Does the Managerial Risk Preference Influence Earnings Management of Chinese Listed Companies?

摘要：

　　Earnings management keeps accounting information from reporting the business situation of enterprises objectively and will mislead investors and regulators in decision-making.The purpose of this study is to investigate whether Chinese listed companies with higher risk preference managers conduct more earnings management.The result of empirical study shows that managerial risk preference has a significant impact on earnings management,that is,the higher managerial risk preference is,the higher degree of earnings management will be.We conclude that compared with those managers in small and medium enterprises,managers’ risk preference in large enterprises has more significant impact on earnings management.We also find that private enterprise managers’ risk preference has more significant impact on earnings management compared with those in state-owned enterprises.

关键词： Earnings management Managerial risk preference Principle factor analysis

作者: WANG Yang ZHENG Chun-yan Han Weihe

作者单位: School of Management,China University of Mining & Technology(Beijing),P. R. China,100083 Post-doctoral Workstation,Bank of Beijing,P. R. China,100080

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 220-226

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）