代理问题与上市公司会计信息质量研究——基于公司治理的视角

上市公司会计信息的披露质量受外部制度环境和内部治理机制两个方面影响.通过对基于内部治理机制的相关研究进行梳理与分析,文章发现这一领域的研究不论是在权力制衡安排的角度还是管理激励契约的角度,公司间的代理异质性问题均未被作为决定性因素加以考虑.由于公司治理机制内生于企业的特定代理问题,因此,代理异质性问题的忽略可能是造成现有相关研究结论不一致的原因.未来的研究,应在构建直接测度和间接测度相结合的会计信息质量综合评价的基础上,全面、系统地研究上市公司代理异质性对会计信息披露质量的影响机理.

On the Relationship of Agency Issue and the Accounting Information Quality of Listed Companies： Based on the Corporation Governance

The external institutional environment and internal governance mechanisms are two effect factors of the accounting information disclosure quality of listed companies. Based on internal governance mechanisms, we find the agent heterogeneity were not as decisive factors in both control power arrangements and manage- ment incentive contract researching field. Because of the fundamental role of agency problem in corporation governance, it may cause inconsistent in research conclusions without involve the agent heterogeneity. In fu- ture researching, the method of accounting information measurement which combining direct and indirect measurement, and the agent heterogeneity, should arouse the attention of researchers.