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本文基于CSMAR数据库2010—2012年深沪上市的A股数据,从产权性质视角研究代理问题和应计盈余管理及真实活动盈余管理的关系,结论表明:第一,全样本中代理成本和应计盈余管理及真实活动盈余管理正相关;第二,代理成本和盈余管理的关系在国有控股和非国有控股公司中存在显著差异,且二者的关系在国有控股样本中更显著。本文对于提高公司的内外部监管,完善治理结构、降低代理成本以及公司盈余管理程度具有一定的参考意义。
Based on the CSMAR data of A shares listed in Shenzhen and Shanghai from 2010 to 2012, this paper studies the relationship between agency issues and accruals and real activities earnings management from the perspective of property rights. The conclusions show that: First, the agency costs and accruals Earnings Management and Real Activity Earnings Management are positive correlations. Second, the relationship between agency costs and Earnings Management is significantly different between state-controlled and non-state-controlled companies, and the relationship between the two is more significant in the state-controlled sample. This article has certain reference value for improving internal and external supervision of the Company, perfecting governance structure, reducing agency costs and the extent of corporate earnings management.