【摘要】：在并購(gòu)的視角下,以中國(guó)2009年第一季度至2014年第四季度發(fā)布并購(gòu)?fù)瓿晒娴臏預(yù)股上市公司為研究樣本,考察中國(guó)并購(gòu)公司的季度性盈余管理?yè)駲C(jī)行為。根據(jù)并購(gòu)高風(fēng)險(xiǎn)、受關(guān)注度高等特征,結(jié)合中國(guó)上市公司盈余管理的資本市場(chǎng)動(dòng)機(jī)和契約動(dòng)機(jī)進(jìn)行理論分析,并進(jìn)行實(shí)證檢驗(yàn)。實(shí)證結(jié)果顯示,中國(guó)發(fā)生并購(gòu)的上市公司管理者會(huì)基于資本市場(chǎng)動(dòng)機(jī)和契約動(dòng)機(jī)擇機(jī)在第三季度或第四季度進(jìn)行機(jī)會(huì)主義盈余管理。
[Abstract]:From the perspective of M & A, the Shanghai and Shenzhen A-share listed companies issued from the first quarter of 2009 to the fourth quarter of 2014 were taken as the research samples to investigate the quarterly earnings management opportunities of Chinese M & A companies. According to the characteristics of high risk and high attention of M & A, this paper analyzes the capital market motivation and contract motivation of Chinese listed companies' earnings management, and makes an empirical test. The empirical results show that managers of listed companies with M & A in China will choose opportunistic earnings management in the third or fourth quarter on the basis of capital market motivation and contractual motivation.
【作者單位】： 國(guó)防大學(xué)聯(lián)合勤務(wù)學(xué)院;云南財(cái)經(jīng)大學(xué)統(tǒng)計(jì)與數(shù)學(xué)學(xué)院;
【分類號(hào)】：F271;F275;F832.51
，

本文編號(hào)：2358625