摘要
以上海证券交易所 4 2 1个上市公司 3年间的 1 2 62个观察值为样本 ,对股权结构与盈余管理之间的关系进行实证研究表明 ,第一大股东持股比例与盈余管理大小成U型关系 ,管理层持股比例与盈余管理大小负相关 ,国家股比例。
This paper empirically examines the relationship between ownership structure and earnings management of 421 companies listed in Shanghai Stock Exchange from 2000-2002.The results show earnings management is significant “U-style” related to the shareholding percentage of the largest stock-holders; the shareholding percentage of managers is negative related to earnings management; while state ownership, legal person shares and trading shares have no significant effects on earnings management.
出处
《商业研究》
北大核心
2004年第19期48-53,共6页
Commercial Research
关键词
股权结构
盈余管理
第一大股东
会计信息
公司治理
ownership structure
earnings mangement
the largest stock hotolders
accounting information
corporate governance
