發(fā)布時(shí)間：2018-03-28 09:10

  本文選題：自愿性信息披露　切入點(diǎn)：上市商業(yè)銀行　出處：《南京財(cái)經(jīng)大學(xué)》2013年碩士論文

【摘要】：上市商業(yè)銀行的信息披露包括強(qiáng)制性披露和自愿性披露。與制度驅(qū)動(dòng)型的強(qiáng)制性信息披露不同，自愿性信息披露屬于動(dòng)因激勵(lì)型的信息披露，自愿性披露的質(zhì)量和數(shù)量反映了上市公司管理者對(duì)信息披露可能產(chǎn)生成本和收益的綜合考慮。 作為金融媒介，商業(yè)銀行的產(chǎn)品和資本結(jié)構(gòu)與其他企業(yè)有較大不同。由于銀行業(yè)高負(fù)債率的特點(diǎn)和穩(wěn)健性經(jīng)營(yíng)的要求，監(jiān)管部門(mén)對(duì)其信息披露方式的規(guī)定也不同于其他行業(yè)。同時(shí)，由于商業(yè)銀行經(jīng)營(yíng)的特殊性和專業(yè)性，資金的提供者很難了解銀行資金的使用渠道，因此商業(yè)銀行的信息不對(duì)稱問(wèn)題比其他行業(yè)更為嚴(yán)重，信息披露也尤為重要。而自愿性披露作為上市銀行展示經(jīng)營(yíng)狀況和自身實(shí)力的重要方式，具有重要的參考意義。研究自愿性披露與銀行代理成本的關(guān)系，不僅有利于對(duì)商業(yè)銀行的治理提出改進(jìn)措施，而且有利于對(duì)銀行業(yè)監(jiān)管提出政策建議 本文通過(guò)對(duì)2009-2011年我國(guó)14家上市商業(yè)銀行年報(bào)的考察，依據(jù)信息披露相關(guān)規(guī)定及國(guó)內(nèi)外的研究成果，設(shè)計(jì)了包含戰(zhàn)略和環(huán)境信息、非財(cái)務(wù)信息、管理層分析和討論信息、預(yù)測(cè)信息四大類指標(biāo)的自愿性信息披露指標(biāo)體系，并利用改進(jìn)后的兩分法對(duì)各指標(biāo)進(jìn)行打分匯總。同時(shí)，通過(guò)引入信息論的熵值法模型，計(jì)算出各指標(biāo)的客觀權(quán)重，進(jìn)而得到各上市銀行自愿性信息披露水平的綜合評(píng)價(jià)值。本文通過(guò)參考國(guó)內(nèi)外研究中選取代理成本替代變量的理念，，針對(duì)銀行業(yè)獨(dú)有的特征，設(shè)定了上市商業(yè)銀行代理成本的三個(gè)替代變量。在對(duì)銀行規(guī)模、績(jī)效以及性質(zhì)等反映公司基本特征的變量進(jìn)行控制的情況下，對(duì)上市商業(yè)銀行的自愿性披露水平和代理成本的關(guān)系進(jìn)行了實(shí)證分析。 本文主要結(jié)論如下： 1、我國(guó)上市商業(yè)銀行自愿性信息披露水平存在差異，各類信息在指標(biāo)體系中按所起作用的大小依次為預(yù)測(cè)信息、管理層分析和討論信息、環(huán)境和戰(zhàn)略信息、非財(cái)務(wù)信息。從銀行的性質(zhì)上來(lái)看，信息披露綜合評(píng)價(jià)值排名前6的銀行中，只一家國(guó)有銀行，其他均為股份制銀行。但股份制銀行自愿性信息披露的兩極分化情況也比較明顯，前三名和最后兩名均為股份制銀行。可見(jiàn)在股份制銀行內(nèi)部，對(duì)自愿性信息的披露重視程度也存在一定差異。 2、在對(duì)上市銀行規(guī)模、績(jī)效、股權(quán)結(jié)構(gòu)等變量進(jìn)行控制的情況下，對(duì)上市商業(yè)銀行自愿性披露水平和代理成本的關(guān)系進(jìn)行了實(shí)證分析，結(jié)果顯示反映銀行自愿性信息披露水平和代理成本之間存在顯著關(guān)系。
[Abstract]:Listed commercial bank information disclosure including the mandatory disclosure and voluntary disclosure. And the system of mandatory information disclosure of different driving type, the voluntary disclosure motivation incentive belongs to information disclosure, the quantity and quality of voluntary disclosure reflects the managers of listed companies to disclose considering the possible costs and benefits of information.
As the financial media, commercial bank products and capital structure is quite different from other enterprises. Due to the characteristics and requirements of the stable operation of banking high debt ratio, regulatory disclosure rules on their information is different from other industries. At the same time, the commercial bank by the special and professional products, providers of funds it is difficult to understand the use of bank funds channels, so the information asymmetry problem of commercial banks more serious than any other industry, is also particularly important. Information disclosure and voluntary disclosure of listed banks as an important way to show business conditions and their own strength, which has important reference significance. Research on the relationship between voluntary disclosure and bank agency cost, not only conducive to put forward the improvement measures of governance of commercial banks, but also puts forward policy suggestions on banking supervision
