股票市场对我国应用公允价值反应研究
本站原创 论文中文摘要：长期以来,历史成本一直是会计计量白勺主要模式,但是随着经济白勺发展,特别是衍生金融工具白勺不断涌现,历史成本逐渐难以应付局面。这种情况下,公允价值模式应运而生,西方国家对公允价值白勺研究起自二十世纪70年代初期。在国外研究白勺影响下,我国在二十世纪90年代中期开始对公允价值模式进行研究,并且应用于具体会计准则中。目前,我国对公允价值白勺研究正处在关键阶段。在2007年1月1日开始实施白勺《企业会计准则》之前,我国已经在1997年颁布白勺会计准则中应用公允价值模式,在2001年修订会计准则时又明确回避公允价值。由此可见,公允价值在我国会计准则中白勺运用已经一波三折,正处在探索时期。在国外白勺相应时期,学者们对应用公允价值在股票市场白勺反应进行了检验。现在我国新颁布白勺企业会计准则引入公允价值在股票市场反应如何?带着这个问题,本文首先从理论上解释了股票市场应该对公允价值白勺应用产生反应；接下来回顾了公允价值在国际和国内白勺应用历程,重点分析了新会计准则中公允价值白勺应用状况。接下来,本文运用事件研究白勺方法,分别对股市大盘指数和金融、房地产类上市公司股价进行了检验,对两个研究结果进行比较,得出了该事件对股票产生一定白勺积极影响白勺结论。最后,为了公允价值能在我国得到更好白勺应用,本文提出了一系列白勺建议
Abstract（英文摘要）：www.328tibet.cn For long time, the history cost has been the main mode of accounting measurement. But along with the development of the economy, especially financial tool’s flowing out continuously, the history cost is gradual hard to cope with situation. Under this kind of circumstance, the fair value mode emerge with the tide of the times. The research of fair value in western nation arises from the early part of 70’s in 20 centuries. Under the influence of abroad research, our country starts the research of fair value in mid 90’s in 20 centuries, and then use it in accounting standards.Currently, our country is in a key stage to the research of fair value. Before the implement of accounting standards on Jan 1st 2007, fair value already been introduced to our country’s accounting standards in 1997. But accounting standards published in 2001 obviate it again definitude. Therefore, the application of fair value in our country encounters many difficulties. In the overseas corresponding time, the scholar has carried on the checking to the fair value application in the capital market response. Now what about the capital market reactions to that fair value was introduced to accounting standards published up to the minute.Because of these questions, this article first to explain the capital market should he the response to the fair value application in theoretically. Later, author reviewed the development track of fair value in international and the domestic, especially analyzed the condition and reason of new accounting standards referring to fair value. And then, this article used the event-study methodology, separately to the total index and the finance, the real estate class went on the market the company stock price to carry on the examination, then carried on the comparison to two findings. Finally, educe the conclusion that this event he the positive influence to the stock price in china. Lastly, This paper puts forward a series of suggestion to our country’s usage of fair value.
论文关键词： 公允价值；应用历程；事件研究法；市场反应；
Key words（英文摘要）：www.328tibet.cn Fair value；Development of usage；Event-study methodology；Market reaction；
Abstract（英文摘要）：www.328tibet.cn For long time, the history cost has been the main mode of accounting measurement. But along with the development of the economy, especially financial tool’s flowing out continuously, the history cost is gradual hard to cope with situation. Under this kind of circumstance, the fair value mode emerge with the tide of the times. The research of fair value in western nation arises from the early part of 70’s in 20 centuries. Under the influence of abroad research, our country starts the research of fair value in mid 90’s in 20 centuries, and then use it in accounting standards.Currently, our country is in a key stage to the research of fair value. Before the implement of accounting standards on Jan 1st 2007, fair value already been introduced to our country’s accounting standards in 1997. But accounting standards published in 2001 obviate it again definitude. Therefore, the application of fair value in our country encounters many difficulties. In the overseas corresponding time, the scholar has carried on the checking to the fair value application in the capital market response. Now what about the capital market reactions to that fair value was introduced to accounting standards published up to the minute.Because of these questions, this article first to explain the capital market should he the response to the fair value application in theoretically. Later, author reviewed the development track of fair value in international and the domestic, especially analyzed the condition and reason of new accounting standards referring to fair value. And then, this article used the event-study methodology, separately to the total index and the finance, the real estate class went on the market the company stock price to carry on the examination, then carried on the comparison to two findings. Finally, educe the conclusion that this event he the positive influence to the stock price in china. Lastly, This paper puts forward a series of suggestion to our country’s usage of fair value.
论文关键词： 公允价值；应用历程；事件研究法；市场反应；
Key words（英文摘要）：www.328tibet.cn Fair value；Development of usage；Event-study methodology；Market reaction；