会计准则变迁、公司治理对盈余管理的影响分析——基于结构方程模型的实证研究

Effect Analysis of Accounting Standards' Change and Corporate Governance on Earnings Management:Empirical Study Based on Structural Equation Modeling

本文应用结构方程模型分析了2006年新会计准则实施前后会计准则变迁和公司治理对盈余管理的共同作用。结果表明:会计准则的应用仅改变了上市公司盈余管理的具体方法如从固定资产减值准备转回改为构造债务重组收入,却无法从总体上约束这些企业的盈余管理行为。且新会计准则实行后的2007-2009会计年度,上市公司的盈余质量有降低趋势,但对亏损公司调减利润的行为有改进。

The specific provisions of accounting standards and status of corporate governance commonly affects the extent of earnings management of listed companies. And this paper employs SEM （Structural Equation Modeling） to analyze the common effects on earnings management coming from the changes of accounting standards and the status of corporate governance before and after the implementation of new Accounting Standards in 2006. The results show that implementation of new accounting standards only changed the specific methods of earnings management, but cannot restrict earnings management of listed companies. From 2007 to 2009 after complementafion of new accounting standards, the earnings quality of listed companies was decreased. At the same time, it was low that effect binding to earnings management of corporate governance.From 2007 to 2009, the ability was decreased that the corporate governance restrained behaviors of adjusted profit increase with small profit companies. But there was improvement for corporate governance to restrict adjusted profit decrease with losses companies.