公司控制权与会计信息质量关系的实证研究——基于信息技术业2010～2012年上市公司面板数据

An Empirical Research of the Relationship between the Quality of Accounting Information and the Control Power of Corporation:Panel Date based on IT Listed Companies of China in 2010～2012

借鉴利益相关者理论,将公司控制权分为投资者控制权、管理层控制权和债权人控制权,构建了公司控制权的利益相关者模型。以信息技术业51家上市公司2010～2012年的数据为样本,运用面板数据模型,研究了公司控制权对会计信息质量的影响。研究结果表明:上市公司控股股东持股比例与上市公司会计信息质量呈显著的负相关关系,管理层持股比例、资产负债率对会计信息质量具有正向影响,但未能通过显著性检验。研究为上市公司及监管层提升会计信息质量提供了经验借鉴。

In view of the theory of stakeholders , the paper divides the control power of corporation into investors’ control,managers’ control and control of creditors ,which builds the control model of stakeholders.The paper researches the relationship of the control power of corporation and the quality of accounting information using the method of panel data of 51 IT listed companies in 2010-2012.The result shows that the controlling shareholder has a negative correlation to the quality of accounting information.Though they are not significant , management ownership and asset -liability ratio have positive effects on the quality of accounting information.The results provide listed companies and regulators with experience and reference for enhancing quality of accounting information .