【作者】 全宏杰；

【导师】 龚光明；

【作者基本信息】 湖南大学 ， 会计学， 2010， 硕士

【摘要】 会计稳健性作为会计信息质量要求之一,已由来已久,然而对其存在性原因的探索及其对企业的影响的研究却始于上个世纪90年代。本文首先对国内外有关会计稳健性的文献进行了系统的梳理,对会计稳健性做出了基于契约理论、代理理论及信号理论的解释,并结合我国的实际情况,分析了会计稳健性的影响因素及其经济后果在我国存在的特殊性。在用两种方法度量会计稳健性的情况下,实证分析了基于中国市场的会计稳健性的影响因素及其经济后果,并得出了一些有益的结论。在影响因素方面,本文发现:资产负债率与会计稳健性水平显著正相关,这一情况在在国有企业中更为明显;第一大股东持股比例与会计稳健性水平显著负相关,这一情况在非国有企业中更为明显;总经理持股的企业,表现出低水平的会计稳健性;我国企业会计准则改革能提高企业的会计稳健性,但在综合考虑时,会计准则变更对会计稳健性的影响不具有显著性。在经济后果方面,本文发现:会计稳健性水平与企业的投资支出显著负相关,这一情况在非国企业中更为明显;会计稳健性水平与债务成本显著为负,这一情况在在国有企业中更为明显;会计稳健性水平与每股现金股利显著为负,这一情况在非国有企业中更为明显;会计稳健性水平与企业价值显著为正,这一情况在国有企业中更为明显。总的来说,本文结合我国的实际情况,较全面的研究了会计稳健性的影响因素及其经济后果,尤其在会计稳健性的经济后果部分,实证得出一些有意义的结论,提供了会计稳健性有利于公司治理的中国证据。更多还原

【Abstract】 Accounting conservatism, as one of the requirements of accounting information quality has been a long time, however, the reasons for its existence and its impact on the business research has started in the last century 90s. In this paper, we first overview the domestic and foreign literature about conservatism ,and given some explanations based on contract theory, agency theory and signaling theory ,and also analysis the special nature about determinants and economic consequences of accounting conservatism in the Chinese market. Measured using two methods of accounting conservatism,empirical analysis the determinants and economic consequences of accounting conservatism Based on the Chinese market, and draw some useful conclusions.In the determinants, this paper found that: asset-liability ratio and accounting conservatism level was significantly positively correlated, this situation that is more evident in state-owned enterprises; the first largest shareholder equity ratio and accounting conservatism level was significantly negatively correlated , this situation that is more evident in Non-state enterprises; the corporate of CEO shareholding, showing low levels of accounting conservatism; The reform of accounting standards, has improve accounting conservatism level, but a comprehensive consideration, the effect of accounting standards’reform on accounting conservatism does not have a significant. In the economic consequences, this paper found that: the level of accounting conservatism and business investment spending has significant negative correlation, the situation is more obvious in the Non-state enterprises; The level of accounting conservatism and the cost of debt have a significantly negative relation, the situation is more pronounced in state-owned enterprises; the level of accounting conservatism and cash dividend have a significantly negative relation, the situation is more obvious in the Non-state enterprises; the level of accounting conservatism and the vale of enterprise have a significantly positive relation, the situation more pronounced in state-owned enterprises.Overall, considering China’s actual conditions, a more comprehensive study about determinants and economic consequences of accounting conservatism, especially about its economic consequences, our evidence to draw some meaningful conclusions and provide evidence about accounting conservatism in favor of corporate governance in the Chinese market.更多还原