企业盈余管理同群效应研究:连锁关系与经理管理防御的作用

陆冠延, 李秉祥

系统工程理论与实践 ›› 2025, Vol. 45 ›› Issue (3) : 771-800.

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系统工程理论与实践 ›› 2025, Vol. 45 ›› Issue (3) : 771-800. DOI: 10.12011/SETP2023-2410
论文

企业盈余管理同群效应研究:连锁关系与经理管理防御的作用

    陆冠延, 李秉祥
作者信息 +

Research on the peer effect of enterprise earnings management: The role of interlocking relationship and managerial entrenchment

    LU Guanyan, LI Bingxiang
Author information +
文章历史 +

摘要

基于同群效应视角, 将企业盈余管理行为与经理管理防御以及连锁关系相结合, 探讨企业间盈余管理行为互动关系的形成机理以及影响因素.以2010-2021年我国A股上市公司作为研究样本构建有调节的中介效应模型, 实证研究结果表明:同一行业内, 企业间盈余管理行为具有同群效应;经理管理防御在企业盈余管理行为传递过程中发挥中介作用;连锁董事和连锁股东不仅负向调节同群企业盈余管理行为的直接传递路径, 同时还负向调节经理管理防御中介作用的前、后路径, 抑制经理管理防御中介作用的发挥, 从而弱化企业间盈余管理行为的同群效应.上述结论经过一系列稳健性检验后依然成立.本文研究结论为提高企业会计信息质量、优化我国经济治理基础数据库, 以及实现经济高质量发展提供了重要启示.

Abstract

Based on the perspective of peer effect, this study combines corporate earnings management behavior with managerial entrenchment and interlocking relationship, and explores the formation mechanism and influencing factors of the interactive relationship of earnings management behavior among enterprises. Taking Chinese A-share listed companies from 2010 to 2021 as research samples, this study constructs moderated mediation model, and finds that peer effect exists in the earnings management behavior among enterprises in the same industry and managerial entrenchment plays an intermediary role in the peer effect of earnings management behavior. Interlocking directors and interlocking shareholders can not only negatively regulate the direct transmit path of earnings management behavior in the same industry, but also negatively adjust the front and back paths of the mediating role of managerial entrenchment, inhibit the mediating role of managerial entrenchment, so as to weaken the peer effect of earnings management behavior. The findings are still valid after series of robustness tests. The conclusions provide important enlightenment for improving the quality of enterprise accounting information, optimizing the basic database of economic governance and realizing high quality economy development.

关键词

盈余管理行为 / 经理管理防御 / 连锁关系 / 同群效应

Key words

earnings management behavior / managerial entrenchment / interlocking relationship / peer effect

引用本文

导出引用
陆冠延 , 李秉祥. 企业盈余管理同群效应研究:连锁关系与经理管理防御的作用. 系统工程理论与实践, 2025, 45(3): 771-800 https://doi.org/10.12011/SETP2023-2410
LU Guanyan , LI Bingxiang. Research on the peer effect of enterprise earnings management: The role of interlocking relationship and managerial entrenchment. Systems Engineering - Theory & Practice, 2025, 45(3): 771-800 https://doi.org/10.12011/SETP2023-2410
中图分类号: F275   

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基金

国家自然科学基金(71772151);陕西省创新能力支撑计划软科学研究计划(2023-CX-RKX-187);陕西省哲学社会科学重大理论与现实问题研究项目(2021ND0258)
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