论文标题:股权结构对会计信息质量影响的实证研究
An Empirical Study of the Impact of Ownership Structure on the Quality of Accounting Information
论文作者
论文导师 石本仁,论文学位 硕士,论文专业 会计学
论文单位 暨南大学,点击次数 114,论文页数 55页File Size3410K
2007-05-01论文网 http://www.lw23.com/lunwen_725663787/
ownership structure; the ability of other shareholders; accounting information quality; the informativeness of earnings
会计信息质量一直是我国相关政府部门关注的焦点，2006年新《企业会计准则》颁布的目的就是要规范企业会计确认、计量和报告行为，从而保证会计信息质量。然而，高质量的会计准则并非必然导致高质量的会计信息质量，公司治理等影响因素也制约着会计信息质量的提高。要想使会计信息质量得到切实的提高，就必须关注这些因素的影响。由于股权结构在很大程度上决定了公司治理的模式和效率，因此，股权结构也会对会计信息质量产生重要影响。 本文以盈余信息含量作为会计信息质量的衡量指标，采用分组回归等方法对我国2002——2004年A股上市公司的数据进行分析，研究了股权结构中其他股东制衡能力和第一大股东国有股性质这两个因素对会计信息质量的影响，发现适当的其他股东制衡能力有助于会计信息质量的提高，股权分散尤其不利于会计信息质量的改善，这表明在当前的环境下，一定的股权集中同时辅以其他股东适当制衡的股权结构，既能保证第一大股东对管理层的监督动机和能力，还能对第一大股东的侵占行为形成一定的约束，从而最终促使会计信息质量得到提高；此外，本文还发现，第一大股东国有股性质对会计信息质量具有一定的影响，但这一影响具有不确定性，需具体情况具体分析。
The quality of accounting information is always the focus of our government. The objective of the new corporation accounting standard which was issued in 2006 is to stipulate recognition, measurement and reporting of financial accounting and assure the quality of accounting information. But high-quality accounting standard may fail to bring high-quality accounting information. Corporate governance and other factors will hinder us to improve the quality of accounting information. If we want to ensure accounting information quality, we must take these factors into account. Because corporate ownership structure determines the mode and efficiency of corporate governance, corporate ownership structure will also affect accounting information quality. We use the informativeness of earnings to measure the quality of accounting information. We examine how the ability of other shareholders and the state-owned shareholder to affect accounting information quality according analyzing the corporations" data from 2002 to 2004. We find that appropriate ability of other shareholders can improve accounting information quality. Too high ability will take negative affection. In other words, appropriate concentrated ownership and ability of other shareholders will make the first shareholder can monitor the managers and form some limitation to the first shareholder at the same time, and improve the quality of accounting information finally. We also find state-owned shareholder will affect accounting information quality too. But the affection is uncertain. We must make concrete analysis of concrete condition.
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