企业社会责任信息披露有助于甄别财务报告质量吗?
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财经研究 2014 年 第 40 卷第 05 期, 页码：133 - 144
摘要
参考文献
摘要
企业社会责任信息披露是否有助于甄别财务报告质量是社会各界普遍关注的热点问题。文章以2009-2011年自愿披露社会责任报告的上市公司为研究样本,研究发现与未披露公司相比,披露社会责任报告的公司真实盈余管理程度更低、更少进行财务重述;社会责任报告评级得分越高的公司真实盈余管理程度越低、发生财务重述的概率越低。研究结果表明企业社会责任信息披露有助于甄别财务报告质量,研究结论可以减少投资者与监管部门信息甄别的成本,有利于投资者做出投资决策和提高监管效率。
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[2]刘玉廷.严格遵守会计准则提供高质量财务报告认真履行社会责任[J].会计研究,2010,(1):7-13.
[3]陆建桥.中国亏损上市公司盈余管理实证研究[J].会计研究,1999,(9):25-35.
[4]周晓苏,周琦.基于盈余管理动机的财务重述研究[J].当代财经,2011,(2):109-117.
[5]周延风,罗文恩,肖文建.企业社会责任行为与消费者响应——消费者个人特征和价格信号的调节[J].中国工业经济,2007.(3):62-69.
[6]朱松.企业社会责任、市场评价与盈余信息含量[J].会计研究,2011,(11):27-34.
[7]Agle B,Mitchell R.Who matters to CEOs?An investigation of stakeholder attributes and salience,corporate performance and CEO values[J].Academy of Management Journal,1999,42(5):507-526.
[8]Branco M C,Rodrigues L.Corporate social responsibility and resource-based perspectives[J].Journal of Business Ethics,2006,69:111-132.
[9]Chih H,C Shen,Kang F.Corporate social responsibility,investor protection,and earnings management:Some international evidence[J].Journal of Business Ethics,2008,79(1/2):179-198.
[10]Cohen D,Dey A,Lys T.Real and accrual-based earnings management in the pre-and post-Sarbanes-Oxley periods[J].The Accounting Review,2008,83(3):757-787.
[11]Donaldson T,Preston L.The stakeholder theory of the corporation:Concepts,evidence,and implications[J].The Academy of Management Review,1995,20(1):65-91.
[12]Fombrun C,Shanley M.What’s in a name?Reputation building and corporate strategy[J].Academy of Management Journal,1990,33(2):233-258.
[13]Friedman M.The social responsibility of business is to increase its profits[J].New York Times,1970,(September 13):122-126.
[14]Fritzche D J.A model of decision making incorporating ethical values[J].Journal of Business Ethics,1991,10(11):841-852.
[15]Grow B,Hamm S,Lee L.The debate over doing good[J].Business Week,2005,August 15:76-78.
[16]Hemingway C,Maclagan P.Managers’personal values as drivers of corporate social responsibility[J].Journal of Business Ethics,2004,50(1):33-44.
[17]Jensen M,Meckling W.Theory of the firm:Managerial behavior,agency cost and capital structure[J].Journal of Financial Economics,1976,3(4):305-360.
[18]Kim Y,Park M S,Wier B.Is earnings quality associated with corporate social responsibility[J].The Accounting Review,2012,87(3):761-796.
[19]Linthicum C,Reitenga A,Sanchez J.Social responsibility and corporate reputation:The case of the Arthur Andersen Enron audit failure[J].Journal of Accounting and Public Policy,2010,29(2):160-176.
[20]Mackey A,Mackey T,Barney J.Corporate social responsibility and firm performance:Investor preferences and corporate strategies[J].The Academy of Management Review,2007,32(3):817-835.
[21]Matten D,Crane A.Corporate citizenship:Toward an extended theoretical conceptualization[J].The Academy of Management Review,2005,30(1):166-179.
[22]McWilliams A,Siegel D,Wright P.Guest editors’introduction corporate social responsibility:Strategic implications[J].Journal of Management Studies,2006,43(1):1-18.
[23]Owen D L,Swift T A,Humphrey C,et al.The new social audits:Accountability,managerial capture or the agenda of social champions?[J].European Accounting Review,2000(9):81-98.
[24]Phillips R,Freeman E,Wicks A.What stakeholder theory is not[J].Business Ethics Quarterly,2003,13(4):479-502.
[25]Prior D,Surroca J,Tribo J.Are socially responsible managers really ethical?Exploring the relationship between earnings management and corporate social responsibility[J].Corporate Governance,2008,16(3):160-177.
[26]Richardson S,Tuna I,Wu M.Capital market pressures and earnings management:The case of earnings restatements[R].Working Paper,University of Pennsylvania,2003.
[27]Roychowdhury S.Earnings management through real activities manipulation[J].Journal of Accounting and Economics,2006,42(3):335-370.
[28]Swanson D.Addressing a theoretical problem by reorienting the corporate social performance model[J].The Academy of Management Review,1995,20(1):43-64.
[29]Tre′bucq S,Russ R.The case of earnings and stakeholder management:Towards an integrated theory of managerial behaviors[R].Working Paper,European Accounting Association 28th Annual Congress,2005.
[30]Waddock S,Graves S.The corporate social performance-financial performance link[J].Strategic Management Journal,1997,18(4):303-319.
[31]Zang A.Evidence on the trade-off between real activities manipulation and accrual-based earnings management[J].The Accounting Review,2012,87(2):675-703.
引用本文
王霞, 徐怡, 陈露. 企业社会责任信息披露有助于甄别财务报告质量吗?[J]. 财经研究, 2014, 40(5): 133–144.
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