财经理论与实践2017，Vol.38Issue(1)：95-102,8.
管理层权力、盈余管理与股市流动性基于企业生命周期的视角
Enterprise Life Cycle,Managerial Power and Earnings Management--Evidence from the A-share Market in China
摘要
Abstract
Based on data of the A shares in Shanghai and Shenzhen,this paper tests the influ-ence of managerial power between accrual-based and real earnings management activities.This study found that the enterprise life cycle will affect the relationship of managerial power and earn-ings management.In the life cycle of enterprise growth and decline,the managerial power is posi-tively correlated with accrued earnings management.In the life cycle of enterprise growth and maturation,the managerial power is positively correlated with real earnings management.We found in further study that the accrual earnings management activities enhance the stock trading activity;but after the implementation of real earnings activities,the stock trading activity re-duced greatly.关键词
管理层权力/企业生命周期/盈余管理方式Key words
managerial power/enterprise life cycle/earnings management分类
管理科学引用本文复制引用
罗珊梅..管理层权力、盈余管理与股市流动性基于企业生命周期的视角[J].财经理论与实践,2017,38(1):95-102,8.基金项目
江苏省博士生创新计划项目(IAPHD) （IAPHD）
