董事会制度对盈余管理影响的实证研究--基于安徽省上市公司年报数据

摘要

董事会是企业公司治理的重要组成，与企业盈余管理有着密切的联系。结合安徽省上市公司近5年的年报数据，系统检验了董事会制度对盈余管理的影响。结果表明：董事会规模与盈余管理程度呈U型关系，独立董事比例与盈余管理程度呈正相关，而董事长与CEO的兼任对盈余管理的相关性没有得到验证。基于此提出相应的改善公司盈余管理的董事会制度。%The board of directors is the important part in the corporate governance,which has the close relation with corporate earn-ings management. Combining with the annual report data of listed companies in recent five years , the system tests the board of directors system's impact on earnings management. The result indicates that the board scale and the degree of earnings management becomes u-shaped relation, the independent directors proportion is positively correlated with the degree of earnings management, and the chairman and CEO of correlation of earnings management has not been verified. Based on this the paper puts forward the corresponding improve-ment system of the company's board.