组织内部非正式关系与盈余管理  

Intra-organizational informal relationships and earnings management

作　　者：刘春 孙亮 杨梦婕 LIU Chun;SUN Liang;Yang Meng-jie(International School of Business&Finance,Sun Yat-sen University,Guangzhou 510275,China;School of Accountancy,Singapore Management University,Singapore 178900,Singapore)

机构地区：[1]中山大学国际金融学院,广州510275 [2]新加坡管理大学会计学院,新加坡178900

出　　处：《管理科学学报》2024年第8期126-147,共22页Journal of Management Sciences in China

基　　金：国家自然科学基金面上项目(71972186,71772182,72132010)。

摘　　要：深入理解上市公司盈余管理行为的影响因素,有助于优化中国资本市场生态和保障注册制的全面实行.既有文献较少关注盈余管理作为集体任务的现实特征,忽视了组织内部非正式关系通过减少合谋成本对盈余管理产生的影响.本研究首次定量考察了组织内部非正式关系对上市公司盈余管理行为的影响.研究发现:1)组织内部非正式关系越强,公司盈余管理程度越高,该结论在一系列稳健性检验后仍然成立;2)越需要减少盈余管理合谋成本的公司,组织内部非正式关系对盈余管理的正向影响越明显;3)向员工提供较高水平的福利是组织内部非正式关系影响盈余管理的重要渠道.本研究为理解盈余管理影响因素的相关研究提供了新的视角.An in-depth understanding of the factors influencing the earnings management of listed firms can help optimize China’s capital market ecology and ensure the full implementation of the registration system.The existing literature pays less attention to the characteristics of earnings management as a collective task,and ignores the impact of the intra-organizational informal relationships(IR)on earnings management by reducing collusion costs.This paper examines for the first time the impact of IR on the earnings management of listed firms.The results show that:1)the stronger the IR,the higher the degree of earnings management,and this finding still holds after a series of robustness tests;2)The more firms need to reduce the cost of collusion,the more pronounced the positive effect of IR on earnings management;3)Providing higher levels of employee benefits is an important channel through which IR influence earnings management.This paper provides a new perspective for understanding the factors influencing earnings management.

关 键 词：组织内部非正式关系 合谋成本 盈余管理 

分 类 号：F231.5[经济管理—会计学]