会计稳健性对企业过度投资的影响——基于不同终极控制权视角
发布时间：2018-11-28 14:05
【摘要】：本文以2010—2013年中国沪深A股上市公司为样本,研究中央政府终极控股企业(央企)、地方政府终极控股企业(地方国企)和私有产权控股企业(私企)的会计稳健性与过度投资水平差异以及会计稳健性对过度投资的影响。实证结果表明:三组企业中,私企的会计稳健性最高,过度投资水平最低;央企的会计稳健性高于地方国企,地方国企的过度投资水平则高于央企。会计稳健性在私企发挥了缓解过度投资行为的治理效应,但在地方国企和央企均不显著。
[Abstract]:Based on the sample of China's Shanghai and Shenzhen A-share listed companies from 2010 to 2013, this paper studies the ultimate central government holding enterprises (SOEs). The difference between accounting conservatism and over-investment level of local government ultimate holding enterprises (local state-owned enterprises) and private property rights holding enterprises (private enterprises) and the influence of accounting conservatism on over-investment. The empirical results show that: among the three groups of enterprises, the accounting conservatism of private enterprises is the highest, the level of over-investment is the lowest, the accounting conservatism of central enterprises is higher than that of local state-owned enterprises, and the level of over-investment of local state-owned enterprises is higher than that of central enterprises. Accounting conservatism has played a governance role in alleviating excessive investment behavior in private enterprises, but it is not significant in local state-owned enterprises and central enterprises.
【作者单位】： 东华大学旭日工商管理学院;上饶师范学院经济与管理学院;
【基金】：上海市自然科学基金项目(13ZR1401400) 上海市教委科研创新项目(ZX201506000007)
【分类号】：F275
[Abstract]:Based on the sample of China's Shanghai and Shenzhen A-share listed companies from 2010 to 2013, this paper studies the ultimate central government holding enterprises (SOEs). The difference between accounting conservatism and over-investment level of local government ultimate holding enterprises (local state-owned enterprises) and private property rights holding enterprises (private enterprises) and the influence of accounting conservatism on over-investment. The empirical results show that: among the three groups of enterprises, the accounting conservatism of private enterprises is the highest, the level of over-investment is the lowest, the accounting conservatism of central enterprises is higher than that of local state-owned enterprises, and the level of over-investment of local state-owned enterprises is higher than that of central enterprises. Accounting conservatism has played a governance role in alleviating excessive investment behavior in private enterprises, but it is not significant in local state-owned enterprises and central enterprises.
【作者单位】： 东华大学旭日工商管理学院;上饶师范学院经济与管理学院;
【基金】：上海市自然科学基金项目(13ZR1401400) 上海市教委科研创新项目(ZX201506000007)
【分类号】：F275
【相似文献】
相关期刊论文 前10条
1 徐凯;;会计稳健性产生的原因探析[J];商场现代化;2008年01期
2 陈国辉;汪要文;;理解会计稳健性[J];会计之友(上旬刊);2008年07期
3 田笑丰;杨扬;;浅析会计稳健性产生的原因[J];中国集体经济;2010年16期
4 白朝贤;;试论产权保护、公允价值与会计稳健性问题[J];财经界(学术版);2011年08期
5 钟宜彬;;会计稳健性与公司治理的关系:替代或补充[J];财会月刊;2011年24期
6 黄文;;会计稳健性、税收动机与企业性质[J];财会月刊;2011年27期
7 黄冬萍;;公允价值与会计稳健性研究[J];时代金融;2011年35期
8 范强;;会计稳健性与公司治理的关系论述[J];商业文化(下半月);2012年01期
9 宫丽丽;;会计稳健性的经济后果探析[J];科技与企业;2012年11期
10 赵春阳;;后金融危机时代公允价值计量对会计稳健性影响的实证分析[J];中共贵州省委党校学报;2012年06期
相关会议论文 前10条
1 魏U嗗，
本文编号：2363063
本文链接：https://www.wllwen.com/jingjilunwen/xmjj/2363063.html
