试论代理关系与盈余管理

On Agency Relation and Surplus Management

论述了代理关系与盈余管理之间的关系。认为股东与管理当局之间存在的委托代理关系是盈余管理产生和发展的基本条件,代理人竞争是盈余管理的重要影响因素,代理人追求自身效用最大化是盈余管理目的多元化的动因,并认为理顺代理关是控制盈余管理的有效途径。

The connection between agency relation and surplus management is discussed in the paper and the author is of the opinion that the existence of a commissioned agency relation between shareholders and the administrative authority is a basic condition for the development of surplus management, the competition between agents has a significant influence on surplus management, maximum utility pursued by the agent is the incentive for a pluralized surplus management and a proper agency relation provides an effective means for controlling surplus management.