政治联系与会计稳健性:基于中国民营上市公司的经验证据被引量：21

Political Connections and Accounting Conservatism:Evidence from Chinese Private Listed Firms

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摘要本文利用2004～2007年期间我国民营上市公司的政治联系数据,实证检验了政治联系对会计稳健性的影响。研究结果表明,民营上市公司的政治联系降低了会计稳健性;民营上市公司关键高管的政治联系,对会计稳健性的影响更为显著。考虑到政治联系与会计稳健性之间可能存在的内生性,本文应用Heckman二阶段模型对内生性问题进行了控制,发现本文的基本结论保持不变。 The paper manually collects the data of political connections of Chinese private listed firms from 2004 to 2007 to test how political connections influences accounting conservatism. The results show that political connections does reduce accounting conservatism, and political connections of key top managers has stronger interpretibility for the influence on accounting conservatism than political connections of top managers excluding independent directors. After controlling possible endophytism between political connections and accounting conservatism with using 2SLS models of Heckman, the results remain no change.

作者杜兴强周泽将修宗峰

机构地区厦门大学管理学院

出处《经济管理》 CSSCI 北大核心 2009年第7期115-121,共7页 Business and Management Journal ( BMJ )

基金国家社会科学基金项目"会计准则会计信息质量与会计信息的契约有用性研究"(06CJY010) 教育部应急研究课题"公允价值会计稳健性与金融危机防范"(2009JYJR033)

关键词政治联系会计稳健性内生性关键高管 political connection accounting conservatism endophytism key top managers

分类号 F230 [经济管理—会计学]

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参考文献21

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