证券估值与受托责任目标能够融合吗?——基于中国会计准则改革的经验证据  

Are Valuation Usefulness and Stewardship Compatihie Objectives of Financial Accounting?

作　　者：刘波罗[1] 刘慧玲[1] 陶岚[1] 

机构地区：[1]中国地质大学(武汉)经济管理学院

出　　处：《财会通讯（下）》2015年第12期115-118,共4页Communication of Finance and Accounting

基　　金：教育部人文社科基金项目(项目编号:12YJC630187);中国地质大学(武汉)中央高校基本科研业务费专项资金新青年教师科研启动基金项目(项目编号:2012089301;2014089002)的阶段性研究成果

摘　　要：本文以2003-2010年我国A股上市公司为样本,研究估值有用性和契约有用性目标在2007年新会计准则实施前后的相互关系及其变化。研究发现,2007年新准则的实施显著提高了证券估值目标和受托责任目标的融合程度;与受公允价值计量属性影响较小的样本相比,新会计准则实施后,受公允价值影响较大的样本其估值有用性和契约有用性的融合程度提高的也较多,由此说明公允价值计量属性的引入是新会计准则影响财务报告目标的一个作用路径。This paper investigates the effects of new accounting standards on accounting objectives,including the valuation and stewardship roles.Using China's A-share listed companies over the period 2003-2010 as our sample,we find that under the old accounting standards,the valuation usefulness of financial accounting information has no relation with the its stewardship-orientation:However,under the new accounting standards,value relevance of a performance measure plays a significant role in its use for performance evaluation.Further study finds that after the implementation of new accounting standards,the relation between the stewardship and valuation roles of earnings increases more in the samples,which are affected more heavily by the introduction of fair value measurement attribute,than the less affected ones.Thus we document that the introduction of fair value measurement attribute is one mechanism through which the new accounting standards affect accounting objectives.

关 键 词：新会计准则 会计目标 证券估值 受托责任 

分 类 号：F275[经济管理—企业管理] F832.51[经济管理—国民经济]