摘要
独立董事制度是改善公司治理的有效手段之一。独立董事能够以独立公正的视角在董事会决策中发表意见,维护公司全体股东尤其是中小股东的利益。但独立董事制度是否发挥作用,现有研究还没达成一致结论。论文选取我国A股上市公司2007-2016年样本,采用OLS方法,研究独立董事比例对盈余质量的影响。结果表明,独立董事确实能不显著地提高上市公司盈余质量,但这一作用在国有企业中发挥得不够。相比非国有企业,国有企业独立董事的存在并没有提高盈余质量。
The independent director system is one of the effective means to improve corporate governance.Independent directors can express their opinions in the decision-making of the board of directors from an independent and impartial perspective,and safeguard the interests of all shareholders,especially small and medium-sized shareholders.However,there is no consensus on whether the independent director system will play a role.This paper selects the sample of China's A-share listed companies from 2007 to 2016,and uses OLS method to study the impact of the proportion of independent directors on earnings quality.The results show that independent directors can not significantly improve the earnings quality of listed companies,but this role is not enough in state-owned enterprises.Compared with non-state-owned enterprises,the existence of independent directors in state-owned enterprises does not improve the quality of earnings.
作者
孙金平
SUN Jin-ping(Yangjiang Vocational and Technical College,Yangjiang 529566,China)
出处
《中小企业管理与科技》
2020年第35期124-127,共4页
Management & Technology of SME
基金
阳江职业技术学院重点人文社科课题“地方政府官员与企业盈余质量:影响机制与经验证据”的阶段性成果,项目编号:2019skzd02。
关键词
独立董事
盈余质量
最小二乘回归
产权性质
国有企业
independent director
earnings quality
least squares regression
property right nature
state-owned enterprise
