审计意见、政治关联与高管变更  

Audit Opinions,Political Connections and Top Management Turnover

作　　者：王成方[1] 叶若慧[1] 于富生[1] 

机构地区：[1]中国人民大学商学院,北京100872

出　　处：《上海立信会计学院学报》2012年第5期42-49,共8页Journal of Shanghai Lixin University of Commerce

基　　金：教育部人文社科基金项目(09YJA790195;12YJC630116)

摘　　要：公司是否因为被出具非标意见而变更高管是反映委托代理问题和公司治理效率的重要方面。研究发现,公司审计意见为非标时,高管变更的概率更大;相对于没有政治关联的公司来说,有政治关联的公司被出具非标意见时高管变更的概率更低。研究结论为完善公司高管考评体系和公司治理机制、培育和发展职业经理人市场提供了参考和依据。Turnover of top management on account of non-standard opinions reflects the execuuve agency problem and corporate governance efficiency. The research finds that standard audit opinions are positively correlated with top management turnover. Further study finds that the probability of top manage- ment turnover in companies with political connections is lower than that without political connections. The conclusion has implications on the improvement of management performance evaluation system and govern- ance mechanism, and the development of the professional manager market.

关 键 词：审计意见 政治关联 高管变更 公司治理 

分 类 号：F239[经济管理—会计学]