应计盈余管理周期性特征研究——基于税与非税因素权衡的分析视角  

Study on the Periodic Characteristics of Accrual Earnings Management——Based on the Perspective of Trade-off Between Tax and Non-tax Factors

作　　者：刘庆 邢成 Liu Qing;Xing Cheng(School of International Business,Tianjin Foreign Studies University,Tianjin 300270,China;Institute for International Economics,Nankai University,Tianjin 300271,China)

机构地区：[1]天津外国语大学国际商学院,天津300270 [2]南开大学国际经济研究所,天津300271

出　　处：《工业技术经济》2021年第9期98-104,共7页Journal of Industrial Technological Economics

基　　金：天津市教委科研计划项目(人文社科)“税收制度与企业资产配置问题研究”(项目编号:2019SK068)。

摘　　要：本文将经济周期变量内嵌于税与非税因素权衡模型,利用2009~2020年中国A股上市公司数据,实证分析了经济周期因素与应计盈余管理之间的关系。实证结果表明:税收动机与财务报告动机的应计盈余管理方向存在差异,企业需要在两者之间进行权衡。基于税收动机的负向应计盈余管理在经济扩张期更加显著,基于财务报告动机的正向应计盈余管理在经济收缩期更加显著。This paper embeds the economic cycle variables in the tax and non-tax factor trade-off model,based on the data of Chinese A-share listed companies from 2009 to 2020,empirically analyzes the correlation between the economic cycle factor and accrual earnings management.The results show that there is a difference in accrual earnings management direction between tax and financial reporting motivation,the enterprises should strike a balance.Negative accrual earnings management based on tax motiva⁃tion is more significant in the period of economic expansion,while positive accrual earnings management based on financial repor⁃ting motivation is more significant in the period of economic contraction.

关 键 词：经济周期 应计盈余管理 税收动机 财务报告动机 权衡 SW模型 

分 类 号：F275[经济管理—企业管理] F812.4[经济管理—国民经济]