盈余持续性研究综述及启示  

A Review of Literature on Earnings Persistence and Its Implications

作　　者：孙谦[1] 

机构地区：[1]厦门大学会计发展研究中心,福建厦门361005

出　　处：《厦门大学学报（哲学社会科学版）》2010年第1期30-37,共8页Journal of Xiamen University(A Bimonthly for Studies in Arts & Social Sciences)

基　　金：教育部人文社会科学重点研究基地重大课题"盈余持续性与公司价值"(08JJD630012)

摘　　要：在评估公司价值及签定契约时,会计盈余的高持续性被看作一个理想特征,有利于降低风险,因此盈余持续性研究成为30多年来资本市场研究的一个热点问题。国内外学者从多角度对盈余持续性进行了大量研究,成果颇丰,但在盈余持续性的定义、盈余质量、盈余持续性的度量方法、盈余及其组成部分的持续性、公司估价模型与盈余持续性及其检验、盈余持续性与公司价值、盈余持续性与其他经济(会计)现象等方面,仍未达成共识。我国学者对盈余持续性的研究具有一定贡献,但尚待深入。以国外盈余持续性研究为借鉴,我国可加强恰当地度量盈余持续性、盈余持续性与公司价值的关系、我国会计制度变迁对盈余持续性的影响等方面的研究。When assessing the value of a company and formulating a contract with it, its high earnings persistence （EP） is regarded as an ideal characteristic capable of helping reduce risks. Therefore, research on EP has become a hot area in the study of capital market in the past 30-plus years. Scholars at home and abroad have conducted multi-dimensional and fruitful studies in this area. This study is a literature review on EP from seven aspects, i.e. the definition of EP, the quality of earnings, the measurement of EP, EP and its components, the testing of corporate valuation models and EP, the value of companies and EP, and EP and other economic or accounting phenomena. It concludes that in the above-mentioned aspects there still lacks a consensus. Chinese scholars on EP have made contributions to the development in this area of research but there is still much room for improvement and more productive studies. It is suggested that Chinese scholars should draw upon findings of foreign researchers＇ studies of EP and step up their efforts to conduct more research on such aspects as the measurement of EP, the relationship between EP and value of companies and the impact of transformation of Chinese accounting systems has on EP.

关 键 词：盈余持续性 盈余质量 公司价值 公司估价模型 

分 类 号：F234.3[经济管理—会计学]