对内部公司治理因素和外部投资者监督因素的分析,发现内部因素(审计委员会人数和聘请会计师事务所质量)和外部因素(分析师覆盖率)均对盈余质量的提高有显著影响,以此表明绑定效应是通过法律监督和外部市场监督两个方面同时发挥作用,内部动因和外部压力均会产生绑定效应。
[Abstract]:Whether overseas listing can promote the quality of enterprise accounting information is not conclusive. This paper uses earnings quality to measure the quality of enterprise accounting information. The research conclusion supports the overseas listing can effectively improve the earnings quality of companies and reduce earnings management phenomenon. Support binding theory for the establishment of listed enterprises outside China. This paper further discusses the binding theory to play the specific path, through the internal corporate governance factors and external investor supervision factors analysis. It is found that both internal factors (number of audit committees and quality of accounting firms employed) and external factors (analyst coverage) have a significant impact on the improvement of earnings quality. It is shown that the binding effect plays a role both through legal supervision and external market supervision, and both internal motivation and external pressure will produce binding effect.
【作者单位】：中国农业大学经济管理学院;上海财经大学金融学院;
【基金】：国家自然科学基金项目(71073100,71273164) 中央高校基本科研业务费专项资金项目(2013XJ007)资助上海财经大学“211工程”四期重点学科建设项目资助
【分类号】：F275.2
【正文快照】： 一、引言中国境外上市企业的会计信息质量越来越成为投资者关注的问题。理论上普遍认为企业在境外上市之后,相当于被绑定在更加严格的市场和制度环境之下,监管较强的市场能够有效约束大股东的行为,保护中小股东的利益,限制内部人从企业获得个人利益,会计质量的透明度和准确度

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