财务报表分析的外文文献

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1、DoesInternationalFinancialReportingStandardsAdoptionMatter?TheEffectsonFinancialTransparencyandEarningsManagementYenTze—YUNationalChungChengUniversity，Chiayi，TaiwanChangMing—LeiYuanZeUniversity，Taoyuan，TaiwanYehHsiao—ChianNationalChungChengUniversity，Chiayi，TaiwanThispaper

2、aimstoexaminewhetherornottheadoptionoffairvalueaccounting(FVA)hasaneffectonthelevelofinformationtransparencyandthedegreeofearningsmanagement，toidentifywhetherthelegalinstitutionshavepowerstoexplainthoseeffectsoftheadoptionofFVA，andtoexploretherelationshipbetweentheeffectso

3、ftheadoptionofFVAandseveralspecificcharacteristicsofthebankingindustry．ByinvestigatingthebankingsectorsoffourAsiancountries／regionsincludingChina，HongKong，thePhilippines，andSingaporewhichhaveadoptedIntemationalFinancialReportingStandards(IFRS)，thispaperfindsthataftertheapp

4、licationofFVA，theestimatedcostofequityofthesampledbankssignificantlydecreasesandtherelationshipbetweenbanks’loanlossprovisions(LLP)andearningsbeforeprovisionsandtax(EBPT)becomesirrelevant．Theevidencesuppo~stheeffectsofFVAadoptionontheenhancementofaccountingquali~．Inadditio

5、n，soundlegal／extra-legalsystemsarecloselylinkedtothedegreeofaccountingqualityandstillhaveastronginfluenceonFVA．Keywords．"earningsmanagement，fairvalueaccounting(FVA)，informationtransparency，legalinstitutionsIntroductionWiththeglobalizationofcapitalmarkets，multinationalenter

6、priseshaverapidlygrowninrecentyears．Togaintheconfidenceofinternationalinvestorsandaccesscapitalfromoverseasfunds，itisnecessaryfortheseenterprises’financialstatementstoconfo·rmtointemationalstandards．However，theworkinvolvedtomeetthesestandardsisobviouslycostly，andthedelayst

7、hatresultfrompreparingvariousversionsofthestatementsforinternationalenterprisesaffectthefirms’eficiency．Asaresult，theharmonizationoflocalwithinternationalaccountingstandardshasbeendulynotedanddiscussedformanyyears．Mostlegislators，regulators，andresearchersagreethateffortsto

8、standardizefinancialstatementswilldirectlyhelpthefirms，shareholders，analysts，accountants，