董事会特征、审计师声誉对商誉减值影响的实证研究
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摘要
本文对我国上市公司2012-2017年商誉减值准备计提情况进行了统计性描述,同时在控制商誉规模、净资产收益率以及公司资产规模的影响下,以2012-2017年进行商誉减值的上市公司为研究对象,实证研究董事会特征和审计师声誉对商誉减值的影响。结果显示:董事会特征中,董事会规模和独立董事比例对上市公司商誉减值计提有显著的正向影响,而女性高管比例与商誉减值之间存在倒U型相关关系;审计师声誉对上市公司商誉减值有负向影响。
This article statistically presents the provisions for goodwill impairment by listed companies in China from 2012 to 2017. With those listed companies that wrote down goodwill from 2012 to 2017 as the research subjects, controlling the influence exerted by the scale of goodwill, returns on net assets and scale of corporate assets, it conducts an empirical research on the influence of the characteristics of board of directors and auditor's reputation on goodwill impairment and finds that in terms of the characteristics of board of directors, the number of members of board of directors and the proportion of independent directors have a significantly positive correlation to the provisions for goodwill impairment while the proportion of female executives has a converse "U" correlation to goodwill impairment; the auditor's reputation has a negative correlation to the provisions for goodwill impairment.
This article statistically presents the provisions for goodwill impairment by listed companies in China from 2012 to 2017. With those listed companies that wrote down goodwill from 2012 to 2017 as the research subjects, controlling the influence exerted by the scale of goodwill, returns on net assets and scale of corporate assets, it conducts an empirical research on the influence of the characteristics of board of directors and auditor's reputation on goodwill impairment and finds that in terms of the characteristics of board of directors, the number of members of board of directors and the proportion of independent directors have a significantly positive correlation to the provisions for goodwill impairment while the proportion of female executives has a converse "U" correlation to goodwill impairment; the auditor's reputation has a negative correlation to the provisions for goodwill impairment.
引文
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4 .Bens D A, Heltzer W. The information content and timeliness of fair value accounting:an examination of goodwill write-offs before, during and after implementation of SFAS 142[J].University of Chicago, Chicago, IL, Working paper, 2004.
5 .Ahmed A S, Guler L. Evidence on the Effects of SFAS 142 on the Reliability of Goodwill Write-offs[J]. Available at SSRN 989056,2007.
6 .吴虹雁,刘强.商誉减值会计经济后果分析.现代财经(天津财经大学报).2014(09)
7 .Darrough, M., Guler, L.,&Wang, P. Goodwill impairment losses and CEO compensation[J].Journal of Accounting,Auditing and Finance,2014, 29(4):435-463.
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9 .曲晓辉,卢煜,汪健.商誉减值与分析师盈余预测——基于盈余管理的视角.山西财经大学学报.2016(04)
10 .王秀丽.商誉减值:经济因素还是盈余管理?——基于A股上市公司的经验证据.中国注册会计师.2015(12)
11 .杜兴强,赖少娟,裴红梅.女性高管总能抑制盈余管理吗?——基于中国资本市场的经验证据.会计研究.2017(01)
2 .董晓洁.商誉、减值及盈余管理实证研究.商业会计.2014(13)
3 .卢煜,曲晓辉.商誉减值的盈余管理动机——基于中国A股上市公司的经验证据.山西财经大学学报.2016(07)
4 .Bens D A, Heltzer W. The information content and timeliness of fair value accounting:an examination of goodwill write-offs before, during and after implementation of SFAS 142[J].University of Chicago, Chicago, IL, Working paper, 2004.
5 .Ahmed A S, Guler L. Evidence on the Effects of SFAS 142 on the Reliability of Goodwill Write-offs[J]. Available at SSRN 989056,2007.
6 .吴虹雁,刘强.商誉减值会计经济后果分析.现代财经(天津财经大学报).2014(09)
7 .Darrough, M., Guler, L.,&Wang, P. Goodwill impairment losses and CEO compensation[J].Journal of Accounting,Auditing and Finance,2014, 29(4):435-463.
8 .卢煜,曲晓辉.商誉减值与高管薪酬——来自中国A股市场的经验证据.当代会计评论.2016(01)
9 .曲晓辉,卢煜,汪健.商誉减值与分析师盈余预测——基于盈余管理的视角.山西财经大学学报.2016(04)
10 .王秀丽.商誉减值:经济因素还是盈余管理?——基于A股上市公司的经验证据.中国注册会计师.2015(12)
11 .杜兴强,赖少娟,裴红梅.女性高管总能抑制盈余管理吗?——基于中国资本市场的经验证据.会计研究.2017(01)