独立董事监督力与盈余稳健性——基于中国上市公司的实证研究被引量：82

Supervision of Independent Directors and Earnings Conservatism:An Empirical Study Based on Chinese Listed Firms

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摘要本文采用规模、能力、意愿、环境四个维度衡量独立董事监督力,利用A股上市公司2002—2004年的数据,通过因子分析、通径分析等方法实证检验了独立董事监督力对盈余稳健性的影响,发现独立董事监督力对盈余稳健性有显著正向影响,且这种影响随公司治理的改善而增强;独立董事的履职环境对盈余稳健性的影响最大,其次是人数规模和会计专业能力,薪酬和声誉的影响则相对最小。 We empirically test the impact of supervision of independent directors on earnings conservatism,using a sample of Chinese listed firms for the period 2002-2004 and pioneering the use of Component Analysis and Path Analysis.We measure the supervision of independent directors with four dimensions,which are scale-dimension,competency-dimension,will-dimension and environment-dimension.We find that the supervision of independent directors had very significant positive effects on earnings conservatism and the environment-dimension had the most important effect.The effects of scale-dimension and competency-dimension were secondary and will-dimension had relative small influence on earnings conservatism.

作者赵德武曾力谭莉川

机构地区西南财经大学中国建设银行总行

出处《会计研究》 CSSCI 北大核心 2008年第9期55-63,共9页 Accounting Research

基金国家自然科学基金课题"中国上市公司募集资金投向变更行为的特征机制及模型研究"(项目批准号:70672113)的阶段性研究成果

关键词独立董事监督力盈余稳健性因子分析通径分析

分类号 F275 [经济管理—企业管理] F271 [经济管理—企业管理] F224 [经济管理—国民经济]

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