上市公司年報風(fēng)險信息披露研究簡(jiǎn)介，目錄書(shū)摘

　　了解上市公司年報風(fēng)險信息披露的佳作。

　　上市公司風(fēng)險信息披露質(zhì)量研究，是國內外研究的前沿和熱點(diǎn)問(wèn)題，能彌補相關(guān)文獻空缺，能應用到提高上市公司風(fēng)險信息披露、投資者的投資決策、政府監管部門(mén)的監管和相關(guān)政策的制定。首先，風(fēng)險信息披露質(zhì)量可以用委托代理理論、市場(chǎng)約束與政府監管理論、經(jīng)濟學(xué)供求理論等多重理論解釋?zhuān)坏诙?，研究我國上市企業(yè)的風(fēng)險信息披露質(zhì)量，可以從理論和實(shí)證的雙重角度評價(jià)我國上市企業(yè)風(fēng)險披露的現狀和存在的問(wèn)題；第三，影響我國上市企業(yè)風(fēng)險信息披露因素很多，可以從公司治理、風(fēng)險管理委員會(huì )和高管特征等方面進(jìn)行分析；第四，上市公司披露的風(fēng)險信息如果是有用的、有效的，且被投資者或潛在信息使用者獲取，就會(huì )帶來(lái)如實(shí)反映風(fēng)險管理水平、提升風(fēng)險管理能力和降低股價(jià)波動(dòng)率等經(jīng)濟后果；第五，中外上市公司風(fēng)險信息披露質(zhì)量的比較，包括雙重上市公司境內外風(fēng)險信息披露質(zhì)量的一致性分析和境內外上市公司風(fēng)險信息披露差異的分析；第六，典型行業(yè)風(fēng)險信息披露質(zhì)量分析，包括制造業(yè)、金融業(yè)和房地產(chǎn)行業(yè)；第七，上市公司風(fēng)險信息披露質(zhì)量的治理，包括政府監管、公司自身治理和社會(huì )監管。

　　張曾蓮，湖南長(cháng)沙人，北京科技大學(xué)東凌經(jīng)濟管理學(xué)院財會(huì )系副教授，研究方向為風(fēng)險管理與內部控制、教育經(jīng)濟與管理、政府與非營(yíng)利組織會(huì )計。擔任中國會(huì )計學(xué)會(huì )政府與非營(yíng)利組織會(huì )計分會(huì )委員。已出版教材4部、專(zhuān)著(zhù)2部，在《會(huì )計研究》等刊物發(fā)表學(xué)術(shù)論文多篇。主持國家自科基金1項，主持國家社科基金1項，已主持教育部人文社科項目等省部級項目6項。

三、信號傳遞對風(fēng)險信息披露的影響············································27 

第二節市場(chǎng)約束與政府監管理論 ·················································27 

一、市場(chǎng)約束對風(fēng)險信息披露的影響············································27 

二、政府監管對風(fēng)險信息披露的影響············································28 

第三節經(jīng)濟學(xué)供求理論 ·····························································29 

一、從經(jīng)濟學(xué)角度看風(fēng)險信息的需求············································29 

二、從經(jīng)濟學(xué)角度看風(fēng)險信息的供給············································30 

第三章上市公司風(fēng)險信息披露質(zhì)量的評價(jià) ··································33 

第一節上市公司風(fēng)險信息披露質(zhì)量指標體系的構建 ·························34 

一、風(fēng)險信息披露質(zhì)量指標體系構建的依據 ··································34 

二、風(fēng)險信息披露質(zhì)量指標體系的構建·········································37 

第二節研究設計 ······································································39 

一、數據來(lái)源與樣本選擇···························································39 

二、研究方法——內容分析法·····················································40 

第三節評分結果及分析 ·····························································41 

一、評分結果··········································································41 

二、總體評分分析····································································43 

三、分項評分分析····································································45 

四、行業(yè)分析··········································································52 

五、年度分析··········································································53 

六、上市地點(diǎn)分析····································································54 

七、上市板塊分析····································································55 

八、是否為ST類(lèi)公司分析··························································55 

九、風(fēng)險類(lèi)型與排序分析···························································56 

第四節風(fēng)險信息披露質(zhì)量現狀評價(jià) ··············································57 

一、風(fēng)險信息披露取得的成績(jì)·····················································57 

二、風(fēng)險信息披露存在的問(wèn)題·····················································57 

三、風(fēng)險信息披露現狀的原因·····················································59 

第四章上市公司風(fēng)險信息披露質(zhì)量的動(dòng)因 ··································61 

第一節動(dòng)因一：公司治理 ·························································62 

一、研究假設··········································································62 

二、數據與樣本·······································································64 

三、變量與模型·······································································65 

四、實(shí)證分析··········································································67 

五、結論················································································95 

第二節動(dòng)因二：風(fēng)險管理委員會(huì ) ················································95 

一、引言················································································95 

二、文獻回顧··········································································96 

三、研究假設··········································································97 

四、變量與模型·······································································99 

五、樣本與數據 ····································································· 101 

六、實(shí)證結果分析·································································· 102 

七、結論與建議 ····································································· 113 

