家族企业选择保守的会计实务吗？

IF 2 Q2 BUSINESS, FINANCE

International Journal of Accounting Pub Date : 2019-12-12 DOI:10.1142/s1094406019500148

Mehul Raithatha, T. Shaw

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引用次数: 8

摘要

我们调查了家族企业是否有动机采用保守的会计做法，因为它们具有高发起人持股、较少多元化的股权和对业务的长期兴趣的独特特征。我们研究了家族企业内部的异质性，通过家族成员参与管理和企业与企业集团的关系来捕捉，是否会驱动保守行为。我们在2006年至2015年的2534家印度上市公司的样本上测试了我们的模型。我们的研究结果表明，家族控制的公司在其会计实践中更具条件保守性，尤其是当家族成员管理这些公司时，以及当它们隶属于一个企业集团时。这些发现对于保守主义的替代测量是稳健的，并且在控制了遗漏变量偏差和反向因果关系之后也是稳健的。

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Do Family Firms Choose Conservative Accounting Practices?

We investigate whether family firms are motivated to adopt conservative accounting practices, given their unique characteristics of high promoter holdings, less diversified equity, and long-term interest in the business. We examine whether heterogeneity within family firms, captured through family members’ involvement in management and the firm’s affiliation to a business group, drives conservative behavior. We test our model on a sample of 2534 listed Indian firms from 2006 to 2015. Our results indicate that family-controlled firms are more conditionally conservative in their accounting practices, especially when family members manage them and when they are affiliated with a business group. These findings are robust to alternative measures of conservatism and also after controlling for omitted variable bias and reverse causality.

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来源期刊

International Journal of Accounting BUSINESS, FINANCE-

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The aim of The International Journal of Accounting is to advance the academic and professional understanding of accounting theory, policies and practice from the international perspective and viewpoint. The Journal editorial recognizes that international accounting is influenced by a variety of forces, e.g., governmental, political and economic. Thus, the primary criterion for manuscript evaluation is the incremental contribution to international accounting literature and the forces that impact the field. The Journal aims at understanding the present and potential ability of accounting to aid in analyzing and interpreting international economic transactions and the economic consequences of such reporting. These transactions may be within a profit or non-profit environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions in an increasingly interdependent global economy. The Journal also welcomes manuscripts that help explain current international accounting practices, with related theoretical justifications, and identify criticisms of current policies and practice. Other than occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process.