摘要
使用动态面板对操纵性应计模型进行估计可以克服截面数据模型的内生性估计偏误。采用1999—2011年中国A股市场相关数据,对动态面板模型和其他模型的检测能力进行比较,结果表明:在对第Ⅱ类错误进行检验时,动态面板模型检测能力显著优于其他模型;在对第Ⅰ类错误、审计师意见检验时,动态面板模型检测能力与其他模型接近。
It is going to discuss two kinds of endogeneities of the cross-sectional discretionary-accruals model that will conclude as a biased estimator. The author proposes to use the Dynamic Panel Data method to estimate the discretionary-accruals models. Using historical data of A-share listed companies from 1999 to 2011, the Dynamic Panel Data model and other Discretionary-ac- cruals models are campared. The evaluation shows that DPD model can catch the Type-II errors more efficiently while the DPD model is as good as other models in model specification at the type-I error test and auditor opinions robust check test.
出处
《南京审计学院学报》
2014年第1期78-88,共11页
journal of nanjing audit university
关键词
盈余管理
动态面板
操纵性应计模型
模型效力
上市公司
盈余操纵行为
总应计模型
earnings management
dynamic panel data
discretionary-accruals model
model validity
listed company
earn- ings discretionary-behavior
general-accruals model