摘要
以2002~2010年我国A股上市公司年报中出现＂前期会计差错更正＂项目的公司为研究对象,基于财务重述差错发生期和差错更正期的分析,以是否发生财务重述为因变量,利用logit回归系统,考察了财务重述的影响因素。在财务指标方面,自由现金流越大,流动比率越高,公司发生会计差错和更正会计差错的概率就越小,公司增长速度与会计差错的发生和更正之间不存在显著关系。在内部治理方面,董事会规模越大,发生会计差错的概率就越高,对更正差错起到的作用不显著;领导权结构为两职合一的公司更正会计差错的概率相对较低,但对差错发生没有显著影响;董事会会议频率越低,董事会成员持股比例越高、股权集中度越高,公司发生和更正会计差错的概率就越小。在外部审计方面,发生事务所变更、经非＂四大＂审计、被出具非标审计意见的公司发生和更正会计差错的概率较高。
Studying items of accounting errors correction from annual report in Chinese Listed firms in A share market between 2002-2010, based on the analysis of pre-error period and post-restatement period of financial restatement, this research systematically investigates the influencing factors of financial restatement with logit regression, taking financial restatement occurs or not as depen- dent variable. The finding suggests that, in terms of financial ratio, higher free cash flow and current ratio lead to lower likelihood of accounting misstatement and restatement; there is no significant relationship between firm growth and accounting misstatement and re- statement. In terms of internal governance, firms with big board size are likely to misstate, board size has no significant effect on re- statement; when CEO- chairman role is not splitted, firms have a lower likelihood of restatement, and duality is not significantly relat- ed to misstatement; firms with smaller frequency of board meeting, higher board shareholding and ownership concentration, have a low- er likelihood of accounting misstate ment and restatement. In terms of external audit, firms with auditor change and qualified audit opinion, audited by non-Big 4 are more likely to misstate and restate. This research develops the contents of financial restatement re- search, providing empirical evidence and suggestions for regulatory authorities, to prevent accounting errors and financial restatement.
出处
《山西财经大学学报》
CSSCI
北大核心
2012年第5期96-105,共10页
Journal of Shanxi University of Finance and Economics
基金
国家自然科学基金项目(71172186
71102095)
教育部新世纪人才支持计划项目(NCET-07-0309)
过程控制与效率工程教育部重点实验室
关键词
财务重述
会计差错
差错发生期
差错更正期
financial restatement
accounting errors
pre-error period
post-restatement period
