监事会经济独立性与财务重述  

The Economic Independence of Supervisory Board and Financial Restatements

作　　者：周泽将[1] 王佳伟 雷玲 Zejiang Zhou;Jiawei Wang;Ling Lei(School of Business,Anhui University,Hefei Anhui 230601,China;School of Economics,Anhui University,Hefei Anhui 230601,China)

机构地区：[1]安徽大学商学院,安徽合肥230601 [2]安徽大学经济学院,安徽合肥230601

出　　处：《会计与经济研究》2022年第4期3-18,共16页Accounting and Economics Research

基　　金：国家自然科学基金面上项目(72172001);安徽省高校协同创新项目(GXXT-2021-042);安徽省哲学社会科学规划重点项目(AHSKZ2021D07);安徽省自然科学基金优青项目(2208085Y22)。

摘　　要：独立性是影响监事会监督效率的重要因素。文章以2010-2019年中国资本市场A股上市公司为样本,实证检验监事会经济独立性对财务重述的影响。研究发现,监事会经济独立性显著抑制了财务重述;基于股权特征的进一步分析发现,在监事会持股、股权集中度较低以及国有控股的企业中,监事会经济独立性对财务重述的抑制作用更加明显;经济后果分析表明,监事会经济独立性有助于降低企业审计费用。研究丰富了监事会治理文献,为中国监事会制度改革提供了参考思路。Independence is an important factor affecting supervision efficiency of supervisory board. Taking China’s A-share listed firms from 2010 to 2019 as samples,this paper examines the impacts of economic independence of supervisory board on financial restatements. The result shows that economic independence of supervisory board significantly inhibits financial restatements. Further research based on equity characteristics finds that economic independence of supervisory board has a more obviously inhibitory effect on financial restatements in firms with supervisory board holding shares and low ownership concentrations, and in state-owned enterprises. The economic consequence analysis shows that economic independence of supervisory board is conducive to reducing firms’ audit fee. The research enriches literatures on governance of supervisory board and also provides references for the reform of the supervisory board system in China.

关 键 词：监事会 经济独立性 财务重述 股权特征 审计费用 

分 类 号：F271.5[经济管理—企业管理]