检索规则说明:AND代表“并且”;OR代表“或者”;NOT代表“不包含”;(注意必须大写,运算符两边需空一格)
检 索 范 例 :范例一: (K=图书馆学 OR K=情报学) AND A=范并思 范例二:J=计算机应用与软件 AND (U=C++ OR U=Basic) NOT M=Visual
作 者:邓建平[1]
机构地区:[1]厦门国家会计学院,厦门361005
出 处:《上海立信会计学院学报》2011年第6期28-37,共10页Journal of Shanghai Lixin University of Commerce
基 金:国家自然科学基金项目(70802011);福建省社科规划项目(2009B2018)
摘 要:以我国2004年-2008年583个A股民营上市公司为研究样本,实证检验了银行关联是否影响了审计意见与债务契约的关系。研究发现:审计信息与企业的债务契约关系紧密。当企业被出具了非标准审计意见之后,其借款融资(主要是短期借款)显著减少,而银行关联显著降低了非标准审计意见对债务契约的负面影响。进一步的研究还发现,非标准审计意见的出现会导致企业引入银行关联的高管。研究结论表明,在对债务契约的影响上,银行关联与审计意见存在显著的替代效应。Using sample of 583 China private listed companies between 2004 and 2008, this paper empirically analyzes the effect of banking connection on the relationship of auditing opinion and debt covenant. The research finding suggests that auditing information and the debt covenant are closely related. When non-standard auditing opinion is given, there is a noticeable reduction in company's debt covenant, especially the short-term borrowing. But banking connection greatly relieves this negative effect. Further, non-standard auditing information may resuh in company's employment of banking-connection managers to help achieve debt covenant. The research conclusion shows that there is an obvious substitution effect between banking connection and auditing opinion.
正在载入数据...
正在载入数据...
正在载入数据...
正在载入数据...
正在载入数据...
正在载入数据...
正在载入数据...
正在链接到云南高校图书馆文献保障联盟下载...
云南高校图书馆联盟文献共享服务平台 版权所有©
您的IP:216.73.216.229