家族企业高管控制权收益:外部公平性与盈余管理行为——来自中国上市公司的经验证据

被引：10

作者：

杨志强

机构：

[1] 广东财经大学会计学院

来源：

暨南学报(哲学社会科学版) | 2013年 / 35卷 / 09期

关键词：

家族企业; 控制权收益; 外部公平性; 盈余管理;

D O I：

暂无

中图分类号：

F276.5 [私营企业];

学科分类号：

1202 ; 120202 ;

摘要：

实证证据表明:在我国当前的制度背景下,相对于非家族企业,家族控股企业盈余管理程度更高;进一步分析发现,相对于分散持股或者存在股权制衡的公司,家族控股公司高管人员正向额外控制权收益与高管盈余管理程度显著正相关,体现为"堑壕效应";而负向额外控制权收益与高管盈余管理程度显著负相关,体现为"协同效应"。研究表明,高管控制权收益与盈余管理行为之间的非线性关系,不仅仅取决于既定的制度背景、法律保护环境,也与高管个人的社会偏好、公平性认知有关。

引用

收藏

页码：30 / 43

页数：14

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