The Relationship between Corporate Social Responsibility and Earnings Management : An Empirical Study Based on China’s A-share Listed Companies
1
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
China‘s corporate social responsibility and earnings management activities are in the stage of continuous improvement, as the key parts of corporate financial management, both of them must be paid attention to. This paper takes listed A-share companies as the research object, taking social responsibility and earnings management as the explanatory variables respectively, and introducing financial leverage as the adjustment variable, and constructs three models, so as to explore the possible relationship between listed companies‘ social responsibility and earnings management, provide effective basis for listed companies to actively practice social responsibility, improve earnings management, and promote the coordinated and sustainable development of the whole society and national economy. Finally, according to the research conclusion, the corresponding measures and suggestions are put forward, and a long-term strategic long-term mechanism to fulfill corporate social responsibility is established to ensure the long-term and continuous investment of corporate social responsibility.
Abstract
China‘s corporate social responsibility and earnings management activities are in the stage of continuous improvement, as the key parts of corporate financial management, both of them must be paid attention to. This paper takes listed A-share companies as the research object, taking social responsibility and earnings management as the explanatory variables respectively, and introducing financial leverage as the adjustment variable, and constructs three models, so as to explore the possible relationship between listed companies‘ social responsibility and earnings management, provide effective basis for listed companies to actively practice social responsibility, improve earnings management, and promote the coordinated and sustainable development of the whole society and national economy. Finally, according to the research conclusion, the corresponding measures and suggestions are put forward, and a long-term strategic long-term mechanism to fulfill corporate social responsibility is established to ensure the long-term and continuous investment of corporate social responsibility.
참고문헌 (31)
- 강일주, "Corporate Social Responsibility and Analyst’s Target Price", 전문경영인연구, 24(1), pp.211~229 (2021), 한국전문경영인학회[DOI]
- Basile, L., "Incomplete contract modelling", Metroeconmica, 59(3), pp.347~370 (2008)
- Biddle, G., "How does financial reporting quality relate to investments efficiency?", Journal of Accounting and Economics, 48(2), pp.112~131 (2009)
- Brousseau, E., "The economics of contracts: Theories and applications" (2002), Cambridge University Press
- Chen, F., "Financial reporting quality and investment efficiency of private firms in emerging markets", The Accounting Review, 86(4), pp.1255~1288 (2010)
- Chih, H. L., "Corporate social responsibility, investor protection, and earnings management: Some international evidence", Journal of Business Ethics, 79(1-2), pp.179~198 (2008)
- Donaldson, T., "The stakeholder theory of the corporation: Concepts, evidence, and implications", Academy of Management Review, 20(1), pp.65~91 (1995)
- Donaldson, T., "The stakeholder theory of the corporation: Concepts, evidence, and implications", Academy of Management Review, 20(1), pp.65~91 (1995)
- Fuensanta, C. G., "Financial reporting quality, debt maturity and investment efficiency", Journal of Banking & Finance, 40(3), pp.494~506 (2014)
- Gargouri, R. M., "The relationship between corporate social performance and earnings management", Canadian Journal of Administrative Sciences, 27(4), pp.320~334 (2010)
- Healy, P. M., "The effect of bonus schemes on accounting decisions", Journal of Accounting and Economics, (7), pp.305~307 (1985)
- Healy, P. M., "A review of the earnings management literature and its implication for standard setting", Accounting Horizons, (12), pp.368~370 (1999)
- Kim, "The relationship between corporate social responsibility and earnings management:An exploratory study", Bus Ethics, (104), pp.468~470 (2012)
- McWilliams, A., "Corporate social responsibility : A theory of the firm perspective", Academy of Management Review, 26, pp.117~127 (2001)
- Mitchell, R. K., "Toward a theory of stakeholder identification and salience: Define the principle of who and what really counts", Academy of Management Review, 22(4), pp.853~886 (1997)
- Prior, D., "Are socially responsible mamagers really ethical? Exploring the relationship between earnings management and corporate social responsibility", Corporate Governance, 16(3), pp.160~177 (2008)
- Schipper, K., "Commentary on earnings management", Accounting Horizons, (10), pp.169~172 (1989)
- Scholtens, B., "Corporate social responsibility and earnings management:Evidence from asian economies", Corporate Social-Responsibility and Environmental Management, 20(2), pp.95~ (2013)
- Scott, W. R., "Financial accounting theory", pp.112~115 (2000), Prentice Hall
- 顾振伟, "我国上市公司盈余管理的动机与方式的实证研究", 博士, pp.2008
- 吉利, "机会主义 还是”道德行为？—履行社会责任公司的真实盈余管理行为研究", 会计与经济研究, 28(5), pp.10~25 (2014)
- 南星恒, "控股股东股权质押、企业社会责任与真实盈余管理", 投资研究, 39(01), pp.60~76 (2020)
- 刘启亮, "不完全契约与盈余管理" (2010), 中国财政经济出版社
- 刘敏, "收入平滑盈余管理对社会责任信息披露的影响", 沈阳工业大学学报(社会科学版), (4) (2011)
- 万寿义, "企业盈余管理模式与企业社会责任相关性研究", 西南民族大学学报(人文社会科学版), 35(07), pp.128~132 (2014)
- 宋岩, "企业社会责任与盈余管理: 基于中国沪深股市A股制造业上市公司的实证研究", 中国管理科学, 25(05), pp.187~196 (2017)
- 杨金磊, "社会责任、盈余管理与企业绩效", 东莞理工学院学报, (03), pp.99~105 (2019)
- 王霞, "企业社会责任信息披露有助于甄别财务报告质量吗？", 财经研究, 40(05), pp.133~144 (2014)
- 钟向东, "企业社会责任、财务业绩与盈余管理关系的研究", 财会月刊, (9), pp.14~18 (2011)
- 冯丽艳, "企业社会责任与盈余管理治理—基于盈余管理方式和动机的综合分", 重庆大学学报(社会科学版), 22(06), pp.79~92 (2016)
- 黄艺翔, "企业是出于道德意识履行社会责任吗", 山西财经大学学报, 37(7), pp.60~70 (2015)