为构建有效识别ST公司预警信号,选取了2003-2010年55家舞弊ST公司及配对公司作为实证样本,t检验、Wilcoxon符号秩检验、Logistic回归后发现,第一大股东所派的董事人数、高管离任人数、董事长兼任总经理与舞弊正相关,董事会人数、内部董事人数与舞弊负相关。 In order to build an effective early warning signal for ST companies, 55 fraud ST companies and matching companies from 2003 to 2010 were chosen as the empirical samples, t test, Wilcoxon signed rank test and Logistic regression. The number of directors assigned by the largest shareholder, The number of senior executives leaving office, the chairman and the general manager are positively related to fraud, the number of directors and the number of internal directors are negatively correlated with fraud.