中国上市公司应计利润操控特征研究  

Study on Accrual Earnings Management Characteristics of Listed Company in China

作　　者：杨铮[1,2] 周浩[3] 

机构地区：[1]中央财经大学经济学院,北京100081 [2]西藏大学财经学院 [3]暨南大学产业经济研究院,副教授广州510632

出　　处：《浙江社会科学》2015年第9期4-18,156,共15页Zhejiang Social Sciences

基　　金：西藏大学财经学院青年培育基金的资助

摘　　要：本文主要研究目的是考察我国上市公司的非预期性应计利润操控行为的整体特征。我们将目前研究盈余操控最主要的两类方法(概率密度分布法和基于非预期应计利润模型估计法)相结合,从概率的思路出发来考察各密度分布样本组的操控性应计的特征。研究发现:1.在EPS很低与很高的我国上市公司都存在规模巨大的操控调低应计利润的行为;2.在EPS为零附近的上市公司存在显著的操控调高应计利润的行为;3.存在明显的中等亏损上市公司操控调高利润而转变为微亏业绩的证据;4.上市公司操控应计账户调高利润的能力与幅度要显著地小于调低利润的能力与幅度;5.存在一定的EPS样本组,上市公司相对很少进行盈余操控。The main purpose of this article is to study the general characteristics of unexpected accrual earnings management of listed company in China. We combine the two major approaches in earnings management research( the probability density distribution approach and the estimation approach based on unexpected accrual earnings management),and start from probability way to investigate the characteristics of manageable accrual in every density distribution observation group. The following was found: 1. There is huge artificial earnings turning down both in the lowest and the highest EPS groups; 2. There is obvious earnings turning up around zero EPS groups; 3. We found evidence of median loss company managed to raise earnings up to become lightly losses; 4. For listed company,the ability and extent of turning earnings up is much weaker than the ability and extent of turning earnings down; 5. There are some EPS groups where companies rarely manipulate earnings.

关 键 词：应计利润 盈余操控 EPS 

分 类 号：F275[经济管理—企业管理] F832.51[经济管理—国民经济]