战略激进度、产权性质与盈余管理——来自工业上市公司的经验证据  

Strategic Radicalism,Nature of Property Rights and Surplus Management:Empirical Evidence from Industrial Listed Companies

作　　者：马杰[1] 安昕婧 MA Jie;AN Xinjing(School of Economics and Management,East China University of Technology,Nanchang 330013,China)

机构地区：[1]东华理工大学经济与管理学院,江西南昌330013

出　　处：《兰州工业学院学报》2023年第6期103-109,共7页Journal of Lanzhou Institute of Technology

基　　金：国家自然科学基金(72064001)。

摘　　要：盈余管理一直以来受到国内外学者的广泛关注,企业制定战略的激进程度对盈余管理产生了相当大的影响。围绕工业企业的盈余管理问题,同时考虑产权性质的特殊影响,以A股工业上市公司2012—2021年的数据为样本,分析企业战略激进度、盈余管理和产权性质三者之间关系的影响,研究发现:企业战略越激进,其实施应计盈余管理的行为越多,真实盈余管理的行为越少;盈余管理有正向和负向之分,以应计盈余管理为例,企业战略越激进,其会进行更多的正向盈余管理,但未发现战略激进度对负向盈余管理产生显著影响;产权性质仅对战略激进度和应计盈余管理之间的关系产生抑制作用。Surplus management has been widely concerned by scholars at home and abroad,and the degree of radicalization of enterprise strategy formulation has had a considerable impact on surplus management.Focusing on the surplus management of industrial enterprises and considering the special impact of nature of property rights,the data of A-share industrial listed companies from 2012—2021 are taken as samples to analyse the influence of property right nature on the relationship between corporate strategy and surplus management.The results show that the more radical the enterprise strategy,the more it implements accrual surplus management and the less it implements real surplus management.There are positive and negative surplus management,taking accrued surplus management as an example,the more radical the enterprise strategy is,the more positive surplus management will be carried out,but no significant impact of strategic radicalism on negative surplus management has been found.The nature of property rights only inhibits the relationship between strategic radicalism and accrual surplus management.

关 键 词：战略激进度 盈余管理 产权性质 工业企业 

分 类 号：F275[经济管理—企业管理] F832.51[经济管理—国民经济]