公允性盈余管理論文：我國(guó)上市公司盈余管理公允性與會(huì)計(jì)盈余信息質(zhì)量的相關(guān)性研究

1、公允性盈余管理論文：我國(guó)上市公司盈余管理公允性與會(huì)計(jì)盈余信息質(zhì)量的相關(guān)性研究【中文摘要】近年來(lái),盈余管理越來(lái)越引起了國(guó)內(nèi)外各方的廣泛關(guān)注。人們的直觀判斷和已有的研究結(jié)論都已證實(shí)了中國(guó)上市公司也存在盈余管理的普遍現(xiàn)象,而且盈余管理不利的一面幾乎使得盈余管理也成為人們觀念中的信息失真或造假的代名詞。然而,我國(guó)股票市場(chǎng)也得到了蓬勃發(fā)展,已經(jīng)從最初的“消息市”逐漸趨向理性市場(chǎng),對(duì)已公開信息具有較快的反應(yīng)速度。而且上市公司的會(huì)計(jì)盈余數(shù)字具有很高的信息含量,進(jìn)而影響其股票價(jià)格。另一方面,投資者也越來(lái)越憑借各種有價(jià)值的信息來(lái)進(jìn)行投資決策。這些都使得我們看到了盈余管理有利的一面。因此,本文先從客觀條件與內(nèi)生動(dòng)

2、力來(lái)了解非公允性盈余管理產(chǎn)生的根源、從盈余管理程度的再認(rèn)識(shí)中來(lái)評(píng)價(jià)現(xiàn)有的一種錯(cuò)誤觀念,這種錯(cuò)誤在于沒有將盈余管理區(qū)分為公允性與非公允性盈余管理。接著,從我國(guó)會(huì)計(jì)準(zhǔn)則制定的初衷、內(nèi)生動(dòng)因來(lái)解讀公允性盈余管理內(nèi)涵,并基于審計(jì)足夠的獨(dú)立與專業(yè)勝任能力的條件下探索性地用審計(jì)意見作為區(qū)分標(biāo)準(zhǔn),把盈余管理區(qū)分為公允性與非公允性盈余管理,并從理論上和實(shí)證上探討其合理性。然后,再?gòu)呢?cái)務(wù)會(huì)計(jì)理論的基本問(wèn)題與決策有用性信息學(xué)兩個(gè)角度分析了有效市場(chǎng)對(duì)公允性與非公允性盈余管理具有不同反應(yīng),即通過(guò)盈余反應(yīng)系數(shù)來(lái)考察公允性與非公允性盈余管理的會(huì)計(jì)盈余信息質(zhì)量的差異。在實(shí)證中,本文以2009年滬深兩市制造行業(yè)作為研究對(duì)象,

3、經(jīng)過(guò)篩選,得到102家公司的樣本,其中:公允性盈余管理樣本82家、非公允性盈余管理樣本30家。然后,采用了線性回歸模型與非參數(shù)檢驗(yàn)兩種方法來(lái)進(jìn)行實(shí)證研究,主要研究結(jié)論:(1)我國(guó)上市公司的會(huì)計(jì)盈余有一定的信息含量;(2)如果公司采用公允性盈余管理,其會(huì)計(jì)盈余信息質(zhì)量就較高,如果公司采用非公允性盈余管理,其會(huì)計(jì)盈余信息質(zhì)量就較低,且采用公允性盈余管理的公司比非公允性盈余管理的公司在會(huì)計(jì)盈余信息質(zhì)量要高;(3)如果公司采用了非公允性盈余管理,其盈余管理的程度與會(huì)計(jì)盈余信息質(zhì)量負(fù)相關(guān)?！居⑽恼縄n recent years, earnings management (EM) has drawn

4、increasing attention of domestic and foreign parties. Peoples intuitive judgment and existing research results have confirmed that Chinas listed companies also have the common phenomenon of EM. The disadvantageous side of EM has become almost the information distortion or concoct pronoun. However, C

5、hinas stock market has developed vigorously and has gradually inclined from original “news market” to rational market. It has the quick reaction rate to the public information. The accounting earnings of listed companies have strong information content, and then affect their stock price. On the othe

6、r hand, investors also more and more rely kinds of valuable information to carry on their investment decision. All these make us see the advantageous side of EM.Therefore, this paper begins with the objective conditions and endogenous motivation to discuss the reason why unfairness EM produced. It h

7、as new understanding about EM level to evaluate an existing wrong idea that EM do not divided into fairness EM and unfairness EM, and then interprets fairness EM connotation from the original intention of setting accounting standards and intrinsic motivation. Based on audit of enough independence an

8、d professional competence conditions,it further explores to use the audit opinion as distinguish standard of EM into fairness EM and unfairness EM. Finally, it uses earnings response coefficient to examine differences in accountancy surplus information quality between fairness EM and unfairness EM f

9、rom both the basic problem of financial accounting theory and decision usefulness of information science.In the empirical study, this paper selects manufacturing industry in Shanghai and Shenzhen in 2009 as research subjects, and then obtains 102 samples including 82 fairness samples and 30 unfairne

10、ss samples after selecting, and further empirically tests research hypotheses by Using the linear regression model and non-parametric test. The main conclusions are summarized as follows: (1) the accounting surplus of Chinas listed companies has certain information content; (2) if a company adopted

