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| 文章编号：1672-3104(2017)04-0119-08 |
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市场化程度、超额在职消费与盈余管理 |
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王东清，李静 |
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（中南大学商学院，湖南长沙，410083） |
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| 摘 要： 基于在职消费效率观与代理观相融合的视角，将企业在职消费区分为正常在职消费与超额在职消费，以 2012—2015年沪深两市A股制造业上市公司为样本，分别检验了两者与盈余管理的关系。研究结果表明：超额在职消费会引发企业高管盈余管理行为；相较于非国有企业，国有企业中超额在职消费引起的盈余管理行为更为显著；市场化程度的提高能抑制高管超额在职消费所引起的盈余管理行为。 |
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| 关键词： 超额在职消费；正常在职消费；盈余管理；市场化程度 |
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Marketization degree, excess perks and earning management |
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WANG Dongqing, LI Jing |
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（School of Business, Central South University, Changsha 410083, China） |
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| Abstract: By reconciling the agent view and the efficiency view, dividing perks in enterprise into normal perks and excess perks, and by using the data of Chinese A-share listed companies of manufacturing during the period of 2012– 2015, we test the relationship between perks and earning management. The result shows that excess perks have positive correlation with earning management. Furthermore, compared to non-state-owned enterprises, earning management caused by excess perks is more significant in the SOE; marketization degree can restrain earning management caused by excess perks to some degree. |
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Key words: excess perks; normal perks; earning management; marketization degree |
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