西南交通大学学报:社会科学版
西南交通大學學報:社會科學版
서남교통대학학보:사회과학판
Journal of Southwest Jiaotong Universit(Social Science Edition)
2008年
6期
16~23
,共null页
董事会 董事会特征 盈余信息 信息含量 公司治理
董事會 董事會特徵 盈餘信息 信息含量 公司治理
동사회 동사회특정 영여신식 신식함량 공사치리
board ; board characteristics ; earnings informativeness ; information content ; corporategovernance
公司治理因素对盈余信息含量产生的影响近年来备受关注,董事会作为公司治理的核心,其结构、行为、激励和人员特征也会对盈余信息含量产生影响。以深交所部分上市公司为研究样本进行多元回归分析,其结果表明:董事会规模与盈余信息含量负相关;董事长与总经理两职兼任的公司,盈余信息含量更低;董事会成员持股比例与盈余信息含量正相关;董事会中财务专业背景的人员比例与盈余信息含量负相关。
公司治理因素對盈餘信息含量產生的影響近年來備受關註,董事會作為公司治理的覈心,其結構、行為、激勵和人員特徵也會對盈餘信息含量產生影響。以深交所部分上市公司為研究樣本進行多元迴歸分析,其結果錶明:董事會規模與盈餘信息含量負相關;董事長與總經理兩職兼任的公司,盈餘信息含量更低;董事會成員持股比例與盈餘信息含量正相關;董事會中財務專業揹景的人員比例與盈餘信息含量負相關。
공사치리인소대영여신식함양산생적영향근년래비수관주,동사회작위공사치리적핵심,기결구、행위、격려화인원특정야회대영여신식함양산생영향。이심교소부분상시공사위연구양본진행다원회귀분석,기결과표명:동사회규모여영여신식함량부상관;동사장여총경리량직겸임적공사,영여신식함량경저;동사회성원지고비례여영여신식함량정상관;동사회중재무전업배경적인원비례여영여신식함량부상관。
In recent years, the impact of corporate governance factors on earnings informativeness gains much concern. Because the board is the core of corporate governance, the board's structure, behavior, stimulus and member characteristics would have influence on earnings informativeness. The research on the data of some listed companies of Shenzhen Stock Exchange, indicates that : the board size is negatively correlated to earnings informativeness;in companies with the chairman holding the position of CEO at the same time, earnings informativeness is the lowest; the percentage of shares hold by board members is positively correlated to earnings informativeness; and the percentage of board members who have financial expertise is negatively correlated to earnings informativeness.