暴露风险视角下企业生产效率波动与财务舞弊研究——基于DEA-Malmquist指数的实证
Firms'Productivity Fluctuations and Financial Fraud under the Exposure Risk Perspective——Empirical Evidence Based on DEA-Malmquist Index
管河山 1廖航 1王谦2
作者信息
- 1. 南华大学 经济管理与法学学院,湖南 衡阳 421001
- 2. 南华大学 经济管理与法学学院,湖南 衡阳 421001;福建师范大学 经济学院,福建 福州 350117
- 折叠
摘要
暴露风险是舞弊四因素理论(GONE理论)中影响财务舞弊行为的重要因素.本研究使用数据包络分析构建企业生产效率波动指标,建立博弈模型从风险暴露视角给出生产效率波动影响财务舞弊行为的机理分析.选取 2016 年至 2020年A股市场制造业上市公司样本进行实证,研究发现:生产效率波动越大,上市公司财务舞弊的风险程度越高;异质性研究结果表明公司透明度、审计质量和外部监督强度会影响生产效率波动与舞弊风险程度之间的关系.研究拓展了财务舞弊识别视角,为上市公司财务舞弊行为监管提供有价值的参考.
Abstract
Exposure risk is an important factor affecting fraud behaviour in GONE theory,this paper uses data envelopment analysis to construct the index of enterprise production efficiency fluctuation,and establishes a game model to analyze the mechanism of production efficiency fluctu-ation affecting financial fraud from the perspective of risk exposure.The samples of manufacturing listed companies in the A-share market from 2016 to 2020 are selected for empirical research,and it is found that the higher the productivity fluctuation,the higher the risk of financial fraud in listed companies;The results of heterogeneity study show that corporate transparency,audit quality and external supervision intensity will affect the relationship between production efficiency fluctuation and fraud risk.The research can expand the perspective of financial fraud identification and provides valuable references for the regulation of financial fraud in listed companies.
关键词
生产效率/DEA-Malmquist指数/博弈/GONE理论Key words
Productivity/DEA-Malmquist index/Games/GONE theory引用本文复制引用
基金项目
湖南省哲学社会科学青年项目(20YBQ084)
湖南省教育厅重点项目(21A0262)
出版年
2024
NETL
NSTL
万方数据