管理层权力、审计师专长与会计稳健性--基于我国上市公司的经验证据

Managerial Power,Auditor Expertise and Accounting Conservatism——Based on Empirical Evidence of Listed Companies in China

选取2007—2018年我国上市公司及其管理层为研究对象,对管理层权力与会计稳健性的关系进行理论分析和实证研究。结果显示,异常管理层权力与会计稳健性呈显著负相关,当引入审计师专长后,异常管理层权力与稳健性之间的负向关系减弱;在采用工具变量法和差分方程进一步测试之后该结论依然成立。在以上研究结果的基础上,进一步提出了相关的政策建议。

This paper selects the listed companies in China and their management from 2007 to 2018 as the study object to conduct a theoretical analysis and empirical research on the relationship between managerial power and accounting conservatism.The study finds that an irregular management power was significantly negatively correlated with accounting conservatism.When auditor expertise was introduced,the negative relationship between the irregular management power and accounting conservatism decreased.The conclusion still holds after further testing with instrumental variable method and the differential equation.On the basis of the above research results,the article puts forward relevant policy recommendations.