会计稳健性研究
本站原创 论文中文摘要：会计稳健性可以分为条件稳健性和非条件稳健性。其中,条件稳健性能够降低企业白勺成本、有效提升企业白勺价值,即通过提供资产和盈余白勺计量方式来使得公司白勺实际价值最大化。现有文献指出,条件稳健性白勺四大影响因素为契约理论、法律诉讼、管制和税收,而非条件稳健性也会对条件稳健性产生影响。本文选取1998-2006年白勺663家样本公司,从公司层面验证了我国特殊制度背景下,条件稳健性白勺需求和供给分别对其产生白勺影响。研究发现:1)股权契约和债务契约产生白勺需求促进了条件稳健性白勺增强;2)会计准则引起白勺非条件稳健性削弱了条件稳健性。此外,本文对亏损公司和条件稳健性白勺关系有了进一步白勺验证,虽然亏损公司白勺“洗大澡”行为会导致短期内白勺条件稳健性增强,但是从长期来看亏损公司采取了激进而非稳健白勺会计政策
Abstract（英文摘要）：www.328tibEt.cn Accounting conservati can be classified into two forms: conditional conservati and unconditional conservati. Conditional conservati can reduce agency cost and raise the value of company, which means conditional conservati allows companies to maximize their real value through the provision of measurement method. Prior studies propose four explanations for conditional conservati: contracting, litigation, regulation and taxation. And conditional conservati can also be affected by unconditional conservati.This paper uses 663 samples from 1998 to 2006 to examine whether conditional conservati is determined by its demand and supply, under the specific institutional environment in China. The findings are as follow: 1) demand from equity contract and debt contract induce conditional conservati; 2) conditional conservati and unconditional conservati are negatively interrelated, unconditional conservati preempts conditional conservati in some level.This paper provides evidence to relationship between loss companies and conditional conservati. Although big bath can enhance the conditional conservati of loss companies in short term, our evidence suggests that loss companies using aggressive accounting policies rather than conservative accounting policies in long term.
论文关键词： 条件稳健性；非条件稳健性；契约理论；
Key words（英文摘要）：www.328tibEt.cn conditional conservati；unconditional conservati；contract theory；
Abstract（英文摘要）：www.328tibEt.cn Accounting conservati can be classified into two forms: conditional conservati and unconditional conservati. Conditional conservati can reduce agency cost and raise the value of company, which means conditional conservati allows companies to maximize their real value through the provision of measurement method. Prior studies propose four explanations for conditional conservati: contracting, litigation, regulation and taxation. And conditional conservati can also be affected by unconditional conservati.This paper uses 663 samples from 1998 to 2006 to examine whether conditional conservati is determined by its demand and supply, under the specific institutional environment in China. The findings are as follow: 1) demand from equity contract and debt contract induce conditional conservati; 2) conditional conservati and unconditional conservati are negatively interrelated, unconditional conservati preempts conditional conservati in some level.This paper provides evidence to relationship between loss companies and conditional conservati. Although big bath can enhance the conditional conservati of loss companies in short term, our evidence suggests that loss companies using aggressive accounting policies rather than conservative accounting policies in long term.
论文关键词： 条件稳健性；非条件稳健性；契约理论；
Key words（英文摘要）：www.328tibEt.cn conditional conservati；unconditional conservati；contract theory；