女性独立董事能否解释中国上市公司社会责任与盈余管理之间的双向关系?

IF 4.3 Q2 MANAGEMENT

International Journal of Accounting and Information Management Pub Date : 2019-08-05 DOI:10.1108/ijaim-03-2018-0027

Muhammad Safdar Sial, Chun-mei Zheng, Nguyen Vinh Khuong

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引用次数: 27

摘要

目的本研究旨在探讨企业社会责任(CSR)与盈余管理(应计项目和实际盈余管理)之间双向关系的可能性，以及女性和独立董事的调节作用。设计/方法/方法作者使用STATA对2009-2015年中国上市公司数据样本进行广义矩法检验。不平衡样本从中国股票市场和会计研究数据库以及Rankins提供的企业社会责任评级中获得3481条观察值。研究结果表明，双向企业社会责任与基于权责发生制的新兴市场之间存在显著的负相关关系。此外，女性和独立董事调节了企业社会责任与新兴市场之间的双向关系。研究的局限性/意义本研究并未包括所有金融、保险和投资公司对企业社会责任和新兴市场的影响，进一步的研究可能包括家族所有权，以增强新兴市场的证据。原创性/价值本研究主要通过提供证据证明女性和独立董事在企业社会责任与新兴市场的双向关联中起调节作用，对企业社会责任、女性和独立董事以及新兴市场的文献做出了贡献。

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Do female and independent directors explain the two-way relationship between corporate social responsibility and earnings management of Chinese listed firms?

PurposeThis study aims to explore the possibility of a two-way relationship between corporate social responsibility (CSR) and earnings management (accruals and real EM) with the moderating role of female and independent directors.Design/methodology/approachThe authors use STATA to test the generalized method of moments on a sample of Chinese listed ﬁrms data over the period 2009-2015. The unbalanced sample obtained 3,481 observations from China stock market and accounting research database and CSR rating provided by Rankins.FindingsThe results indicate a significant negative relationship between two-way CSR and accrual-based EM. Moreover, female and independent directors moderate the two-way relationship between CSR and EM.Research limitations/implicationsThe present study does not include all financial, insurance and investment firms to impact on CSR and EM. Further research might consist of family ownership to enhance the evidence for an emerging market.Originality/valueThis study primarily contributes to the literature on CSR, female and independent directors, and EM by providing evidence for the moderating role of female and independent directors on the two-way association between CSR and EM.

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来源期刊

International Journal of Accounting and Information Management MANAGEMENT-

CiteScore

7.90

自引率

3.00%

发文量

期刊介绍： The International Journal of Accounting & Information Management focuses on publishing research in accounting, finance, and information management. It specifically emphasizes the interaction between these research areas on an international scale and within both the private and public sectors. The aim of the journal is to bridge the knowledge gap between researchers and practitioners by covering various issues that arise in the field. These include information systems, accounting information management, innovation and technology in accounting, accounting standards and reporting, and capital market efficiency.