系族化经营与盈余管理程度的关系分析

Analysis of the Relationship between Family Operation and Degree of Earnings Management

本文采集了2011~2018年系族企业集团的样本,实证考察了系族集团规模、集团多元化程度与成员上市公司盈余管理程度的关系。研究发现,随着系族集团规模的增加,成员上市公司盈余管理程度先下降后上升;母子公司的业务相关性程度越高,成员上市公司的盈余管理程度越低。本研究有助于全面认识系族企业集团,也丰富了系族企业集团的相关研究。

This paper collects a sample of family enterprise groups from 2011 to 2018, and empirically examines the relationship between family group size, group diversification and the degree of earnings management of member listed companies. The study found that with the increase in the size of the family group, the degree of the earnings management of the member listed companies first declined and then increased;the higher the business relevance of the parent-subsidiary company, the lower the degree of earnings management of the member listed companies. This research is helpful to comprehensively understand the family enterprise group, and also enriches the related research of the family enterprise group.