| 控股股东性质、利益输送与盈余管理幅度——来自中国A股公司首次亏损年度的经验证据 |
| |
| 引用本文： | 雷光勇,刘慧龙.控股股东性质、利益输送与盈余管理幅度——来自中国A股公司首次亏损年度的经验证据[J].中国工业经济,2007(8):90-97. |
| |
| 作者姓名： | 雷光勇 刘慧龙 |
| |
| 作者单位： | 对外经济贸易大学国际商学院 北京100029(雷光勇)，北京大学光华管理学院 北京100871(刘慧龙) |
| |
| 基金项目： | 国家社会科学基金项目“股权分置改革的会计后果及其监控研究”(批准号07BJY029) |
| |
| 摘 要： | 本文研究了大股东从公司向自身"输送利益"与公司预期获取大股东"利益输送"的机会,对公司首次亏损年度负向盈余管理幅度的影响。证据表明,大股东资金占用的规模越大,公司可运用于改善经营管理的财务资源越少,公司进行负向盈余管理的幅度越大;当第一大股东为非经营性股东,公司流通股比例越大时,其获取大股东利益输送的机会越少,公司进行负向盈余管理的幅度越大。
|
| 关 键 词： | 资源侵占 利益输送 亏损企业 盈余管理 |
| 文章编号： | 1006-480X（2007）08-0090-08 |
| 修稿时间： | 2007-06-27 |
Nature of Control Shareholder, Tunneling and Magnitude of Earnings Management |
| |
| LEI Guang-yong, LIU Hui-long.Nature of Control Shareholder, Tunneling and Magnitude of Earnings Management[J].China Industrial Economy,2007(8):90-97. |
| |
| Authors: | LEI Guang-yong LIU Hui-long |
| |
| Institution: | Business School, University of International Business and Economics, Beijing 100029, China; Guanghua Management School, Peking University, Beijing 100871, China |
| |
| Abstract: | It is prevalent of firms to adopt opposite earnings management to take a big bath in the first loss year, which aims to shift negative earnings to positive earnings in next years. This paper investigates the effect of tunneling and propping on firms' earnings management. Our evidence shows that the magnitude of opposite earnings management increases with the funds extracted by large shareholders increasing and the opportunity of getting propping from large shareholders decreasing. |
| |
| Keywords: | expropriation tunneling loss firms earnings management |
| 本文献已被 CNKI 维普 等数据库收录！ |
