CFO背景特征对资产减值计提影响的实证研究

发布时间：2018-05-10 21:01

本文选题：CFO + 背景特征　；参考：《辽宁大学》2016年硕士论文

【摘要】：会计政策的选择一直是财务会计研究的重点领域研。早期的实证会计大多从经济与盈余管理的因素探讨公司会计政策选择的动机,而根据高层梯队理论及管理防御理论的观点,高管的背景特征能够影响到企业的战略与绩效,出于管理防御的需要对公司会计政策做出有利自身利益的选择。资产减值政策作为企业一项重要的会计政策,同样也可能因决策者个人特征而产生差异,由于CFO负责监督公司的财务报告过程,直接接触企业的财务信息,所以相对于其他高管他们能够对公司会计决策产生更加直接的影响,因此,本文在研究过程中主要关注CFO的个人背景特征对企业资产减值计提行为的影响。由于本文研究的是CFO的背景特征对资产减值计提行为的影响,选取2010年—2014年沪深两市A股制造业的上市公司的相关数据作为初始样本。建立回归模型对CFO背景特征与资产减值计提之间的关系进行实证研究。实证结果表明：女性CFO的管理防御程度更高,比男性CFO计提了更低比例的资产减值准备；CFO年龄与资产减值计提比例负相关,但是显著性较弱,可能受会计稳健性因素的影响；CFO的学历越高、任期越长计提资产减值准备的比例越高。通过后续的稳健性检验,证实了CFO的背景特征确实与企业会计政策的选择存在一定的相关性。最后根据实证得出的研究结论,针对CFO的背景特征因素,提出一些合理的政策建议：积极关注CFO的背景特征对公司会计信息质量的影响；完善股权激励机制；谨慎考虑CFO进入董事会决策；加强CFO职业道德建设。
[Abstract]:The choice of accounting policy has been the key area of financial accounting research. The early empirical accounting mostly discusses the motivation of the choice of corporate accounting policy from the factors of economy and earnings management. According to the theory of high-level echelon and management defense, the background characteristics of executives can affect the strategy and performance of enterprises. For the sake of management defense, the company's accounting policy should be chosen in favor of its own interests. As an important accounting policy of an enterprise, asset impairment policy may also have differences due to the individual characteristics of the decision-maker. Because CFO is responsible for supervising the financial reporting process of the company, it has direct contact with the financial information of the enterprise. Therefore, compared with other executives, they can have a more direct impact on corporate accounting decisions. Therefore, this paper focuses on the impact of the personal background characteristics of CFO on corporate asset impairment. Because this paper studies the influence of the background characteristics of CFO on the behavior of asset impairment, we select the relevant data of Shanghai and Shenzhen A share manufacturing companies from 2010 to 2014 as the initial sample. A regression model was established to study the relationship between CFO background characteristics and asset impairment. The empirical results show that the management defense level of female CFO is higher than that of male CFO, and the age of CFO is negatively correlated with the proportion of asset impairment, but the significance is weaker than that of male. The higher the degree of CFO is, the higher the proportion of impairment preparation is. Through the subsequent conservatism test, it is proved that the background characteristics of CFO do have certain correlation with the choice of enterprise accounting policy. Finally, according to the empirical research conclusions, in view of the background characteristics of CFO, some reasonable policy suggestions are put forward: to actively pay attention to the impact of background characteristics of CFO on the quality of corporate accounting information, to improve the equity incentive mechanism; Carefully consider the decision of CFO into the board of directors; strengthen the construction of CFO professional ethics.
【学位授予单位】：辽宁大学
【学位级别】：硕士
【学位授予年份】：2016
【分类号】：F406.7;F425;F272.92

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