In this paper, through the study of China's 14 Listed Commercial Bank annual report for 2009-2011 years, according to the relevant provisions of the information disclosure and the domestic and foreign research results, the design includes strategic and environmental information, non financial information management, information analysis and discussion, the index system of voluntary information disclosure of forecast information of four major categories of indicators, and scoring summary to each index by dichotomy. The improved model is introduced at the same time, through the method of entropy of information theory, calculate the objective weights of each index, and comprehensive evaluation of the level of voluntary information disclosure of the listed banks. The value of this paper at home and abroad in selected agency cost alternative variable concept, according to the characteristics of the banking industry's unique three, set the substitute variables of listed commercial banks. The agency cost on the banks of scale, performance and properties reflect the basic characteristics of the company for the control variables In the case, the relationship between the voluntary disclosure level and the agency cost of the listed commercial banks is analyzed.
The main conclusions of this paper are as follows:
1, China's listed commercial banks' voluntary disclosure level differences, all kinds of information in the index system according to the work order information, management discussion and analysis of information, environment and strategic information, non financial information from the bank's nature, information disclosure of the comprehensive evaluation value of the top 6 in the bank, only a state-owned bank, all other joint-stock banks. But the polarization of the joint-stock banks voluntary disclosure of information is also more obvious, the top three and the last two are visible in the internal joint-stock banks. The joint-stock banks, the voluntary disclosure of the degree of attention also has some differences.
In 2, the performance of listed banks, control the scale, ownership structure variables, the relationship between the level of voluntary disclosure of Listed Commercial Bank and agency cost were analyzed, results showed that reflect the level of voluntary disclosure of information between the bank and the agency cost have significant relationship.

【學(xué)位授予單位】：南京財(cái)經(jīng)大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2013
【分類號(hào)】：F832.33;F830.42

【參考文獻(xiàn)】

相關(guān)期刊論文 前3條

1 殷楓;;公司治理結(jié)構(gòu)和自愿性信息披露關(guān)系的實(shí)證研究[J];審計(jì)與經(jīng)濟(jì)研究;2006年02期

2 王懷明;宿金香;;董事會(huì)特征與企業(yè)自愿信息披露[J];審計(jì)與經(jīng)濟(jì)研究;2007年03期

3 王惠芳;上市公司盈利預(yù)測(cè)信息自愿性披露實(shí)證研究——來(lái)自1090家中國(guó)上市公司中期報(bào)告的證據(jù)[J];山西財(cái)經(jīng)大學(xué)學(xué)報(bào);2005年04期

本文編號(hào)：1675675