资产质量与公司违规行为

文章以2003—2015年我国A股上市公司为研究样本，探讨了公司的资产质量对公司违规行为的影响。研究表明，良好的资产质量能够减少公司的违规行为，这种影响在控制了可能的内生性问题后依然显著。此外，文章还发现，资产质量对信息披露违规的影响较大，而在非信息披露违规中不显著；公司所处的内外部环境显著影响资产质量的治理效果。文章的研究结论丰富了公司违规行为影响因素方面的文献，为我国会计准则改革的必要性提供了证据支持。

Asset Quality and Corporate Fraud

Using the data of all publicly listed firms in China from 2003 to 2015, this paper examines whether the asset quality affects the probability of firms’ committing frauds. The results show that good asset quality can significantly decrease the probability of firms’ committing frauds. These results are still robust after addressing potential endogenous problems. In addition, this paper finds that the negative impacts of asset quality on corporate fraud is not significantly in non-information disclosure fraud. This paper also finds that the internal and external environments of the firms can influence the negative impacts of asset quality on corporate fraud. The findings contribute to the literature by identifying an important factor which can affect corporate fraud and provide evidence for the necessity of the reform of accounting standards in China.