内部控制、盈余管理与投资效率  

Internal Control,Earnings Management and Investment Efficiency

作　　者：谢丹[1] 何云[1] 高会[1] 

机构地区：[1]四川师范大学商学院

出　　处：《财会通讯（中）》2015年第7期33-36,129,共4页Communication of Finance and Accounting

摘　　要：本文基于我国沪深两市2011-2013年A股上市公司数据,研究内部控制、盈余管理与投资效率三者间的关系。结果表明,上市公司的盈余管理行为会降低投资效率,导致过度投资和投资不足;而自愿披露内部审计报告且获得合理保证的公司的投资效率高于没有披露内部审计报告的公司,即运行有效的内部控制能够抑制非效率投资;进一步研究发现,盈余管理会减弱内部控制对非效率投资的抑制作用。Using the A-share listed companies' data in Shanghai and Shenzhen Stock Exchange from 2011 to 2013,this paper have an empirical study on the relationship between internal control,earnings management and investment efficiency.The result shows that earnings management behavior of listing Corporation will reduce investment efficiency,leading to excessive investment and insufficient investment; besides,compared with the companies which are reluctant to disclose internal control audit reports,the investment efficiency of companies which disclose and obtain reasonable assurance is much higher,in other words,effective internal control can effectively restrain non-efficiency investment.The further study suggests that earnings management will decreases the influence of internal control on non-efficiency investment.

关 键 词：应计盈余管理 内部控制 非效率投资 

分 类 号：F275[经济管理—企业管理]