管理者过度自信、独立董事比例与会计信息可比性

Managerial Overconfidence,Proportion of Independent Directors and Comparability of Accounting Information

从行为金融学的角度,以2013-2020年中国A股上市公司为研究样本,对管理者过度自信和会计信息可比性之间关系以及独立董事比例在该关系中的作用加以探究。研究结果表明:管理者过度自信会削弱企业的会计信息可比性,且这种负向影响在非国有企业中更加明显;在独立董事比例较低的样本中,管理者过度自信对会计信息可比性的负向影响更为显著。

From the perspective of behavioral finance,the paper explores the relationship between managerial overconfidence and comparability of accounting information,and the role of the proportion of independent directors in the relationship,taking Chinese A-share listed companies from 2013 to 2020 as research samples.The results show that managerial overconfidence will weaken the comparability of accounting information,and this negative effect is more obvious in non-state-owned enterprises;In the sample with a low proportion of independent directors,managerial overconfidence has a more significant negative impact on the comparability of accounting information.