期刊文献+

社会信用与企业盈余管理--基于社会信用体系示范城市建设的准自然实验 被引量:5

Social Credit and Enterprise Earnings Management——A Quasi-natural Experiment Based on the Social Credit System Demonstration City Construction
下载PDF
导出
摘要 以2007-2020年沪深A股上市公司为样本,利用社会信用体系示范城市建设刻画社会信用,并以此作为准自然实验,从盈余管理角度分析社会信用的治理效应。结果表明:社会信用显著降低了企业盈余管理程度,降低企业信息不对称程度、强化声誉机制的激励和约束效应是其发挥治理作用的重要路径;且社会信用对企业盈余管理的治理作用在地区法治水平较高、代理成本较高和地区互联网普及程度较高的企业更为明显。 Using a sample of the listed companies in Shanghai and Shenzhen A-shares markets from 2007 to 20209 we use the construction of social credit system demonstration cities to depict social credit,and take its implementation as a quasi-natural experiment to analyze the governance effect of social credit from the perspective of earnings management.The results show that social credit significantly reduces enterprise earnings management.Reducing the degree of information asymmetry in enterprises and strengthening the incentive and constraint effects o£reputation mechanisms are important paths for social credit to play a governance role.The governance effect of social credit on corporate earnings management is more obvious in enterprises with higher regional legal level s higher agency costs and higher regional Internet penetration.
作者 范润 孙雪娇 FAN Run;SUN Xuejiao(School of Accounting,Tianjin University of Finance and Economics,Tianjin 300222,China)
出处 《财经理论与实践》 CSSCI 北大核心 2023年第3期64-72,共9页 The Theory and Practice of Finance and Economics
基金 国家社会科学基金一般项目(22BGL057)。
关键词 社会信用 盈余管理 信息不对称 企业声誉 social credit earnings management information asymmetry corporate reputation
  • 相关文献

参考文献20

二级参考文献432

共引文献3526

同被引文献108

二级引证文献1

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部