关键词: 会计稳健性, 条件稳健性, 多个大股东, 控股股东, 私利行为

Abstract: This paper studies the governance effect of multiple large shareholders from the perspective of accounting conservatism. Taking Chinese Ashare listed companies from 2007 to 2018 as samples, this paper demonstrates the promoting effect of multiple large shareholders on accounting conservatism, and finds out that the reduction of the selfish behavior of controlling shareholders is the main way for multiple large shareholders to influence accounting conservatism. Further studies find that both the number and the shareholding ratio of noncontrolling large shareholders improve accounting conservatism; under weak governance environment, the positive impact of multiple large shareholders on accounting conservatism is more significant. By analyzing the influence of multiple large shareholders on accounting conservatism, this paper provides enlightenment for optimizing corporate governance and improving corporate information environment.

Key words: accounting conservatism, conditional conservatism, multiple large shareholders, controlling shareholder, selfinterested behaviors  ,