制度环境对公司盈余管理影响研究

发布时间：2018-01-04 04:29

本文关键词：制度环境对公司盈余管理影响研究　出处：《大连理工大学》2013年硕士论文　论文类型：学位论文

【摘要】：契约动机、资本市场动机和政治成本动机等各种动机的存在,使得管理者可能利用各种手段进行盈余管理以实现个人利益,这种机会主义行为会损害投资者利益,影响资本市场的健康持续发展,因而如何有效抑制公司盈余管理是公司财务领域非常重要的热点课题之一。我国幅员辽阔,东西部政治经济和法治水平存在较大的不平衡,这种制度环境的不同会对公司财务政策的选择产生一定的影响,本文通过对中国制造业上市公司2003-2010年4484个样本的实证分析,研究了制度环境差异对公司应计项目盈余管理和真实盈余管理程度的影响和公司在一定制度环境下盈余管理方式的选择问题。本文的研究结果表明： (1)基于地区性差异的制度环境好坏会对公司盈余管理的程度产生负向的影响,且同时影响应计项口盈余管理和真实盈余管理,即制度环境好(差)的地区,公司的应计项口盈余管理和真实盈余管理程度均更低(高)： (2)一定制度环境下两种盈余管理的程度呈现同向增减的趋势,即制度环境好(差)的地区,管理者同向增加(减少)应计项目盈余管理和真实盈余管理的使用程度,管理者对于两种盈余管理方式的偏好和企业本身的特征相关。
[Abstract]:Contract motivation, capital market motivation and political cost motivation incentives, managers may make earnings management to achieve personal interests by various means, the opportunistic behavior will harm the interests of investors, the impact of capital market healthy and sustainable development, so how to effectively restrain the earnings management is one of the most important hot topic in the field of corporate finance.
China has a vast territory, there is a big imbalance of political economy and the level of the rule of law, have a certain impact of the institutional environment of different financial policy choice, through empirical analysis of China listed companies in 2003-2010 4484 samples, studied the differences of the institutional environment of the company impact of accruals earnings management and real earnings management degree and companies in the choice of earnings management mode under the circumstance of a certain system.
The results of this study show that:
(1) the quality system environment of regional differences on the extent of earnings management has negative influence on, and at the same time affect the accruals export earnings management and real earnings management, the system environment is good (poor) regions, the company export accrual earnings management and real earnings management degree was lower (high):
(2) the degree of two kinds of earnings management system under the environment of showing the same direction or trend, namely institutional environment good (poor) regions, managers to increase (decrease) should use the degree of project earnings management and real earnings management, management characteristics for two types of earnings management and corporate preference itself.

【学位授予单位】：大连理工大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F832.51

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