作　　者： (左锐）; (李玉洁）; ;

机构地区： 西安财经学院商学院

出　　处： 《会计与经济研究》 2018年第4期27-45,共19页

摘　　要： 文章以2012—2016年中国A股上市公司为样本,通过对企业诚信文化的文本分析及综合评分,实证检验企业诚信文化与财务报告重述的关系。研究发现,企业诚信文化与财务报告重述显著负相关,企业诚信文化在一定程度上能够约束企业行为。进一步研究发现,作为一种正式制度,法制发展与企业诚信文化存在一定的替代效应,即法制环境较差时,企业诚信文化与财务报告重述的负相关性更显著;作为应对代理问题的一种股权激励机制,管理层持股与企业诚信文化对财务报告重述具有一定的互补效应,即企业诚信文化与管理层持股的共存对财务报告重述的约束作用更显著;内部控制是企业诚信文化影响财务报告重述的路径之一。 Taking all A-share listed companies in 2012-2016 as samples,the paper examines the relationship between the culture of corporate integrity and the financial restatement through a textual analysis and the comprehensive evaluation on the culture of corporate integrity. The empirical result shows that the culture of corporate integrity has a negative effect on financial restatement,which means the culture of corporate integrity can constrain corporate behaviors to a certain extent. Further study finds that a substitution effect exists between the culture of corporate integrity and law environment,a kind of formal institution. When the law level is weaker,the negative relationship between the culture of corporate integrity and the financial restatement is more significant. Furthermore,a complementary effect exists between the culture of corporate integrity and the management shareholding,an equity incentive to solve agency problems. When the management owns shares,the negative relationship between the culture of corporate integrity and the financial restatement is more significant. At last,it is found that the internal control plays an intermediary role in the relationship between the culture of corporate integrity and the financial restatement.

关 键 词： 企业诚信文化 财务报告重述 法制环境 管理层持股 内部控制

领　　域： [经济管理—会计学] [经济管理—国民经济]