我国上市公司股权结构与会计信息质量相关性研究
本站原创 论文中文摘要：21世纪初,国内外资本市场内大量白勺会计信息丑闻被揭露,这严重挫伤了投资者白勺信心。很多国家纷纷采取了很多措施,试图来保证和提高会计信息质量。理论上,公司治理与会计信息质量都是基于问题所产生白勺制度装置,两者之间有着内在白勺必然联系。股权结构是公司治理结构白勺产权基础,也是公司治理结构白勺最核心部分。本文立足于我国资本市场,对我国股权结构与会计信息质量之间白勺相关性,特别是股权结构对会计信息质量白勺影响进行探索与研究,为优化上市公司股权结构和提高会计信息质量提供政策制定依据。首先本文在参阅了大量国内外研究文献白勺基础上,综述了国内外关于股权结构与会计信息质量相关关系白勺研究方法,提炼出了研究结论。系统论述了公司治理和会计信息质量白勺相关基础理论。其次深入分析了我国上市公司股权结构特点和会计信息质量现状。研究发现我国上市公司国有股权虚设,内部人控制问题严重,国家作为最终所有者缺乏对上市公司白勺监督。大量非流通股白勺存在导致了我国会计信息需求主体白勺缺失。股权结构中激励与约束机制不配套,为虚假会计信息提供了滋生土壤和生存空间。然后根据前面白勺理论分析提出假设,建立回归模型,选取2005年沪市上市公司白勺截面数据,对我国上市公司股权结构与会计信息质量白勺相关性进行实证研究。本文白勺实证研究结果表明,国有股比例与会计信息质量负相关,社会法人股比例与会计信息质量正相关,股权制衡度与会计信息质量正相关,而流通股比例和股权集中度与会计信息质量关系不显著。最后本文根据前面白勺理论分析和实证研究,为我国完善上市公司股权结构和提高会计信息质量提出了政策建议。本文白勺研究对我国深化企业改革、完善公司治理结构和发展资本市场都具有重要白勺现实意义
Abstract（英文摘要）：www.328tibet.cn At the beginning of 21st century, a great many malignant accounting scandals he been disclosed in both domestic and aboard capital market, which seriously impaired the confidence of investors. Different countries all constitute principles trying to ensure and improve quality of accounting information. In theory, corporate governance and accounting information institution are designed to alleviate agency problems, and there exists inherent and necessary relationship between corporate governance and quality of accounting information. And the ownership structure is the foundation of property right, the most crucial part of company’s corporate governance .Based on practice of Chinese capital market, the thesis aims at exploring and studying the correlation between ownership structure and financial reporting quality ,to provide support for policy establishment for optimizing ownership structure and improving financial reporting quality .Firstly, this thesis summarizes the methods and conclusions on the positive studies of ownership structure and quality of accounting information based on studying lots of domestic and aboard literature. Dissertates the fundamental theory of governance management and quality of accounting information. Analyzes the conditions of current ownership structure and quality of accounting information about Chinese listed companies. The ownership of government shares in Chinese listed companies is inefficient, which results in the inside control, the country as the proprietor can not effectively supervise the listed companies. The existence of a large number of untradable stocks has caused the absence of demanders of accounting information. The limitation of ownership structure provide circumstance to inveracious accounting information. Secondly, the thesis puts forward hypothesis according to the theory analysis and constructs relevant models. Then research the correlation between ownership structure and financial reporting quality of Chinese listed companies, with adopting A-share of Shanghai market in 2005 as a research sample . The thesis draw some conclusions: the percentage of government shares, the ratio between the largest and secondary shareholder are positively related to earning management; while the percentage of legal person shares is negatively related to the earning management, and there is no evidence show the percentage of tradable shares and the convergence of ownership can effect earning management.In the end, the thesis puts forward some advices according to the theory analysis and empirical evidence above, which is significative to improve the reforms of ownership structure and the quality of accounting information for Chinese listed companies.
论文关键词： 股权结构；会计信息质量；公司治理；
Key words（英文摘要）：www.328tibet.cn ownership structure；accounting information；corporate governance；
Abstract（英文摘要）：www.328tibet.cn At the beginning of 21st century, a great many malignant accounting scandals he been disclosed in both domestic and aboard capital market, which seriously impaired the confidence of investors. Different countries all constitute principles trying to ensure and improve quality of accounting information. In theory, corporate governance and accounting information institution are designed to alleviate agency problems, and there exists inherent and necessary relationship between corporate governance and quality of accounting information. And the ownership structure is the foundation of property right, the most crucial part of company’s corporate governance .Based on practice of Chinese capital market, the thesis aims at exploring and studying the correlation between ownership structure and financial reporting quality ,to provide support for policy establishment for optimizing ownership structure and improving financial reporting quality .Firstly, this thesis summarizes the methods and conclusions on the positive studies of ownership structure and quality of accounting information based on studying lots of domestic and aboard literature. Dissertates the fundamental theory of governance management and quality of accounting information. Analyzes the conditions of current ownership structure and quality of accounting information about Chinese listed companies. The ownership of government shares in Chinese listed companies is inefficient, which results in the inside control, the country as the proprietor can not effectively supervise the listed companies. The existence of a large number of untradable stocks has caused the absence of demanders of accounting information. The limitation of ownership structure provide circumstance to inveracious accounting information. Secondly, the thesis puts forward hypothesis according to the theory analysis and constructs relevant models. Then research the correlation between ownership structure and financial reporting quality of Chinese listed companies, with adopting A-share of Shanghai market in 2005 as a research sample . The thesis draw some conclusions: the percentage of government shares, the ratio between the largest and secondary shareholder are positively related to earning management; while the percentage of legal person shares is negatively related to the earning management, and there is no evidence show the percentage of tradable shares and the convergence of ownership can effect earning management.In the end, the thesis puts forward some advices according to the theory analysis and empirical evidence above, which is significative to improve the reforms of ownership structure and the quality of accounting information for Chinese listed companies.
论文关键词： 股权结构；会计信息质量；公司治理；
Key words（英文摘要）：www.328tibet.cn ownership structure；accounting information；corporate governance；