第三節動(dòng)因三：高管特征 ······················································· 115 

一、引言 ·············································································· 115 

二、文獻回顧 ········································································ 115 

三、研究假設 ········································································ 116 

四、變量與模型 ····································································· 118 

五、樣本與數據 ····································································· 120 

六、實(shí)證結果分析·································································· 120 

七、結論與建議 ····································································· 132 

第五章上市公司風(fēng)險信息披露質(zhì)量的后果 ································ 135 

第一節后果一：如實(shí)反映風(fēng)險水平 ··········································· 136 

一、引言 ·············································································· 136 

二、研究假設 ········································································ 136 

三、樣本與數據 ····································································· 137 

四、變量的衡量 ····································································· 138 

五、結果分析 ········································································ 139 

六、結論與建議 ····································································· 153 

第二節后果二：提升風(fēng)險管理能力 ··········································· 153 

一、引言 ·············································································· 153 

二、理論與假設 ····································································· 154 

三、變量與數據 ····································································· 155 

四、實(shí)證分析 ········································································ 157 

五、結論與建議 ····································································· 164 

第三節后果三：降低股價(jià)波動(dòng)率 ·············································· 165 

一、引言 ·············································································· 165 

二、文獻回顧 ········································································ 165 

三、研究假設 ········································································ 166 

四、變量與模型 ····································································· 166 

五、樣本與數據 ····································································· 167 

六、實(shí)證結果分析·································································· 167 

七、結論與建議 ····································································· 170 

第六章中外上市公司風(fēng)險信息披露質(zhì)量的比較 ························ 171 

第一節雙重上市公司境內外風(fēng)險信息披露質(zhì)量一致性分析 ·············· 172 

一、引言 ·············································································· 172 

二、三地風(fēng)險信息的披露要求··················································· 173 

三、研究假設 ········································································ 173 

四、變量與模型 ····································································· 175 

五、數據與樣本 ····································································· 175 

六、雙重上市公司風(fēng)險信息披露質(zhì)量的評價(jià) ································ 184 

七、一致性的初步描述分析········190 

八、一致性的相同率與一致率分析····201 

九、一致性的兩配對樣本T檢驗 ···· 206 

十、一致性影響因素的回歸分析·····209 

十一、結論與建議····211 

第二節境內外上市公司風(fēng)險信息比較 ·····212 

一、引言 ··· 212 

二、研究假設 ····213 

三、數據與樣本 ······214 

四、變量與方法 ····218 

五、初步描述性分析······219 

六、配比樣本的T檢驗 ·········230 

第七章典型行業(yè)風(fēng)險信息披露質(zhì)量及其動(dòng)因分析 ······ 241 

第一節制造業(yè)上市公司風(fēng)險信息披露質(zhì)量分析 ······242 

一、基本情況 ·····242 

二、風(fēng)險分類(lèi)統計···· 243 

三、風(fēng)險匯總 ·····245 

四、結論與建議 ····· 245 

第二節房地產(chǎn)行業(yè)上市公司風(fēng)險信息披露質(zhì)量及影響因素分析 ········ 246 

一、引言 ···· 246 

二、我國房地產(chǎn)上市公司風(fēng)險信息披露質(zhì)量的評分 ··· 247 

三、我國房地產(chǎn)上市公司風(fēng)險信息披露質(zhì)量的評分結果分析 ·····247 

四、我國房地產(chǎn)上市公司風(fēng)險信息披露質(zhì)量的影響因素分析 ···· 251 

第三節金融行業(yè)上市公司風(fēng)險信息披露質(zhì)量及其影響因素分析 ····262 

一、披露風(fēng)險信息的金融業(yè)上市公司·· 262 

二、我國金融業(yè)上市公司風(fēng)險信息披露質(zhì)量的評分結果分析 ··· 263 

三、境內外金融業(yè)上市公司風(fēng)險信息披露質(zhì)量的比較分析 ····· 272 

第八章上市公司風(fēng)險信息披露質(zhì)量的治理 ····· 279 

第一節政府對風(fēng)險信息披露的監管措施 ····· 280 

一、規范監管方的風(fēng)險披露制度和標準·· 280 

二、加強監管部門(mén)的監管力度···· 282 

三、建立配套的機制··· 283 

第二節上市公司對風(fēng)險信息披露的改進(jìn) ·· 283 

一、上市公司完善風(fēng)險管理機構·······283 

二、增強上市公司風(fēng)險信息披露的廣度與深度 ···· 284 

三、逐步推行定量風(fēng)險分析方法····284

四、建立風(fēng)險管理控制系統····285 

五、確定風(fēng)險管理原則···285 

六、完善上市公司內部的風(fēng)險管理系統····· 285 

七、培養專(zhuān)業(yè)化的風(fēng)險管理人才····· 286 

八、構建先進(jìn)的風(fēng)險管理文化······ 286

第三節社會(huì )監督對風(fēng)險信息披露的改進(jìn) ········ 286 

一、重視注冊會(huì )計師對風(fēng)險信息披露的外部監督 ······ 286 

二、提高市場(chǎng)參與主體對風(fēng)險信息披露的重視程度 ····· 287 

參考文獻········· 289