“其他综合收益”的价值相关性及预测能力研究  

The Research on Value Relevance and Predicative Power of Other Comprehensive Income

作　　者：曹越[1] 吕亦梅 张肖飞[2] 

机构地区：[1]湖南大学工商管理学院,湖南长沙410082 [2]河南财经政法大学会计学院,河南郑州450002

出　　处：《证券市场导报》2015年第5期16-24,50,共10页Securities Market Herald

基　　金：国家社会科学基金"国家经济安全体系中审计监督功能定位与实施路径研究"(11CJY013)的阶段性成果

摘　　要：为了实现与国际财务报告准则的持续全面趋同,财政部要求上市公司自2009年起须在利润表内列报"其他综合收益"与"综合收益总额",自2014年起须在利润表附注中披露其他综合收益各项目的期初和期末余额及其调节情况。这将向投资者直接列示当期其他综合收益的信息和间接披露累计其他综合收益的信息。本文以2009-2013年我国上市公司为样本,检验了当期其他综合收益与累计其他综合收益的价值相关性和预测能力。研究发现:当期其他综合收益具有增量价值信息含量,但却不能预测企业未来业绩;累计其他综合收益不但具有增量价值信息含量,且能用于预测企业未来业绩;累计其他综合收益价值相关性高于当期其他综合收益。To align with international financial reporting standards, the Ministry of Finance required listed companies present other comprehensive income in the income statement since 2009, additionally disclose balance and adjustments of other comprehensive income on item-by-item basis since 2014. In doing so, this will provide investors with current information of other comprehensive income directly, and disclose information of other accumulated comprehensive income indirectly. This paper examines value relevance and predicative power of other current comprehensive income and other accumulated comprehensive income from 2009 to 2013 in China. We find that other current comprehensive income is with incremental va va lis ue information but cannot predict future performance. Other accumulated comprehensive income is with incremental ue information and is higher than current other comprehensive income, and it can better predict future performanceof ed companies.

关 键 词：当期其他综合收益 累计其他综合收益 价值相关性 预测能力 

分 类 号：F230[经济管理—会计学]