摘要
价值相关性是会计信息质量重要特征之一,不同类型资产减值的信息价值相关性也大相径庭。基于2007年会计准则变迁为背景,本文研究发现,资产减值计提过程中伴随的盈余管理行为会损害资产减值信息的价值相关性,具有扭亏动机和大清洗动机的上市公司的资产减值信息价值相关性弱于正常计提资产减值的上市公司;现行资产减值准则禁止转回已计提的非流动资产减值并没有降低价值相关性,否定了现行资产减值准则牺牲价值相关性来换取可靠性的论断。
Value-relevance is an important feature of the accounting information quality. Various types of assets information dif- fer in value-relevance. This paper analyzes the value-relevance of assets impairment ex-ante the changing of accounting standards based on the change of China accounting system since 1st, Jan, 2007. We found that： Earnings management would damage the val- ue-relevance of asset impairment. The public companies determined for regain or for great purge are significantly weaker than compa- nies with the profit before assets impairment. The value-relevance of assets impairment is higher in the new accounting standards stage than the old accounting standards stage. The new assets impairment standards deny the previous assumption of sacrificing the value relevance for reliability.
出处
《商业经济与管理》
CSSCI
北大核心
2012年第9期56-64,96,共10页
Journal of Business Economics
基金
国家自然科学基金项目"外部审计监督
信息传导机制与投资效率:基于投资机会集视角的研究"(71162009)
江西财经大学"企业融资
监管与投资者保护"创新团队的阶段性成果
江西财经大学青年课题"公允价值会计与盈余管理:基于政府监管的角度"
关键词
准则变迁
盈余管理
资产减值
价值相关性
accounting standards changing
earning management
asset impairments
value relevance
