监事会经济独立性与企业盈余管理  

Economic Independence of Board of Supervisors and Earnings Management of Enterprises

作　　者：刘慧 Liu Hui(School of Business,Anhui University,Hefei 230601,Anhui,China)

机构地区：[1]安徽大学商学院,安徽合肥230601

出　　处：《梧州学院学报》2021年第6期16-25,共10页Journal of Wuzhou University

基　　金：安徽省学术与技术带头人及后备人选科研活动经费资助项目(2019H218)。

摘　　要：监事会作为公司内部治理机制中的重要组成部分,在财务监督方面发挥重要监督作用,但是鲜有文献关注到监事会经济独立性这一特征。基于此,该研究以中国资本市场2011—2018年A股上市公司为样本,实证检验监事会经济独立性对企业盈余管理的影响,并考察企业产权性质和监事会主席变更对其的可能影响。研究发现:(1)监事会经济独立性能够显著抑制企业盈余管理行为,具体表现为监事会经济独立性越高,企业盈余管理程度越低;(2)监事会经济独立性对企业盈余管理行为的抑制作用在非国有企业中更加明显;(3)监事会主席发生变更削弱了监事会经济独立性对企业盈余管理行为的抑制作用。该研究有助于更加全面深入理解和认识监事会经济独立性在提高公司治理水平方面的积极作用,同时丰富企业盈余管理的相关文献。As an important part of the internal governance mechanism of the company,the board of supervisors plays an important role in financial supervision.However,few literatures focus on the economic independence of the board of supervisors.Given the situation,the present study,taking the A-share listed companies in China's capital market from 2011 to 2018 as the research sample,empirically tests the impact of the economic independence of the board of supervisors on enterprise earnings management,and examine the nature of property rights and the possible impact of the change of the chairman of the board of supervisors.The results show that:(1)the economic independence of the board of supervisors can significantly inhibit the earnings management behavior of enterprises,which is manifested in that the higher the economic independence of the board of supervisors,the lower the degree of earnings management;(2)the inhibitory role of the economic independence of the board of supervisors on the earnings management behavior is more obvious in the non-state-owned enterprises;(3)The change of the chairman of the board of supervisors weakens the inhibitory role of the economic independence of the board of supervisors on corporate earnings management behavior.The present study is helpful to understand the positive role of the economic independence of the board of supervisors in improving the level of corporate governance,and expands the relevant literature of earnings management.

关 键 词：监事会 经济独立性 盈余管理 国有企业 监事会主席 

分 类 号：F275[经济管理—企业管理]