R&D资本化与费用化政策选择的影响因素研究被引量：31

The influencing factors of policy choice on R&D capitalization and expensing

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摘要以2007-2010年年报披露研发投入数据的沪深A股上市公司1071个观测值为样本,从R&D投入会计处理方法选择的角度分析企业进行R&D资本化与费用化政策选择的影响因素。研究结果表明:新会计准则对R&D投入会计报告的变革有一定的积极意义,R&D资本化与费用化的选择受到了企业特征的影响。研发强度大、盈利水平低、规模较小、负债水平高、股权分散、研发投入不稳定且处于扭亏临界和高技术行业的公司倾向于选择将R&D资本化,而那些规模较大,盈利水平高、负债率低、股权相对集中、研发投入稳定的企业则倾向于将R&D费用化。另外,R&D资本化与费用化的选择与其系统风险、成长性和收益平滑动机没有显著关系。 Using a sample of 1071 observations from China listed companies that disclosed information on R＆D over the period of 2007 -2010, from the perspective of the accounting treatment of R＆D expenditures, this paper studied the influencing factors of policy choice on R＆D capitalization and expensing. The empirical findings show that accounting choice for R＆D expenditures is affected by thc characteristics of the companies. Capitalization is preferred by those companies which are greater R＆D intensity, less profitable, smaller size, more highly leverage, lower ownership concentration, non - steady - state of R＆D investment, high - tech industry and in the condition of losses. While the firms choosing to expense R＆D are larger, higher profitable, lower leveraged, more concentrate own- ership and in steady - state for R＆D. Moreover, weaker evidence shows any relation between systematic risk, growth, smoothing profits and accounting choice for R＆D.

作者王燕妮张书菊王方

机构地区西安电子科技大学经济管理学院

出处《科学学研究》 CSSCI 北大核心 2013年第4期546-553,共8页 Studies in Science of Science

基金国家自然科学基金资助项目(71203174) 教育部人文社会科学研究青年项目(10YJC630257) 中央高校基本科研业务费专项资金(K5051206005)

关键词 R&D投入 R&D资本化 R&D费用化政策选择 R＆D investment R＆D capitalization R＆D expensing policy choice

分类号 F276.6 [经济管理—企业管理]

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