工会化与员工福利:基于盈余管理的理论研究

IF 2.3 Q2 BUSINESS, FINANCE
G.C.I. Lin, A. Brown, Eric Lin, Chunhao Xu
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引用次数: 0

摘要

工会化通常被认为是通过提高薪酬和福利来改善员工福利。然而,有工会组织的公司的管理者有动机向下管理收入,以避免与有工会组织的工人分享租金,这可能解释了为什么关于工会组织与员工薪酬之间关系的实证研究结果好坏参半。本文建立了一个将盈余管理纳入新加入工会的企业与员工薪酬关系的分析模型。设计/方法/方法作者开发了一个基于纳什议价理论和信号干扰的分析模型(Stein, 1989;Fischer and Verrecchia, 2000;Dye和Sridhar, 2004),并建立了一个新加入工会的工人集体谈判能力大幅增加的环境模型。作者的模型分析了新加入工会的企业与员工工资和福利之间的关系,同时纳入了企业参与盈余管理的动机。研究结果作者发现,新成立工会的公司更有可能采取减少收入的盈利管理,以避免向工人支付更高的工资。此外,作者还发现,当(1)企业盈余跨期相关性较高,(2)盈余管理成本较低,(3)企业盈余波动性较大时,这种关联更为明显。这是第一篇分析新工会化对企业盈余管理和工人福利影响的论文。作者的模型提供了新的横截面预测,在以前的文献中没有经过测试。具体而言,作者表明,新加入工会的公司更有可能从事减少收入的盈余管理;当盈余的相关性越高时,盈余管理的成本越低,盈余的波动性越大。作者的发现可能与监管机构和政策制定者有关。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Unionization and employee welfare: a theoretical investigation using earnings management
PurposeUnionization is generally thought to improve employee welfare through higher compensation and benefits. However, managers of unionized firms have incentives to manage earnings downward to avoid sharing rents with unionized workers, which may explain why empirical findings on the association between unionization and employee compensation are mixed. This paper develops an analytical model incorporating earnings management into the relationship between newly unionized firms and employee compensation.Design/methodology/approachThe authors develop an analytical model that relies on Nash bargaining theory and signal jamming (Stein, 1989; Fischer and Verrecchia, 2000; Dye and Sridhar, 2004) and model a setting where newly unionized workers' collective bargaining power increases substantially. The authors' model analyzes the relationship between newly unionized firms and employee wages and benefits while incorporating firms' incentives to engage in earnings management.FindingsThe authors find that newly unionized firms are more likely to engage in income-decreasing earnings management to avoid paying higher salaries and wages to workers. Further, the authors find that this association is more pronounced when (1) the correlation of firms' earnings across periods is higher, (2) the cost of earnings management is lower and (3) firms' earnings are more volatile.Originality/valueThis is the first paper to analytically model the effect of new unionization on firms' earnings management and workers' welfare. The authors' model offers new cross-sectional predictions that have not been tested in the prior literature. Specifically, the authors show that newly unionized firms are more likely to engage in income-decreasing earnings management; when earnings are more highly correlated, the cost of earnings management is lower and earnings are more volatile. The authors' findings may be relevant to regulators and policymakers.
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来源期刊
Asian Review of Accounting
Asian Review of Accounting BUSINESS, FINANCE-
CiteScore
3.20
自引率
25.00%
发文量
32
期刊介绍: Covering various fields of accounting, Asian Review of Accounting publishes research papers, commentary notes, review papers and practitioner oriented articles that address significant international issues as well as those that focus on Asia Pacific in particular.Coverage includes but is not limited to: -Financial accounting -Managerial accounting -Auditing -Taxation -Accounting information systems -Social and environmental accounting -Accounting education Perspectives or viewpoints arising from regional, national or international focus, a private or public sector information need, or a market-perspective or social and environmental perspective are greatly welcomed. Manuscripts that present viewpoints should address issues of wide interest among accounting scholars internationally and those in Asia Pacific in particular.
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