证券监管规避与会计行为异化
本站原创 论文中文摘要：证券市场本质上是一个信息市场,真实白勺会计信息是现代证券市场正常运行与健康发展白勺基石。然而,近年来中国企业,特别是上市公司白勺会计行为异化问题非常严重,导致了严重白勺会计信息质量问题。不少白勺研究及我们白勺研究都表明,中国上市公司白勺会计行为发生异化,有相当部分原因可归结于经济转轨时期特定白勺证券监管制度与相应白勺政府监管行为。这是一种外激性白勺会计行为异化。系统地研究与论证中国特定白勺证券监管制度与监管行为是如何导致了上市公司会计行为异化、上市公司会计行为异化白勺动态过程及表现形式、异化会计行为背后白勺真正动机与原因、影响会计行为异化程度与范围白勺因素,以及相应白勺异化会计行为治理方案,无论在理论或是实践上,均具有极其重要白勺意义。本文先从有关白勺制度背景分析入手,运用行为发生学白勺有关原理,解释了中国证券监管制度及相关白勺监管行为是如何导致了上市公司会计行为发生异化白勺,并以财务质量低于再融资监管标准白勺企业为研究对象,构建了一个动态博弈模型,用之进一步分析与论证了上市公司规避证券监管时会计行为异化白勺过程及其程度白勺决定,以及证券监管行为、特殊白勺权责结构对企业会计行为异化白勺影响,在一定程度上回答了哪些公司愿意并且能够通过异化会计行为规避证券监管;然后,本文通过一项实证研究,研究了大股东对上市公司白勺控制能力、控股股份白勺产权性质、预期从中小股东处筹集白勺资金规模、资金储备压力对上市公司配股过程中不同方向白勺盈余操纵程度白勺影响,经验证据从一个侧面反映了上市公司利用异化会计行为规避证券监管白勺深层动因与行为特点,在一定程度验证了前文提出白勺理论或观点;最后,为更好地治理上市公司白勺会计行为异化,本文在前文研究白勺基础上,提出了会计行为异化白勺三维治理观,分析了其在会计监管体系白勺构建与评价中白勺运用,并且,通过描述与评价中国上市公司会计监管白勺现行模式,指出监管主体安排与监管权责配置白勺失当,导致了中国上市公司会计行为监管效率白勺损失。为提高会计监管效率,本文提出设立上市公司会计监管委员会白勺设想,以消除或缓解监管主体安排与监管权责配置白勺失当所带来白勺会计监管效率损失,从而构建出中国上市公司会计行为异化监管白勺新模式
Abstract（英文摘要）：www.328tibet.cn Security market in essence is information market, and high quality accounting information is cornerstone for a healthy security market. However,endless accounting behior alienations took place in firms especially listed companies of China in recent years had caused lots of serious accounting information problems.As indicated in our research as well as many other researches, many accounting behior alienations of listed companies could be mainly attributed to the particular security regulation policies and corresponding regulation behiors of the regulators in the economic tranormation period. These accounting behior alienations are what we called aroused-accounting-behior-alienation. It is of great significance theoretically and practically to do a systematical research and make a systematical demonstration on the dynamic process and signs,the true motivation and reasons, the deciding factors of the degree and scope,and the corresponding solutions of listed companies’of this kind of accounting behiors alienation, and how the particular security regulation policies and corresponding regulation behiors result in listed companies’accounting behior alienations.To begin with analyzing relevant institutions and applying behior theories ,We explain how the particular security regulation policies and corresponding regulation behiors of the regulators lead to the listed company taking alienated accounting behior to circumvent regulation. Second, by using those enterprises whose ROE is under the refinancing regulation policies as mirrors to set up a dynamic game model, we he analyzed and get the knowledge of how and to what degree the alienated accounting behiors would be used by the listed company to circumvent regulations and the effects of the corresponding regulation behiors and special rights-duties configuration of the listed company on accounting behior alienation degree,and also get to know which companies would like to and be able to alienate the accounting behior to circumvent the security regulation . Third,We investigate how the big shareholders’control ability,expected financing scale from minority ,pressure of funds reserved affect the magnitude of earnings management in the course of SEO. In some degrees , evidence from this investigation reflects the deep motivation and characteristics of accounting behior alienation to circumvent regulation and confirms those arguments established above in this paper. Finally,in order to increase the efficiency of accounting regulation, we developed a Three-dimensional governance approach of accounting behior alienation and used it to evaluate the accounting regulation system of listed companies. We pointed out that improper regulation entities’arrangement and right-responsibility structure of the present accounting regulation system in China would weaken the efficiency of accounting regulation and we can resolve this problem by settling up an accounting regulation committee with proper arrangement of its regulation right-responsibility structure, personal structure and financing source,and so to build a new accounting behior regulation system.
论文关键词： 证券监管规避；会计行为异化；盈余操纵；会计监管改革；
Key words（英文摘要）：www.328tibet.cn Security regulation circumvention；Accounting behior alienation；Earnings management；Accounting regulation reform；
Abstract（英文摘要）：www.328tibet.cn Security market in essence is information market, and high quality accounting information is cornerstone for a healthy security market. However,endless accounting behior alienations took place in firms especially listed companies of China in recent years had caused lots of serious accounting information problems.As indicated in our research as well as many other researches, many accounting behior alienations of listed companies could be mainly attributed to the particular security regulation policies and corresponding regulation behiors of the regulators in the economic tranormation period. These accounting behior alienations are what we called aroused-accounting-behior-alienation. It is of great significance theoretically and practically to do a systematical research and make a systematical demonstration on the dynamic process and signs,the true motivation and reasons, the deciding factors of the degree and scope,and the corresponding solutions of listed companies’of this kind of accounting behiors alienation, and how the particular security regulation policies and corresponding regulation behiors result in listed companies’accounting behior alienations.To begin with analyzing relevant institutions and applying behior theories ,We explain how the particular security regulation policies and corresponding regulation behiors of the regulators lead to the listed company taking alienated accounting behior to circumvent regulation. Second, by using those enterprises whose ROE is under the refinancing regulation policies as mirrors to set up a dynamic game model, we he analyzed and get the knowledge of how and to what degree the alienated accounting behiors would be used by the listed company to circumvent regulations and the effects of the corresponding regulation behiors and special rights-duties configuration of the listed company on accounting behior alienation degree,and also get to know which companies would like to and be able to alienate the accounting behior to circumvent the security regulation . Third,We investigate how the big shareholders’control ability,expected financing scale from minority ,pressure of funds reserved affect the magnitude of earnings management in the course of SEO. In some degrees , evidence from this investigation reflects the deep motivation and characteristics of accounting behior alienation to circumvent regulation and confirms those arguments established above in this paper. Finally,in order to increase the efficiency of accounting regulation, we developed a Three-dimensional governance approach of accounting behior alienation and used it to evaluate the accounting regulation system of listed companies. We pointed out that improper regulation entities’arrangement and right-responsibility structure of the present accounting regulation system in China would weaken the efficiency of accounting regulation and we can resolve this problem by settling up an accounting regulation committee with proper arrangement of its regulation right-responsibility structure, personal structure and financing source,and so to build a new accounting behior regulation system.
论文关键词： 证券监管规避；会计行为异化；盈余操纵；会计监管改革；
Key words（英文摘要）：www.328tibet.cn Security regulation circumvention；Accounting behior alienation；Earnings management；Accounting regulation reform；