Exploring the Relationship of Corporate Governance and Earnings Quality - Evidence from Business Group in China

• Main Authors: PEI-HSIN, WU, 吳蓓欣
• Other Authors: HUI-LING, CHEN
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/2a2yv2

碩士 === 國立臺灣師範大學 === 全球經營與策略研究所 === 101 === This paper examines factors which affect the earnings quality of business groups in China. The empirical results indicate that the earnings quality of business groups whose controlling shareholders are local governments is insignificantly different from the business groups whose controlling shareholders are central governments. The results also indicate that the earnings quality of private business group is significantly lower than that of stated-owned business groups. We also find that the wedge between cash flow rights and voting rights is insignificantly associated with the earnings quality of business groups. Moreover, CEO’s political connection is insignificantly associated with the earnings quality of business groups.