盈余管理与审计意见关系的实证研究——基于非经营性收益的分析

Earnings Management and Audit Opinions:An Empirical Study Based on Non-operating Earnings

文章研究了中国上市公司通过非经营性活动进行盈余管理是否会影响其收到非标准无保留意见(后称非标意见)的可能性。我们的假设是:盈余管理越高的公司,收到非标意见的可能性越大。我们选取1998～2001年3009家A股上市公司进行实证研究,结果与我们的预期一致,支持原假设。我们进一步还对非标意见进行了归类分析,发现公司盈余管理行为仅仅会增加收到"带说明段无保留意见"的可能性,而对其他类型非标意见的出具则无显著影响。

This paper studies the possibilities of whether the frequency of receiving modified audit opinions (MAOs) is associated with earnings (management) through non-operating activities in the listed firms in China. We hypothesize that firms with more earnings management are more likely to be given MAOs. We made an empirical study by taking 3 009 listed A-share firms from 1998 to 2001, the results of which go with our hypothesis. After making further classifying analysis of MAOs, we discover that further (analysis) shows that earnings management of a firm can only increase the (possibility) of unqualified audit opinion with explanatory notes, while it does not have any significant influence on other type MAOs.