财务型独董对盈余管理的影响研究

以2009-2014年A股上市公司为研究样本,考察具有不同背景的财务型独董对企业应计、真实盈余管理行为的影响。结果表明:学术背景财务型独董具有监督功能,能够抑制公司的盈余管理行为,事务所背景财务型独董能促进公司的盈余管理行为;在考虑产权性质、是否经"四大"审计后,发现学术背景财务型独董在非国有企业中对应计盈余管理的抑制作用更加明显;事务所背景财务型独董在国有企业中促进了应计盈余管理的行为;学术背景财务型独董可以作为提高审计质量的一种替代机制。

An Empirical Study on How Independent Directors with Different Financial Background Affect Earning Management

Existing literature about affection of independent directors with financial background on earning management ignored the situations that there are several kinds of independent directors in a company and an independent director may have several financial backgrounds.Using a sample from A-stock list companies between 2009 and 2014,this paper investigates the effect of independent directors with different financial background on accruals and real earnings management.The result reveals that independent directors with financial background who works in academic institutions may reduce earnings management and independent directors with financial background who works in CPA firms may accelerate earnings management.Further analysis found that independent directors with financial background who works in academic institutions may reduce discretionary accruals in non-SOEs and independent directors with financial background who works in CPA firms may accelerate discretionary accruals and independent directors with financial background can replace high-quality auditors to reduce discretionary accruals.