分析师追随、财务约束与审计意见购买——基于盈余管理的视角

IF 9.4 3区管理学 Q1 BUSINESS, FINANCE

Journal of International Financial Management & Accounting Pub Date : 2022-07-05 DOI:10.1111/jifm.12163

Zhijun Lin, Longmei Wang

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引用次数: 4

摘要

本研究以2008年至2018年的中国a股公司为样本，从盈余管理的角度考察了分析师追随、财务约束和审计意见购买之间的关系。我们发现，分析师跟随缓解了公司的应计盈余管理活动，而该活动抑制了意见购买行为；另一方面，它促进了实际的盈余管理活动，鼓励公司努力进行审计意见购买。盈余管理对分析师追随与审计意见购买之间的正向关联具有中介作用。公司财务约束放大了分析师追随对意见购买的积极影响。

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Analyst following, financial constraint, and audit opinion shopping: From the perspective of earning management

This study examines the relationships among analyst following, financial constraint, and audit opinion shopping from the perspective of earnings management, taking a sample of Chinese A-share firms from 2008 to 2018. We find that analyst following alleviates firm's accrued earnings management activities which restrain opinion shopping behaviors; on the other hand, it prompts real earnings management activities that encourage firm's effort to audit opinion shopping. Earnings management has a mediation effect on the positive association between analyst following and audit opinion shopping. Corporate financial constraint amplifies the positive effect of analyst following on opinion shopping.

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来源期刊

Journal of International Financial Management & Accounting BUSINESS, FINANCE-

CiteScore

9.10

自引率

2.00%

发文量

期刊介绍： The Journal of International Financial Management & Accounting publishes original research dealing with international aspects of financial management and reporting, banking and financial services, auditing and taxation. Providing a forum for the interaction of ideas from both academics and practitioners, the JIFMA keeps you up-to-date with new developments and emerging trends.