摘要
选取2006—2015年因财务报告舞弊而受到处罚的非金融类A股上市公司作为舞弊样本,根据年度、行业及公司规模等标准选取非舞弊样本进行配对,实证检验了在过度自信心理和产权性质的影响下,CEO权力强度对上市公司财务报告舞弊的影响。研究发现:CEO权力强度与公司财务报告舞弊倾向显著正相关;而CEO的过度自信心理更助推了CEO权利强度对财务报告舞弊倾向的影响。进一步,在国有企业性质的情况下,CEO权利强度与财务报告舞弊倾向的正相关关系会被强化。本文的研究结果为上市公司财务报告舞弊提供新的研究视角,丰富公司治理与财务报告舞弊相关研究的文献与经验证据。
Selecting the non-financial A-share listed companies which were punished for financial reporting fraud from 2006 to 2015as the fraud sample and matching the fraud sample according to criteria such as year,industry and company size,this thesis studied the impact of CEO power on financial reporting fraud under the influence of overconfidence and nature of property rights,which took both inner psychological factors and external power characteristics of CEOs into account.This thesis draws the following conclusions after research:the larger CEO power is,the greater the possibility of financial reporting fraud in listed companies is;overconfidence significantly strengthens the positive correlation between CEO power and the possibility of financial reporting fraud in listed companies;furthermore,the positive impact of CEO power on financial reporting fraud in stateowned listed companies is significantly higher than that in non-state-owned listed companies.The results of this study provide a new perspective for financial reporting fraud of listed companies.Moreover,this study enriches the literature and empirical evidence of corporate governance and financial reporting fraud.
出处
《现代财经（天津财经大学学报）》
CSSCI
北大核心
2017年第10期78-89,共12页
Modern Finance and Economics：Journal of Tianjin University of Finance and Economics
基金
国家社会科学基金项目(15BGL055)
关键词
CEO权力强度
过度自信
产权性质
财务报告舞弊
CEO power
overconfidence
nature of property rights
financial reporting fraud
