会计专业独立董事选聘与盈余管理——基于人才资源的视角

Independent Directors with Accounting Background Employment and Earnings Management:Based on the Perspective of Talent Resources

中文关键词:  人才资源  会计专业  独立董事  独立董事选聘  盈余管理  治理效果

英文关键词:talent resources  accounting background  independent directors  employment of independent directors  earnings management  governance effects

中文摘要:

      地方人才资源状况作为企业面临的重要外部宏观环境,其对企业独立董事治理的影响不容忽视。基于我国A股上市公司2007—2016年的数据,实证分析了选聘不同类型会计专业独董所产生的治理效果差异以及人才资源对会计专业独董选聘的影响。研究发现,本地会计专业独董比异地会计专业独董更能抑制公司的盈余管理；上市公司所在地人才资源丰富程度与选聘本地会计专业独董显著正相关。这表明,相对于聘用异地会计专业独董的公司,聘用本地会计专业独董的公司有更高的盈余质量,然而,受制于人才资源的约束,人才资源越匮乏地区的上市公司越可能聘请异地会计专业独董。进一步研究发现,在人才资源匮乏地区,交通便利性能提升异地会计专业独董所在公司的盈余质量；本省异地会计专业独董比外省异地会计专业独董更能抑制公司的盈余管理。

英文摘要:

      As an important external macro circumstance faced by companies, local talent resources have a great impact on the governance of independent directors. Based on the data of China's A-share listed companies from 2007 to 2016, this paper studies the differences in governance effects caused by the employment of independent directors with different types of accounting background and the impact of talent resources on the selection of independent directors with accounting background. It is found that local independent directors with accounting background can restrain earnings management more than non-local independent directors with accounting background. There is a significant positive correlation between the abundance of local talent resources of the listed company and the employment of local independent directors with accounting background. This shows that, compared with the companies employing non-local independent directors with accounting background, the companies employing local independent directors with accounting background have higher earnings quality. However, subject to the constraints of talent resources, listed companies in regions with more scarce talent resources are more likely to employ non-local independent directors with accounting background. Further research also reveals that in regions where talent resources are scarce, travel convenience can improve the earnings quality of the company which hires non-local independent directors. Non-local independent directors with accounting background from the same province as companies' location perform better in suppressing earnings management than the ones from different provinces.