摘要
文章通过考察盈余反映系数探讨我国上市公司董事会特征和盈余质量的关系,实证研究的结果表明,董事会规模与盈余反应系数显著正相关,董事会规模越大,盈余质量越高;独立董事比例在《关于在上市公司设立独立董事制度的指导意见》推出前后表现迥异,推出前独立董事比例与盈余反应系数显著负相关,而推出后则呈现正相关走势,但回归系数估计值不显著;研究还发现,董事长和总经理同由一人兼任时对应的盈余反映系数更高;而董事会活动的频数则与盈余反应系数显著负相关。
In this paper, the authors research the.relation between the board of director composition and earnings quality through review the earnings response coefficient （ERC）. The authors find that, firstly, there has significantly positive relationship between the size of the board of director and the ERC. This means that the larger the board of director the higher earnings quality. Secondly, the ratio of independent directors has different relation between ERC before and after the ordination of the guidelines about independent directors＇ instauration in listed companies. There has significantly negative relationship between the ratio of independent directors and the ERC before the guidelines, and positive but insignificantly relationship after the guidelines. Thirdly, there has higher ERC when chairman of the board and CEO is same one. Finally, there has negative relationship between the frequency of board meetings and the ERC.
出处
《华东经济管理》
CSSCI
2009年第7期76-81,84,共7页
East China Economic Management
