摘要
基于2010年-2014年沪深两市机械设备业的经验数据,研究企业社会责任与盈余管理之间的关系,研究发现:机械设备类上市公司会同时进行应计和真实盈余管理两种方式,且企业社会责任与应计盈余管理呈显著的正相关关系,即企业履行社会责任掩盖了应计盈余管理,这表明在短期内管理者为了掩盖企业社会责任活动对利益相关者的损害,会进行更多的应计盈余管理,这一结论支持了机会主义;而企业社会责任与真实盈余管理呈显著的负相关关系,即企业履行社会责任会抑制真实盈余管理行为,这表明从长期来看企业履行社会责任的成本小于收益,增加了财务报告的透明度,从而抑制真实盈余管理,这一结论支持道德主义。
Based on the empirical data of machinery industry of Shanghai and Shenzhen in 2010^2014 and the researches on the relations between Corporate Social Responsibility （CSR） and earnings management, this study finds machinery and equipment listed companies will simultaneously adopt accrual and real earnings management. On one hand, CSR and accrual earnings management shows a significant posi-tive correlation. That is to say, CSR overshadows accrual earnings management, which indicates that in the short term, in order to conceal the damage on stakeholders brought by the corporate social responsibil-ity activities, the managers will conduct more accrual earnings management. This conclusion supports op-portunism. On the other hand, CSR and real earnings management shows a significant negative correlation. That is to say, CSR will inhibit the real earnings management behavior, which indicates that in the longterm, the cost of CSR is less than the benefit. It will inhibit the real earnings management by in-creasing the transparency of financial reports. This conclusion supports moralism.
出处
《烟台大学学报（哲学社会科学版）》
CSSCI
北大核心
2016年第5期107-118,共12页
Journal of Yantai University(Philosophy and Social Science Edition)
关键词
企业社会责任
盈余管理
机会主义
道德主义
Corporate Social Responsibility （CSR）
earnings management
opportunism
moralism
