民营企业所有权形成途径与真实盈余管理行为  

The Formation of Ownership in Private Enterprises and Real Earnings Management Behavior

作　　者：王宁[1] 

机构地区：[1]贵州大学管理学院,贵州 贵阳

出　　处：《运筹与模糊学》2023年第5期5880-5895,共16页Operations Research and Fuzziology

摘　　要：文章基于政治成本假说考察民营企业所有权形成途径是否以及如何影响民营企业的真实盈余管理行为。本文以2008~2018沪深A股上市民营企业为样本进行研究发现:国有企业私有化改制而来的民营企业因合法性身份认同不足引发的政治成本是其进行真实盈余管理的重要动因。同等条件下,国有企业私有化改制而来的民营企业更倾向于进行向下的真实盈余管理,两者之间的关系在规模较大的企业中,以及地方官员发生变更的地区更显著。研究结论为企业盈余管理行为在股权方面的动因研究提供了新的观察视角,丰富了民营企业所有权形成途径与民营企业身份认同问题的相关研究。Based on the political cost hypothesis, this paper examines whether and how corporate identity affects the real earnings management behavior of private enterprises. Based on the samples of private enterprises listed on Shanghai and Shenzhen A-shares from 2008 to 2018, the finds that the political costs caused by the lack of legitimacy and identity recognition of private enterprises after the privatization and restructuring of state-owned enterprises are an important driving force for their true earnings management. Under the same conditions, private enterprises derived from the privatization and restructuring of state-owned enterprises tend to engage in downward real earnings management, and the relationship between the two is more significant in larger enterprises and regions where local officials undergo changes. The research conclusion provides a new perspective for the study of the motivation of corporate earnings management behavior in terms of equity, enriching the relevant research on the formation of private enterprise ownership and the issue of private enterprise identity.

关 键 词：身份认同 政治成本 真实盈余管理 国有改制型企业 创业型企业 

分 类 号：F27[经济管理—企业管理]