境外战略投资者是否改变了银行平滑盈余行为——基于我国不同所有权银行的分析被引量：6

Does Foreign Strategic Investors Impact Banks' Earnings Smoothing Behavior?——Based on Banks' Ownership Structure

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摘要平滑盈余行为是银行公司治理结构存在缺陷的表现。近年来,银行积极引进境外战略投资者以改善其公司治理结构,但是境外战略投资者能否抑制银行平滑盈余行为,尚未看到相关研究。本文采用境外战略投资者持股比例、派驻董事成员和制衡银行第一大股东作为公司治理的衡量变量,并结合我国银行所有权结构的差异,来实证研究境外战略投资者对银行平滑盈余行为的影响。经研究发现股份制商业银行不存在平滑盈余行为,但国有控股商业银行和城市商业银行存在平滑盈余行为;境外战略投资者通过改善银行公司治理结构有效抑制了银行的平滑盈余行为,但抑制效应仅在城市商业银行中显著存在。 Because of the low corporate governance level,there is common for banks to smooth their earnings.In recent years,Chinese banks are introducing the foreign strategic investors(FSIs) to improve their corporate governance structure,but there are no related researches to study whether FSIs can restrain banks' earnings smoothing behaviors.Considering Chinese banks' ownership structure,we use FSIs' share,directors' allegation and FSIs' balance to first shareholder to examine the impact of FSIs on banks' earnings smoothing behaviors.We find that earnings smoothing exists for national commercial banks and city commercial banks while no earnings smoothing exists for shared commercial banks.

作者梁琪石宁陈文哲

机构地区南开大学经济学院

出处《当代经济科学》 CSSCI 北大核心 2012年第6期34-45,123,共12页 Modern Economic Science

基金国家自然科学基金项目(71072097 71272183 71172066)的资助

关键词境外战略投资者平滑盈余行为银行所有权公司治理 Foreign Strategic Investors Earnings Smoothing Bank Ownership Corporate Governance

分类号 F832.3 [经济管理—金融学] F224 [经济管理—国民经济]

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