巴西董事会联锁和盈余管理的政治和金融背景

IF 1.3 Q3 BUSINESS
Cristian Baú Dal Magro, R. Klann
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引用次数: 1

摘要

虽然董事会连锁效应的潜在力量在很大程度上是隐藏的,但本文的目的是为管理者、审计师、分析师、监管者和其他利益相关者提供考虑到其成员不同背景的社会学董事会连锁信息。设计/方法/方法研究样本收集了2010年至2017年的1606项观察结果。在数据分析中,考虑到董事会成员的不同背景,直接和间接的董事会联锁联系建立了中心性指标。随后,作者根据回归模型中每个测量的背景使用这些指标。结果表明,董事会成员的政治背景与实际盈余管理实践呈正相关,而财务背景对此类实践具有缓解作用。研究局限/启示研究结果表明,个人技能和兴趣在企业社交网络中传达,对公司治理有影响,对会计信息质量有明显影响。作者得出结论,这两种背景都可能对代理冲突产生影响,增加(政策)或减少(财务)公司与其各种利益相关者之间的信息不对称,这表明作者必须考虑公司治理中的社会学而不仅仅是经济方面。社会影响个人的社会背景对于监督机制的一致性是必要的,因此,会计信息的质量也是必要的。原创性/价值本研究考察了在国际财务报告准则采用后阶段,董事会成员的政治和财务背景对巴西上市公司真实盈余管理实践的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Political and financial background in board interlocking and earnings management in Brazil
Purpose Although board interlocking underlying forces are largely hidden, the purpose of this paper is to provide managers, auditors, analysts, regulators and other stakeholders with sociological board interlocking information considering the different backgrounds of their members. Design/methodology/approach The research sample gathered 1,606 observations from 2010 to 2017. For data analysis, the direct and indirect board interlocking linkages, considering the different backgrounds of board members, established the centrality indicators. Subsequently, the authors used these indicators according to each measured background in the regression models. Findings The results indicate that the political background of board interlocking members is positively related to real earnings management practices, while the financial background has a mitigating effect on such practices. Research limitations/implications The findings suggest that individual skills and interests conveyed across the corporate social network have shaped corporate governance, with distinct impacts on the quality of accounting information. Practical implications The authors conclude that both backgrounds could have implications on agency conflicts, increasing (policy) or reducing (financial) information asymmetry between the company and its various stakeholders, which indicates that the authors must consider sociological and not just economic aspects within corporate governance. Social implications The sociological background of individuals is necessary for the congruence of monitoring mechanisms, and consequently, the quality of accounting information. Originality/value This study examines the influence of the political and financial background of board interlocking members on real earnings management practices in Brazilian publicly traded companies in the International Financial Reporting Standards post-adoption period.
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来源期刊
CiteScore
3.30
自引率
5.00%
发文量
22
审稿时长
30 weeks
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