摘要
基于真实盈余管理水平的角度,选取2010—2017年沪、深A股行业热门非金融类公司数据进行回归分析,验证融资管理、高管治理和真实盈余管理的相关性,得出以下结论:融资约束水平和高管管理水平对真实盈余管理有显著的正向影响。在人数较多的大规模企业中,三者之间的正向作用更加突出且存在着反作用力,反向促进企业提升管理能力。因此,提升薪资水平与完善企业治理体系并建立成熟的监督管理机制,有利于降低真实盈余水平,使企业面临决策时保持稳健的管理。
From the perspective of actual earnings management, this paper selects data of popular non-financial companies in Shanghai and Shenzhen A-share stock markets between 2010 and 2017 and carries out a regression analysis in the hope of testing the correlation among financing management, executive governance and actual surplus management. The conclusions are that there is a significant positive influence on actual surplus management from financing constraints and the level of executive governance. In large-scale enterprises with a large number of people, the positive role between the three is more prominent and there is a reaction force, which in turn promotes the improvement of management capabilities of enterprises. Therefore, it is conducive to reducing the actual surplus and maintaining a sound management in times of decision-making by raising the salary level, perfecting the corporate governance system, and establishing a mature supervision and management mechanism.
作者
贾新忠
袁卫秋
JIA Xin-zhong;YUAN Wei-qiu(Shandong Management University, Jinan 250357 , China;Department of Accounting and Auditing, Nanjing Audit University Jinshen College, Nanjing 210046 , China)
出处
《经济经纬》
CSSCI
北大核心
2019年第2期110-117,共8页
Economic Survey
基金
国家社会科学基金项目(18BJY108)
关键词
融资约束
高管治理
真实盈余管理
Financial Constraint
Executive Governance
Actual Surplus Management
作者简介
贾新忠(1979-),男,山东淄博人,博士,副教授,主要从事企业管理创新、电子商务研究;袁卫秋(1972-),男,江苏泰州人,博士,副教授,主要从事盈余管理研究。
