An Empirical Analysis of the Relation Between Corporate Governance and Financial Statement Fraud
- 管理学院－已发表论文 
以财务舞弊上市公司为研究对象 ,以董事会构成和所有权结构作为公司治理变量 ,研究公司治理和财务舞弊之间的可能关系。研究发现 ,发生财务舞弊与未发生财务舞弊上市公司董事会中外部董事比例不存在显著差异 ;股权集中度越高的上市公司越容易发生财务舞弊 ;控股股东性质与财务舞弊行为不存在显著相关性。研究还发现 ,上市公司配股活动与财务舞弊显著负相关、公司规模与财务舞弊显著负相关、董事会规模与财务舞弊显著正相关。This study empirically tests the relationship between corporate governance and financial fraud. Results from analysis indicate that there is no significant correlation between percentage of outside directors and financial fraud; there is significant correlation between degree of ownership concentration and financial fraud; there is no significant correlation between nature of the largest shareholder and financial fraud. The study also finds that seasoned equity offering is significantly negatively correlated with financial fraud, the size of company is significantly negatively correlated with financial fraud, and the size of director board is significantly positively correlated with financial fraud.