摘要
随着资本市场的不断发展,上市公司盈余管理问题愈发凸显,越来越多的公司采取各种盈余管理手段来调节利润。从控股股东视角切入,以中葡股份为具体分析对象,通过对其历年的盈余管理行为的分析,发现控股股东的确对上市公司的盈余管理存在明显影响。控股股东可以利用其身份背景和资源优势为上市公司提供支持,帮助上市公司度过经营危机。我国国有控股或参股的上市公司数量众多,在面临亏损、被退市之际实施盈余管理可借助国有控股股东的身份获得更多帮助,而这种支持的目的除了保住上市资格之外,还有助于维护地区的经济与社会安定。此结论也许对广大投资者进一步了解我国上市公司的盈余管理有所启示。
With the continuous development of the capital market,the problem of listed companies′earnings management become increasingly prominent,so more and more companies take a variety of earnings management tools to adjust the profits.From the perspective of the controlling shareholders,and by taking the case of Citic Guoan Wine Co.,Ltd as the specific analysis object,this paper analyzes the earnings management over the years.The result finds that the controlling shareholder does have a significant impact on the listed company earnings management.The controlling shareholder can exploits its background and relationships to provide support for the listed company,helping the company survive crises.China now has a large number of state-controlled shareholding companies.The identity and special state-controlled background of the controlling shareholder may help public companies get more assistance in profit manipulations when facing losses or being about to be delisted,and the purpose of the supports includes keeping the listing qualification and maintaining the regional economic and social stability.This conclusion may help most of the investors of China know more about the earnings management of China′s listed companies.
作者
黄琼宇
王秋月
林静
HUANG Qiongyu;WANG Qiuyue;LIN Jing(School of Economics and Statistics,Guangzhou University,Guangzhou,Guangdong 510006,China)
出处
《广州大学学报（社会科学版）》
2018年第11期33-41,共9页
Journal of Guangzhou University:Social Science Edition
基金
国家自然科学基金青年项目(71402037)
教育部人文社科青年项目(14YJC790048)
关键词
上市公司盈余管理
控股股东身份
支持
listed companies′earnings management
identity of the controlling shareholders
support
