会计信息的信贷决策有用性:基于所有权制度制约的研究  

Usefulness of Accounting Information in Bank Credit Decisions——Based on the Ownership Institution Constraints

作　　者：廖秀梅[1] 

机构地区：[1]上海财经大学会计学院,200433

出　　处：《会计研究》2007年第5期31-38,共8页Accounting Research

摘　　要：本文在我国制度背景下以两阶Logit回归模型考察我国会计信息的信贷决策有用性。模型包括银行信贷决策的会计财务指标,也包括所有权性质等制度因素。结果表明,会计信息可以降低信贷决策中信息不对称程度,但是信贷决策有用性在所有权制度层面被削弱,主要源于企业与银行均为政府终极所有时银行监督缺位。银行信贷决策中是否使用会计信息不单单是会计信息质量问题,也受所有权制度约束。This paper used two-step logit regression model to examine the value-relevance of accounting information in bank credit decisions.Our empirical model incorporated both the accounting information and the institutional factors.We found that accounting information reduced the information asymmetry when banks made the credit decisions.However,the value relevance of accounting information was harmed by the dysfunction of banking monitoring under the specific institution background.In China the usefulness of the accounting information is not only decided by the accounting information quality,but also by the ownership structure.

关 键 词：会计信息有用性 信贷决策 终极所有权 

分 类 号：F233[经济管理—会计学]