| 金字塔股权结构、终极控股股东行为与会计稳健性 |
| |
| 引用本文： | 杨克智,谢志华. 金字塔股权结构、终极控股股东行为与会计稳健性[J]. 北京工商大学学报(社会科学版), 2010, 25(6) |
| |
| 作者姓名： | 杨克智 谢志华 |
| |
| 作者单位： | 1. 中央财经大学会计学院,北京,100081
2. 北京工商大学商学院,北京,100048 |
| |
| 基金项目： | 北京市属高等学校人才强教深化计划“高层次人才资助计划”项目(PHR20100512) |
| |
| 摘 要： | 以2003~2009年沪深A股上市公司为样本,采用Basu(1997)模型研究发现:金字塔股权结构中,终极控股股东持股比率与会计稳健性负相关,但这种负相关关系在2005年以后具有明显减弱的趋势;当终极控股股东为非国有性质时,其控制权与现金流权分离程度越大,会计稳健性越低。
|
| 关 键 词： | 金字塔股权结构 终极控股股东 会计稳健性 |
A Study on Pyramid Structure, Behavior of Ultimate Controlling Shareholder and Accounting Conservatism |
| |
| Yang Ke-zhi,Xie Zhi-hua. A Study on Pyramid Structure, Behavior of Ultimate Controlling Shareholder and Accounting Conservatism[J]. Journal of Beijing Technology and Business University:Social Science, 2010, 25(6) |
| |
| Authors: | Yang Ke-zhi Xie Zhi-hua |
| |
| Affiliation: | Yang Ke-zhi1 & Xie Zhi-hua2(1.School of Accountancy,Central University of Finance , Economics,Beijing 100081,China,2.Business School,Beijing Technology , Business University,Beijing 100048,China) |
| |
| Abstract: | Using the samplings of A-share listed companies in Shanghai Stock Exchange and Shenzhen Stock Exchange during the period of 2003-2009,based on Basu(1997) model,this paper finds that under pyramid equity structure,the percentage of ultimate controlling shareholder's cash flow rights is negatively related to conservatism,but such negative relation has turned weak obviously since 2005.Moreover,when the ultimate controlling shareholder is non-state-owned,the more the separation degree between control rights and... |
| |
| Keywords: | Pyramid structure ultimate controlling shareholder accounting conservatism |
| 本文献已被 CNKI 万方数据 等数据库收录！ |
|