11、fairness EM, its accountancy surplus information quality would be higher, if a company adopted unfairness EM, its accountancy surplus information quality would be lower, and the former would be higher than the latter; (3) if a company adopted unfairness EM, EM degree and accountancy surplus informat

12、ion quality would be negatively correlated.【關(guān)鍵詞】公允性盈余管理 非公允性盈余管理 審計(jì)意見 會(huì)計(jì)盈余信息質(zhì)量【英文關(guān)鍵詞】fairness EM unfairness EM audit opinion accountancy surplus information quality【目錄】我國(guó)上市公司盈余管理公允性與會(huì)計(jì)盈余信息質(zhì)量的相關(guān)性研究摘要3-5Abstract5-6第1章 緒論9-191.1 研究背景及研究意義9-101.1.1 研究背景9-101.1.2 研究目的與意義101.2 國(guó)內(nèi)外相關(guān)研究綜述10-161.2.1 關(guān)于公允性與非公

13、允性盈余管理概念研究綜述10-121.2.2 盈余管理與會(huì)計(jì)信息質(zhì)量相關(guān)性研究綜述121.2.3 關(guān)于盈余管理的市場(chǎng)反應(yīng)研究綜述12-141.2.4 關(guān)于會(huì)計(jì)信息質(zhì)量的影響因素研究綜述14-161.3 本文研究的內(nèi)容結(jié)構(gòu)和研究方法16-171.3.1 內(nèi)容結(jié)構(gòu)16-171.3.2 研究方法171.4 本文研究的創(chuàng)新和特色之處17-181.5 本文研究的邏輯思路圖18-19第2章 非公允性盈余管理的內(nèi)涵19-252.1 非公允性盈余管理概念19-202.2 從非公允性盈余管理產(chǎn)生的客觀條件角度20-212.2.1 信息不對(duì)稱理論分析202.2.2 契約理論分析20-212.2.3 會(huì)計(jì)準(zhǔn)則分析2

14、12.3 從非公允性盈余管理產(chǎn)生的動(dòng)因角度21-222.3.1 債務(wù)契約動(dòng)力分析21-222.3.2 分紅計(jì)劃動(dòng)力分析222.3.3 資本市場(chǎng)動(dòng)力分析222.4 對(duì)盈余管理程度的再認(rèn)識(shí)22-242.4.1 盈余管理程度的方法22-232.4.2 對(duì)盈余管理程度的評(píng)價(jià)23-242.5 本章小結(jié)24-25第3章 公允性盈余管理的內(nèi)涵25-383.1 公允性盈余管理概念25-263.2 從會(huì)計(jì)準(zhǔn)則制定的初衷角度26-303.2.1 關(guān)于會(huì)計(jì)政策選擇的規(guī)定分析26-283.2.2 關(guān)于會(huì)計(jì)估計(jì)做出的規(guī)定分析28-293.2.3 關(guān)于會(huì)計(jì)信息披露的規(guī)定分析29-303.3 從公允性盈余管理產(chǎn)生的動(dòng)因角度

15、30-323.3.1 企業(yè)整體內(nèi)生動(dòng)力分析303.3.2. 契約性動(dòng)力分析30-313.3.3 市場(chǎng)動(dòng)力基礎(chǔ)分析31-323.4 從審計(jì)意見區(qū)分角度32-373.4.1 基于注冊(cè)會(huì)計(jì)師執(zhí)業(yè)準(zhǔn)則的定性分析32-3 區(qū)分合理性的理論依據(jù)32-3 區(qū)分合理性的前提條件34-353.4.2 基于標(biāo)準(zhǔn)審計(jì)意見與非標(biāo)準(zhǔn)審計(jì)意見比較的定量分析35-373.5 本章小結(jié)37-38第4章 盈余管理公允性與會(huì)計(jì)盈余信息質(zhì)量的相關(guān)性38-464.1 相關(guān)性研究的基礎(chǔ)理論38-414.1.1 會(huì)計(jì)盈余信息質(zhì)量概念38-394.1.2 從財(cái)務(wù)會(huì)計(jì)理論的基本問(wèn)題分析39-404.1.3 從

16、決策有用性信息學(xué)分析40-414.2 相關(guān)性研究的前提條件、方法與假設(shè)41-454.2.1 研究的前提條件41-434.2.2 研究方法43-444.2.3 研究假設(shè)44-454.3 本章小結(jié)45-46第5章 盈余管理公允性與會(huì)計(jì)盈余信息質(zhì)量的相關(guān)性實(shí)證檢驗(yàn)46-675.1 樣本的選擇與來(lái)源46-475.1.1 樣本的選擇46-475.1.2 樣本的來(lái)源475.2 變量的設(shè)計(jì)47-505.2.1 盈余反應(yīng)系數(shù)(ERC)的確定與計(jì)算47-495.2.2 非公允性盈余管理程度的度量方法49-505.2.3 變量的定義505.3 實(shí)證結(jié)果50-655.3.1 關(guān)于審計(jì)意見作為區(qū)分標(biāo)準(zhǔn)的合理性實(shí)證檢驗(yàn)50-525.3.2 關(guān)于盈余管理公允性與會(huì)計(jì)盈余