Equity Pledge of Controlling Shareholders, Internal Control and Earnings Management

Yanping Liu (), Zhiyi Huang and Rong Wang
Additional contact information
Yanping Liu: Dalian University of Technology, School of Economics and Management
Zhiyi Huang: Shanghai University of Finance and Economics, School of Accounting
Rong Wang: Dalian University of Technology, School of Economics and Management

A chapter in Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), 2024, pp 936-946 from Springer

Abstract: Abstract From 2012 to 2017, a-share listed companies with stock pledge behaviors of controlling shareholders in Shanghai and Shenzhen stock exchanges were selected as the research object to study the influence of stock pledge behaviors of controlling shareholders of listed companies on internal control and earnings management. The research shows that with the increase of the equity pledge ratio of the controlling shareholder, the quality of internal control of the enterprise will decrease, and the accrual earnings management and real earnings management will increase. Further study found that after the controlling shareholder's equity pledge relatively less costly true earnings management is likely to be carried out by reducing the quality of the company's internal controls.

Keywords: Equity pledge; Internal control; Earnings management (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-256-9_92

Ordering information: This item can be ordered from
http://www.springer.com/9789464632569

DOI: 10.2991/978-94-6463-256-9_92

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().