企业战略定位与会计盈余管理行为选择  

Deviant Strategy and the Choice of Earnings Management Methods

作　　者：叶康涛[1] 董雪雁[1] 崔倚菁[1] 

机构地区：[1]中国人民大学商学院,100872

出　　处：《会计研究》2015年第10期23-29,96,共7页Accounting Research

摘　　要：本文考察了企业战略定位对会计盈余管理行为选择的影响。具体而言,我们考察一家公司相对于其同行的战略差异度如何影响其盈余管理行为选择。利用2000-2014年的A股上市公司数据,我们发现:企业战略差异度与会计应计项目盈余管理正相关,与真实活动盈余管理负相关。进一步研究发现,在国际"四大"审计的企业中,战略差异度对应计项目盈余管理的正向作用有所减弱。本文结论在一系列稳健性测试后依然成立。本文研究表明,企业战略差异度是企业选择盈余管理行为的重要影响因素之一。本文的研究对审计师、投资者和分析师等外部利益相关者具有重要启发意义。This study examines the impacts of business strategy on a firm's earnings management choices. Using a sample of Chinese listed companies from 2000 to 2014,we find a significantly positive relation between strategic deviance and accrual- based earnings management,and a significantly negative correlation between strategic deviance and real activities manipulation. Further evidence shows that the positive relation between strategic deviance and accrual- based earnings management is constrained by Big- 4 audit. Our results are robust to an array of sensitivity checks. Our findings suggest that strategic deviance is an important determinant of earnings management choices. These findings are of great practical significance to auditors,analysts,and other stakeholders.

关 键 词：战略差异度 真实活动盈余管理 应计项目盈余管理 

分 类 号：F275[经济管理—企业管理]