论保守主义的会计准则和盈余管理激励机制的关系【外文翻译】

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1、本科毕业论文（设计）外文翻译外文题目OntheRelationbetweenConservatisminAccountingstandardsandincentivesforEarningsManagement.外文出处JournalofAccountingResearch外文作者CHEN,Q1,HEMMER,THOMASandZHANG,YUN原文：OntheRelationbetweenConservatisminAccountingstandardsandincentivesforEarningsManagementInthispaper,westudytheroleofstanda

2、rd-specificandthusobservableaccountingbiasesinalleviatingrationalyetdysfunctionalunobservablebiasesintroducedbyearningsmanipulation.Specifically,westudytherelativeperformanceoftwoalternativefinancialreportingregimes:onewhereaccountingstandardsaredesignedtobebiasfreeandonewhereaccountingstandardsar

3、edesigneddeliberatelytointroduceaconservativebiasinfinancialreports.Weidentifyconditionsunderwhichconservatisminaccountingstandardsiseffectiveinreducingincentivestomanageearningsupwards.Inaddition,wedemonstratethatdoingsocanreducecontractingcosts,thusprovidinginsightsintothesourceoftheseeminglyuni

4、versalpopularityofconservatisminfinancialaccountingstandards.[1]Avarietyofalternateperspectivesonthedemandforconservatismcurrentlyexistintheaccountingliterature.Watts[2003a]providesanumberofintuitiveexplanationsforthebeneficialimplicationsofconservativeaccounting,inparticularfromacontractingperspe

5、ctive.Hismainargumentisthatconservatismconstrainsopportunisticbehaviorandoffsetsbiasesintroducedbyself-interestedparties.Ourpaperissomewhatrelated,aswealsofocusontheroleofconservativeaccountinginalleviatingbiasesinfinancialreportsintroducedbyopportunisticreportingbehavior.Ourmainpoint,however,diff

6、erssignificantlyfromhis.Byallowingforbothsystemicconservativeaccountingbiasesandopportunistic(liberal)reportingbiasesinananalyticalmodelwithendogenousdemandforfinancialreports,weareabletoshowthatconservatismneednotoffsetopportunisticbiasesbyimposingexplicitconstraintsandreducingfirminsiders'opport

7、unitiestointroducebiases.Rather,conservatismcanhavesuchaneffectsimplybydampeningfirminsiders'incentivestomanageearnings.Ourstudyofaccountingconservatismisbasedonaspecificmodelinwhichweseektointegrateanumberofgene