独立董事制度的有效性:基于盈余管理视角

The Effectiveness of Independent Director System-Perspective Based on Surplus Management

本文从盈余管理的视角研究我国独立董事制度的有效性,为我国独立董事制度的完善提供实证支持。结果发现,具有会计专业能力的上市公司独立董事人数越多,盈余管理程度越低;独立董事薪酬越高,上市公司盈余管理程度越高。但没有发现独立董事比例、履职环境与其盈余管理程度具有显著的相关关系。

This paper studies the effectiveness of independent director system in China from the perspective of surplus management, and tries to provide empirical support for the perfection of independent director system. The result shows that the more independent directors who have professional accounting capability in a listed company, the lower the surplus management degree; the higher salaries of independent directors, the higher the surplus management degree in a listed company. While the result did not show that there are obvious relevant relationship among the ratio of independent directors, performance environment and surplus management degree.