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公司治理机制是否能阻止收益管理并提高年度报告的可读性?
Dong Zheng1, Rajib Ali2, Zhao Feifei3
1Qingdao University Business College, Qingdao, Shandong, People's Republic of China.
PloS one
|February 14, 2025
概括
收益管理对年度报告的可读性产生负面影响. 然而,企业治理机制提高了可读性,并调节了巴基斯坦证券交易所公司的这种关系.
科学领域:
- 会计会计会计会计会计会计会计会计会计会计
- 公司治理 公司治理
- 财务报告 财务报告 财务报告
背景情况:
- 年度报告的可读性对于投资者理解至关重要.
- 收益管理实践可能会掩盖财务信息.
- 企业治理机制预计将影响报告质量.
研究的目的:
- 调查收益管理 (累计,实际,总) 对年度报告可读性的影响.
- 检查公司治理机制对年度报告可读性的影响.
- 确定公司治理在收益管理和可读性之间的关系中的调节作用.
主要方法:
- 样本:2014-2022年在巴基斯坦证券交易所 (PSX) 上市的250家公司.
- 计量经济学技术:系统通用时刻方法 (GMM).
- 变量:收益管理 (累计,实际,总),公司治理机制,报告可读性.
主要成果:
- 收益管理 (累计,实际,总) 显著降低了年度报告的可读性.
- 这四种公司治理机制都积极而显著地提高了报告的可读性.
- 公司治理机制显著缓解了收益管理对可读性的负面影响.
结论:
- 收益管理阻碍了报告的清晰度,而公司治理则改善了这一点.
- 强有力的公司治理可以减轻收益管理对可读性的不利影响.
- 建议监管机构和企业通过更清晰的语言和简洁的信息来提高报告的可读性.
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