公司治理因素对企业操控性应计项目的影响——从企业契约观和信号假说出发

The Effects of Corporate Governance on Discretionary Accrual

管理者通过会计政策选择对盈余产生影响,对这一现象存在不同的理论解释。本文结合企业契约方对会计政策选择的要求权和管理者对外传递私人信息的需要,研究盈余的操控性应计部分产生的驱动因素,发现盈余的操控性应计部分和公司治理因素存在显著的相关性;上市公司的控制人不同,操控性应计的影响因素及其影响程度也有所不同。

There are different theories to explain the effects of manager＇s accounting choices on earnings. Considering stakeholders＇ claims of accounting choices and managers＇ incentives to signaling, this article investigates what determine accounting discretion. It finds out that discretion accruals are obviously correlated with the corporate governance factors and when corporate are controlled by different ultimate controllers, the influences to discretion accruals are different.