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银企关联和企业会计稳健性是学术界和实务界的热点话题。本文以我国上市公司为样本,采用Ball和Shivakumar(2005)模型实证检验了银企股权关联对会计稳健性的影响。结果表明,银企股权关联降低了会计稳健性,但在金融危机爆发以后,银企股权关联显著提升了会计稳健性。本文丰富了银企关系和会计信息质量的研究,为优化公司治理结构提供了支持,并为当前债转股热点问题提供了经验证据。
Bank-enterprise association and corporate accounting conservatism is a hot topic in academia and practice. In this paper, we take the listed companies in our country as a sample and use the model of Ball and Shivakumar (2005) to test the influence of the relationship between banks and enterprises on accounting conservatism. The result shows that the association between banks and enterprises reduces the accounting conservatism, but after the financial crisis broke out, the association between banks and enterprises significantly improves the accounting conservatism. This article enriches the research on the relationship between banks and enterprises and the quality of accounting information, provides support for optimizing corporate governance structure and provides empirical evidence for the current hot issues of debt and equity swap.