基于会计信息质量评价的短期借款融资——来自物流行业上市公司的经验数据  

Short-term Loan Financing based on Accounting Information Quality Evaluation——Data from Logistics Listing Corporation

作　　者：雎华蕾[1] 

机构地区：[1]长安大学经济与管理学院,陕西西安710064

出　　处：《技术经济与管理研究》2016年第3期99-103,共5页Journal of Technical Economics & Management

基　　金：国家自然科学基金资助项目(71502018)

摘　　要：文章以物流行业上市公司为样本,回归检验其间关系可以得出,提供盈余波动性较低、会计稳健性程度较高以及审计质量较高的会计信息的物流行业上市公司获得了更大规模的短期借款融资。这一方面对物流企业获得更多的信贷资源提供了一条新的解决途径,即通过提高会计信息质量向信贷市场传递积极的信号。另一方面,制度的制定者可通过引导信贷市场主体更多关注借款人会计信息质量,并给予其足以忽略粉饰会计信息所带来的机会成本的利益,来提高市场参与者的主观能动性以提升会计信息质量。这不仅可使物流行业企业获得可持续发展的动力与物质保障,更有利于其所处市场环境的不断完善。The accounting information plays a vital role in the decisions from creditors. In regard to the logistics enterprises, which depend heavily on short-term loan financing, there is positive significance to obtain a large amount of short-term loan financing from high-quality accounting information. Taken logistics listing corporations as samples with regression test to verify the relationships among them, the conclusion is drawn that the logistics-listing corporations can get a larger amount of short-term loan financing support with accounting information of lower volatility of surplus and higher accounting stability and audit quality. On the one hand, there is a new solution for the logistics enterprises to obtain more financial credit resources by passing a positive signal to the financial credit market through improving the quality of accounting information. On the other hand, the system makers can pay more attention to the quality of accounting information from borrowers by guiding the credit market, and give the profits from opportunity costs with pure accounting information, in order to promote the quality of accounting information by improve the subjective initiative. The logistics enterprises not only can obtain the power and material supports for sustainable development, but also be more conducive for the continuous improvement of the market environment.

关 键 词：短期借款 会计信息 融资规模 融资管理 

分 类 号：F233[经济管理—会计学]