CAJ | 학술논문

从关联股东的角度研究财务重述在股东社会网络中传染的可能性。结果表明,曾经持有财务重述公司股份的股东,在持有下一家公司股份时,再次发生财务重述行为的概率会降低。但是,如果关联发生在重述公司重述前,关联公司重述的可能性则会显著增加,并且上述关系会受到关联股东地位的调节影响。本文从所有权网络的行为层面为财务重述研究提供了新的角度,也为应对上市公司财务重述提供了新的思路。
종관련고동적각도연구재무중술재고동사회망락중전염적가능성。결과표명,증경지유재무중술공사고빈적고동,재지유하일가공사고빈시,재차발생재무중술행위적개솔회강저。단시,여과관련발생재중술공사중술전,관련공사중술적가능성칙회현저증가,병차상술관계회수도관련고동지위적조절영향。본문종소유권망락적행위층면위재무중술연구제공료신적각도,야위응대상시공사재무중술제공료신적사로。
This research explores the contagion possibility of financial restatement in the social network of shareholders from the perspective of interlocked shareholders. It finds that interlocked shareholders can prevent the financial restatement of interlock companies to some extent when they become shareholders of the next company,but the restatement possibility of the interlocked companies increases significantly if the interlock occurs before the restatement. Logistic Regression shows that the possibility of restatements is significantly related to the existence of interlocked shareholders. This research provides not only a new perspective to study the financial restatements from the behavior aspects of the shareholder＇s network,but also a new method to deal with the financial restatements of the public companies.