内部控制缺陷及整改对盈余持续性的影响研究——来自A股上市公司的经验证据  

The Impact of Internal Control Deficiencies and Its Rectification on Earnings Persistence——Empirical Evidence from A-share Listed Companies

作　　者：宫义飞[1] 谢元芳 Gong Yifei;Xie Yuanfang

机构地区：[1]西南大学经济管理学院,400715 [2]厦门大学嘉庚学院,363105

出　　处：《会计研究》2018年第5期75-82,共8页Accounting Research

基　　金：国家社会科学一般项目(13CGL052);重庆市社会科学培育项目(2016PY42);浙江省哲学社会科学重点研究基地(14JDLG02YB)的研究成果

摘　　要：本文以2011-2015年沪深A股9029家上市公司为研究样本,研究内部控制缺陷及其整改对盈余持续性的影响。实证结果表明,相比不存在内部控制缺陷的企业,存在内部控制缺陷的企业其盈余持续性更低;将内部控制缺陷按严重程度划分类型后发现,相较于一般内部控制缺陷,存在实质性内部控制缺陷的企业,其盈余持续性更低;企业对内部控制缺陷进行整改后,内部控制质量提高,盈余持续性进一步提高;并且缺陷的存在、类型及整改对应计项目盈余持续性的影响均大于对现金流项目盈余持续性的影响。本文的研究拓宽了内部控制缺陷经济后果的相关研究范围,细化深入相关研究,并提供了相关经验证据。Based on the 9029 listed companies of A-shares from 2011 to 2015, this paper analyzes the impact of internal control deficiencies and their rectification on earnings persistence. The empirical results show that listed companies with internal control deficiencies have lower earnings persist- ence than those of listed companies that do not have internal control deficiencies, and have greater impact on accrual sustainability than cash flow sustain- ability. Dividing the internal control deficiencies by severity, it is found that enterprises with substantial internal control deficiencies are less sustainable in earning than those of general internal control deficiencies and have greater impact on accrual sustainability than on cash flow sustainability. After the rectification of internal control defects, the persistence of earnings is improved, and the impact on accrual sustainability is greater than the impact on the continuity of cash flow. The research of this paper broadens the scope of the research on the economic consequences of internal control defieiencics.

关 键 词：内部控制缺陷 整改 盈余持续性 

分 类 号：F275[经济管理—企业管理]