盈余管理与审计意见关系实证研究——基于股权激励的视角

An Empirical Research on the Relationship between Earnings Management and Audit Opinion

本文以我国2014年沪深两市A股上市公司为样本,根据盈余管理程度的不同将研究样本分成两组,通过对比实证结果来验证盈余管理与审计意见之间的相关性;再单独将盈余管理程度较大的样本作为研究对象,并加入股权激励这一变量,用来验证股权激励对盈余管理与审计意见之间的相关性的影响。研究表明,对于盈余管理程度较大的上市公司,盈余管理与非标准审计意见呈正相关关系,另外,盈余管理与非标准审计意见之间的相关性会因其实施了股权激励政策而增长。

In this paper,the sample of China's A- share listed companies in Shanghai and Shenzhen stock exchanges in 2014 is divided into two sub- samples according to the degree of earnings management.The empirical results show that there is a positive correlation between earnings management and audit opinion.And then use the sub- sample of the larger earnings management as the object of study,and add the equity incentive as a variable to test the impact of equity incentive on the correlation between earnings management and audit opinion.The results show that earnings management of listed companies with high earnings management is positively correlated with non- standard audit opinions.In addition,the positive correlation between the earnings management and the non- standard audit opinion will be strengthened in the listed companies with equity incentive.