利益相关者利益均衡的上市公司盈余管理研究

摘要本文以我国 2012-2015 年 A 股上市公司为总体样本，搜集与企业利益相关者和盈余管理相关的数据，对解释变量利益均衡程度与盈余管理程度进行设计，通过回归模型检验了利益相关者利益均衡程度与盈余管理的关系。研究数据表明，利益相关者利益均衡程度与盈余管理程度存在显著负相关关系，即利益相关者利益越均衡，盈余管理程度越小。基于利益均衡程度对盈余管理程度的影响，进一步研究验证，是否利益均衡程度对不同方向的盈余管理的影响力度有所不同。基于盈余管理方向对总体样本进行分类，研究表明，利益相关者利益均衡程度与正向盈余管理呈现显著负相关关系，而利益均衡程度与负向盈余管理没有明显的相关关系。最终本文得出，各利益相关者的利益博弈对正向盈余管理有较强的制衡作用，而利益相关者对负向盈余管理关注度还较少。总体来说，不论正向还是负向盈余管理，利益越均衡，其进行盈余管理程度越小。 79050

关键词利益相关者利益均衡盈余管理

Title Relationship between Stakeholders Interests Balance and Earnings Management of Listed Companies

Abstract This paper selects the A shares in China to be the sample, and collects the statistics on stakeholders and earnings management。 Moreover, this paper design the models to measure the balance of interests and earnings management , using regression model to prove the relationship between balance of interests and earnings management。 The data shows that there exists negative relation between balance of interests and earnings management。 That is to say, when stakeholders’ interests are balanced in a higher degree, the corporation may have the lower degree of earnings management。 Based on the research of hypothesis one, the further research on hypothesis two and three are about whether the balance of interests has different effects on earnings management of different directions。 Then the whole sample is classified into two groups based on the positive earnings management and negative earning management。 The results show that there exists negative relation between degree of balancing stakeholders’ interests and positive earnings management, while there isn’t any distinct relationship between degree of balancing stakeholders’ interests and negative earnings management。

Keywords stakeholders balance of interests earnings management

本科毕业论文第 I 页

1 绪论。。。 1

1。1 研究背景与意义。。。 1

1。2 研究内容与方法。。。 2

1。3 国内外文献综述。。。 3

1。4 创新点与不足。 6

2 概念界定与相关理论。 8

2。1 概念界定。 8

2。2 相关理论。 9

3 理论分析与研究假设 12

3。1 理论分析 12

3。2 研究假设 13

4 实证设计。。。 16

4。1 样本选取与数据来源。。 16

4。2 被解释变量。。 16

4。3 解释变量 18

4。4 控制变量 22

4。5 模型设计 23

5 实证结果分析。。 24

5。1 描述性统计。。 25

5。2 相关性分析。。 29

5。3 回归分析 32

5。4 研究结论 39 利益相关者利益均衡的上市公司盈余管理研究:http://www.youerw.com/kuaiji/lunwen_91255.html