根據(jù)委托代理理論,所有權(quán)和控制權(quán)分離會導(dǎo)致經(jīng)營者為追求自身利益的最大化而犧牲所有者權(quán)益,從而呈現(xiàn)機會主義的行為傾向(詹森,梅克林,1976)。而這種機會主義行為給管理者提供了操縱公司財政信息的機會,由此謀取個人利益。為了保護利益相關(guān)者的權(quán)益,建立能夠有效控制財務(wù)信息不對稱問題的公司治理機制顯得至關(guān)重要。因此,國際上興起了建立與實施有效的公司治理機制的熱潮,以遏制管理者的機會主義行為,進而完善財務(wù)報告披露。本文以與英美國家制度、法律方面顯著不同的中國為研究對象,檢驗深滬兩市上市公司的公司治理特征對盈余管理的抑制效果。通過廣泛的考察中國公司治理體系的制度、法律及法規(guī),有助于了解中國公司治理的發(fā)展進程以及未來改革的主要目標(biāo)。中國有大量的文獻對公司治理在限制盈余管理方面體現(xiàn)的監(jiān)控作用進行了研究,研究結(jié)論證實了中國確實存在嚴(yán)重的盈余管理(例如,阿哈龍尼等,2000；陳和袁,2004)。中國上市公司進行盈余管理的主要目的是為了發(fā)行新股份或避免被摘牌。本文用異常的營運資金應(yīng)計項目作為盈余管理的代理變量,用修正的瓊斯模型來計算操控性應(yīng)計,以2002-2006年4年間1009家上市公司為樣本進行實證研究...

【文章頁數(shù)】：141 頁

【學(xué)位級別】：博士

【文章目錄】：
摘要
Abstract
Table of Contents
List of Tables
List of Figures
1 Introduction
    1.1 Motivation and Objectives of the study
    1.2 Findings of the Study
    1.3 Practical importance of the study
    1.4 Uniqueness of the study
    1.5 Structure of the dissertation
2 Review of Literature
    2.1 Earnings Management
    2.2 Corporate Governance
    2.3 Corporate Governance in China
        2.3.1 Introduction
        2.3.2 Agency problems in China
        2.3.3 Development Phases
        2.3.4 External Control Environment
        2.3.5 Internal Control Structure
    2.4 Corporate Governance and Earnings Management
        2.4.1 Board Composition
        2.4.2 CEO Duality
        2.4.3 Board Size
        2.4.4 Number of Board Meetings
        2.4.5 Managerial Share Ownership
        2.4.6 Gender-Based Difference
        2.4.7 Audit Committee
        2.4.8 Concentrated Ownership
3 Data, Variables and Research Methodology
    3.1 Data Description
    3.2 Research Questions
    3.3 Research Hypotheses
    3.4 Research Variable Conceptual and Operational Definitions
    3.5 Validity and Reliability
    3.6 Data Analysis Methodology
    3.7 Assumptions
    3.8 Limitations
4 Empirical Results
    4.1 Corporate Governance and Earnings Management in All Chinese Listed Firms (Shanghai & Shenzhen stock exchange)
    4.2 Corporate Governance and Earnings Management in Shanghai Stock Exchange Listed Firms in China
    4.3 Corporate Governance and Earnings Management in Shenzhen Stock Exchange Listed Firms in China
    4.4 Corporate Governance and Earnings Management in State Owned Enterprises in China
    4.5 Corporate Governance and Earnings Management in Private Enterprises in China
5 Discussion on Empirical Results
    5.1 Corporate Governance and Earnings Management in All Chinese Listed Firms (Shanghai & Shenzhen stock exchange)
    5.2 Corporate Governance and Earnings Management in Shanghai Stock Exchange Listed Firms in China
    5.3 Corporate Governance and Earnings Management in Shenzhen Stock Exchange Listed Firms in China
    5.4 Corporate Governance and Earnings Management in State Owned Enterprises in China
    5.5 Corporate Governance and Earnings Management in Private Enterprises in China
6 Summary and Conclusions
Acknowledgement
References
Publications



本文編號：4000357