会计制度变迁、盈余管理与盈余稳健性——来自中国证券市场的经验证据 (1)

《会计制度变迁、盈余管理与盈余稳健性——来自中国证券市场的经验证据 (1)》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、由影响管理人员动机的经济和政治因素最终决定。在我国ST制度等特殊的制度背景下，上市公司洗大澡的盈余管理行为将影响对上市公司盈余稳健性结果的测定，若单纯以盈余稳健性的强弱作为判断上市公司盈余质量高低的标准则可能形成错误的结论。关键词：会计制度变迁；盈余稳健性；盈余管理；盈余质量AbstractConservatismhasagreatandpermanentinfluenceonaccountingtheoryandpractice．Mostofaccountingstandardssettingbodiesthroughoutthewo

2、rldtakeconservatismasanimportantaccountingprinciple．Inordertoimplementconservatismwhichisaninfluentialaccountingpolicyintheworld，Chinahasimprovedgraduallytherequirementsofconservatismbychangingaccountingstandardseveraltimes．Forexample，TheAccountingSystemofBusinessEnterpr

3、ises(ASBE)implementedsince2001increasedthenumberofitemsastoprovisionforassetsimpairmentfromfourtoeight．However,underthespecialinstitutionalbackgroundofsecuritiesregulationsinChina,suchasSpecialTreatment(SDregulation，muchempiricalevidenceshowedthatlistedfinnstakebigbathby

4、takingadvantageofprovisionforassetsimpairmentinordertoavoidbeingmarked‘ST’ordelisted．Sincethiskindofearningsmanagementalsogenerateunderstatementofassetsasearningsconservatismdo，wehavetoconsideritseffectonthetestresultofconservatismwhendoingresearchonearningsconservatismi

5、nChina．UsingthedataoflistedfirmsinChina’SstockmarkeLthisdissertationempiricallyexaminestherelationshipamongaccountingstandardschange，earningsmanagementandearningsconservatism．Specifically,thisdissertationfirstlyexamineswhethertheAccountingsystemofBusinessEnterprises(ASBE

6、)implementedsince2001improvedsignificantlytheearningsconservatismofthelistedfirms．Then,iftheaccountingsystemchangedidimprovetheearningsconservatism，thisdissertationcontinuestoexaminewhethertheimprovedearningsconservatismresultedfromdiscretionaryaccrualsornot．Lastly,after

7、analyzingthespecialinstitutionalbackgroundinChina,thisdissertationfurtherexamineswhethertheimprovedearningsconservatismafter2001isreallyearningsconservatismthatCanproxyforhighqualityearningorjustaseemingconservatismwhichresultsfromthebigbathbehaviorofthelistedfirms．Thema

8、inconclusionsofthisdissertationaleasfollows．TheAccountingSystemofBusinessEnterprises(ASBE)implementedsi