如何发现盈余管理——基于上市公司第四季度前后盈余分布的实证检验被引量：4

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摘要一、引言切实保护投资者利益是资本市场健康发展的基石及决定因素,而盈余管理作为资本市场上的一个潜规则,却有意无意、或多或少地造成对投资者的伤害。Leuz、Nanda和Wysocki(2003)通过对31个国家的投资者保护和盈余政策之间关系的经验分析,发现了两者之间存在的负向关系,这说明投资者保护程度越低,内部人的私人控制权收益就越大,盈余管理程度就越高。反过来,盈余管理的程度也往往意味着内部人对投资者侵害的程度。基于此,理论与实务两界都试图努力揭开上市公司盈余管理的奥秘并寻求公司盈余管理的迹象。公司如何进行盈余管理?谁最有可能进行盈余管理?前期文献多以资本市场上的年报数据为基础,

作者崔刚汪要文张文武

机构地区东北财经大学内部控制与风险管理研究中心中国人民银行大连市中心支行

出处《金融发展评论》 2010年第6期135-144,共10页 Financial Development Review

关键词盈余管理行为上市公司年度盈余累计盈余资本市场区间季度数据投资者利益向上调整最小额

分类号 F832.51 [经济管理—金融学]

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参考文献16

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