高管团队特征、垂直对特征差异与内部控制质量  

The Characteristics of Top Management Team,Vertical Dyad Differences and Internal Control Quality

作　　者：李端生[1] 周虹[1,2] LI Duansheng ZHOU Hong(School of Accounting, Shanxi University of Finance and Economics, Taiyuan 030051, China School of Management, Guangdong Ocean University, Zhanjiang 524000, China)

机构地区：[1]山西财经大学会计学院,山西太原030006 [2]广东海洋大学管理学院,广东湛江524000

出　　处：《审计与经济研究》2017年第2期24-34,共11页Journal of Audit & Economics

基　　金：山西省教育厅学科建设重点项目(JZ2013005)

摘　　要：以沪深两市2012—2014年A股主板上市公司为研究样本,实证检验了高管团队背景特征对公司内部控制质量的影响。研究发现:高管团队平均学历与内部控制质量正相关,平均年龄、任职时间与内部控制质量负相关。高管团队女性比例及团队规模的影响应分组讨论,在女性比例超过行业中位数的上市公司中,女性比例与内部控制质量成正比,反之则成反比;在团队平均规模小于行业中位数的上市公司中,团队规模与内部控制质量成反比。进一步考虑董事长-高管团队垂直对特征差异时,发现董事长-高管团队的性别、任职时间差异与内部控制质量正相关,学历差异与内部控制质量显著负相关。Based on the data of Shanghai and Shenzhen A-share state-owned listed companies from 2012 to 2014, this paper empirically examines the effect of background characteristics of top management team（TMT） on the company＇s internal control quality. The result shows that ： the educational degree of TMT is positively correlated with the quality of internal control, the av- erage age and tenure of TMT is negatively correlated with the quality of internal control. When the proportion of women in the listed Corporation is more than the industry median, it is positively correlated with the quality of internal control, otherwise, the reverse is true ; when the average size of the listing corporation is less than the median of the industry, average size on the quali- ty of internal control has a negative effect. We further theoretically analyzed the influencing mechanisms of the vertical dyad characteristics differences of the president and TMT, and found the gender, age and tenure vertical dyad characteristics differ- ences of the president to TMT are of significant positive correlation with the quality of internal control ; the higher the education- al degree vertical dyad linkage characteristics of the president to TMT, the lower the quality of internal control. The conclusion of this study will be helpful to the construction and maintenance of the internal control system of the state-owned listed compa- nies, and it will also optimize management team structure,improve the quality of internal control and better the corporate gov- ernance structure.

关 键 词：高管团队特征 垂直对特征差异 内部控制质量 公司治理 管理者特质 高管背景特征 

分 类 号：F239.43[经济管理—会计学]