CAJ | 학술논문

本文在管理者异质性基础上,运用相似吸引理论,研究了高管团队垂直对特征与企业盈余管理行为之间的关系,以及两种关系如何受到管理者权力和激励、控制人性质的影响。结果表明,董事长—总经理性别和学历差异会导致企业盈余管理行为的发生,董事长—总经理任职时间差异则有助于抑制企业盈余管理行为,而董事长—总经理年龄差异则不会对企业盈余管理行为产生影响。进一步研究发现,董事长—总经理垂直对特征与企业盈余管理行为之间关系受到了总经理权力和激励、控制人性质的影响。本文为盈余管理行为研究提供了新的视角,同时,对提高上市公司会计信息质量、完善公司治理结构乃至促进资本市场持续发展都有一定的启示意义。
본문재관리자이질성기출상,운용상사흡인이론,연구료고관단대수직대특정여기업영여관리행위지간적관계,이급량충관계여하수도관리자권력화격려、공제인성질적영향。결과표명,동사장—총경이성별화학력차이회도치기업영여관리행위적발생,동사장—총경리임직시간차이칙유조우억제기업영여관리행위,이동사장—총경리년령차이칙불회대기업영여관리행위산생영향。진일보연구발현,동사장—총경리수직대특정여기업영여관리행위지간관계수도료총경리권력화격려、공제인성질적영향。본문위영여관리행위연구제공료신적시각,동시,대제고상시공사회계신식질량、완선공사치리결구내지촉진자본시장지속발전도유일정적계시의의。
Based on managers heterogeneity, using Similarity Attraction Theory, this article studies the relationship between executive managers vertical characteristics and enterprise earnings management as well as how the relationship is affected by managers＇ power, incentives and the nature of the controller. The results show that chairman-manager of different genders and educational degree will lead to the occurrence of enterprise earnings management, chairman-manager of different tenure is helpful for restraining enterprise earnings management, however, chairman-manager of different ages can not affect enterprise earnings management. Further study shows that the relationship between executive managers vertical characteristics is affected by managers＇power, incentves and the nature of the. controller. Under the influence of managers＇ power, chairman-manager of different ages and tenure will lead to the occurrence of enterprise earnings management. However, under the influence of managers＇ incentives, chairman-manager of different genders and education degree is helpful for restraining the occurrence of enterprise earnings management. Compared with private holding companies, in state-owned listed companies, chairman-manager of different education degree is helpful for restraining enterprise earnings management. However, chairman-manager of different tenure will probably lead to the occurrence of enterprise earnings management. This paper use Similarity Attraction Theory for the first time. The study finds out that the relationship between executive managers vertical characteristics and enterprise earnings management, which not only provides a new angle of view for studies of earnings management behaviors, but also enriches the studies of vertical characteristics based on Similarity Attraction Theory. Additionally, it expands the application scope of Managers Power Theory and Incentives Theory. Meanwhile, The findings of this research not only helps us to better understand the behavior of earnings management of the listing Corporation and the accounting policy choice behavior, but also for the management team from the perspective of governance listing Corporation earnings management behavior and improve the corporate governance structure provides enlightenment.