监管模式变更影响会计稳健性吗?——基于信息披露分行业监管视角的经验证据  

Does the Change of Supervision Mode Affect the Accounting Conservatism?——Empirical Evidence from the Perspective of Information Disclosure Industry Regulation

作　　者：林钟高 李文灿 LIN Zhong-gao;LI Wen-can

机构地区：[1]安徽工业大学商学院

出　　处：《财务研究》2021年第4期22-31,共10页Finance Research

基　　金：国家自然科学基金项目(71572002);安徽省高校人文社会科学研究重点项目(SK2019A0069)。

摘　　要：本文以2015年上市公司信息披露模式变更为分界点,考察信息披露由辖区监管模式转为分行业监管模式对会计信息稳健性的影响。研究发现:分行业监管模式显著提高了会计稳健性,信息披露监管模式的变更对市场化程度低、负债水平低、行业竞争度低的公司会计稳健性提升效果更好。进一步研究发现,代理成本降低和盈余管理抑制是分行业监管模式提高会计稳健性的可能路径。本文的结论为研究信息披露制度和会计信息质量提供了新的视角。Taking the change of the information disclosure model of listed companies in 2015 as a demarcation point,it is the first time to investigate the impact of information disclosure on the accounting conservatism from jurisdiction supervision mode to industry supervision mode.The study found that:the industry supervision model has significantly improved accounting conservatism,and the change in the information disclosure regulatory model has a better effect on improving the accounting conservatism of companies with low marketization,low debt levels,and low industry competition.Further research found that:agency cost reduction and earnings management suppression are possible paths for the industry supervision model to improve accounting conservatism.The conclusion of this article provides a new perspective for studying the information disclosure system and the quality of accounting information.

关 键 词：信息披露质量 分行业监管模式 会计稳健性 会计信息质量 

分 类 号：F230[经济管理—会计学] F275[经济管理—国民经济]