摘要
基于威慑理论和信号传递理论,实证分析了媒体报道和行政监管对企业财务违规传染的阻断作用。研究结果表明:媒体对违规企业的报道能够阻断财务违规传染,权威媒体的负面报道能够释放更强的威慑信号,不仅可以阻断违规传染,而且可以促使行业中的其他企业纠正违规行为;行业中的行政监管频率高、介入速度快、处罚力度大,均能释放明确的威慑信号;媒体的负面报道特别是影响力较大媒体的负面报道和财务舞弊报道有助于增强监管的威慑作用,从而弥补行政监管的不足,提高行政监管介入效率。
Based on deterrence theory and signal transmission theory,this paper studied whether media reports and administrative supervision can release and transmit deterrence signals,which can block financial irregularities contagion.Results show that media report can block the contagion of financial irregularities,and the negative reports of authoritative media can release strong deterrent signals,which not only blocks the contagion but also causes other companies in the industry to correct.Meanwhile,higher frequency of supervision,faster reaction and heavier punishment would release clear deterrent signals.Media reports,especiall negative reports with greater infulence or reports of financial fraud,can not only improve the deterrent effect of administrative supervision,but also effectively substitute for administrative supervision and improve the efficiency of administrative supervision.
作者
马壮
王云
MA Zhuang;WANG Yun(School of Accounting,Hangzhou Dianzi University,Hangzhou310018;School of Economics and Management,Dalian University of Technology,Dalian116024,China)
出处
《山西财经大学学报》
CSSCI
北大核心
2019年第9期112-126,共15页
Journal of Shanxi University of Finance and Economics
基金
教育部人文社会科学青年基金项目(19YJC630122)
浙江省社会科学规划重点课题(19NDJC001Z)
浙江省自然科学基金资助项目(LQ19G020012)
关键词
企业违规
媒体报道
行政监管
威慑信号
阻断机制
enterprise infingement
media report
administration surpervision
deterrence signal
blocking mechanisim
