茶文化与上市公司盈余管理——基于中国资本市场的经验证据  

Chinese Tea Culture and Earnings Management of Listed Company: Evidence from China

作　　者：杜兴强[1] 肖亮 DU Xing-qiang;XIAO Liang(School of Management,Xiamen University,Xiamen 361005,Fujian)

机构地区：[1]厦门大学管理学院,福建厦门361005

出　　处：《厦门大学学报（哲学社会科学版）》2022年第5期85-98,共14页Journal of Xiamen University(A Bimonthly for Studies in Arts & Social Sciences)

基　　金：国家自然科学基金重大项目“制度变革、非正式制度因素与会计审计行为研究”(71790602);国家社会科学基金重大项目“‘一带一路’沿线国中国企业审计治理研究”(20&ZD111)。

摘　　要：茶文化是中国传统文化的重要组成部分之一。茶具有自省、淡泊、和谐的文化属性,被赋予了人们平静、质朴与高雅的人格,潜移默化地影响着人的行为。利用省市统计年鉴中的县(区)级茶叶生产种植数据(茶叶产量和面积),可量化公司所在地的茶文化氛围。基于中国A股市场2007—2017年间19 858个公司年度观测值,研究发现:县(区)级茶叶产量与上市公司的可操纵性应计绝对值显著负相关,说明地区茶文化氛围降低了盈余管理、提高了财务报告质量。四大会计师事务所审计作为一种外部监督弱化了茶文化与盈余管理之间的负关系。进一步的研究发现,女性董事是茶文化与盈余管理之间的中介变量。Tea culture is an important part of Chinese culture.Tea has the cultural attributes of introspection,tranquility and harmony,endowing people with the personality traits of calmness,simplicity and elegance,and imperceptibly influencing people who come into contact with tea culture.Tea culture atmosphere where a firm is located is proxied by county/district-level tea production and planting data(tea output and area)in the statistical yearbooks of the provinces and cities.Using a sample of 19,858 firm-year observations from China’s A-share market,our research reveals a significantly negative effect of county/district-level tea yield on the absolute value of discretionary accruals,suggesting that regional tea culture atmosphere reduces earnings management and improves the quality of financial reporting.In addition,as an exteranl supervision,big 4 auditors weaken the negative association between tea culture and earnings management.Furthermore,female directors can serve a mediating role in the relationship between tea culture and earnings management.

关 键 词：中国茶文化 盈余管理 四大审计 

分 类 号：F272.3[经济管理—企业管理]