内部控制有效性、公允价值计量及盈余波动  

The Effectiveness of Internal Control,Fair Value and Earnings Volatility

作　　者：唐凯桃[1] 杨彦婷[1] 

机构地区：[1]西南财经大学会计学院

出　　处：《财经科学》2016年第7期121-132,共12页Finance & Economics

基　　金：国家自然科学基金面上项目(项目批准号:71272246)的阶段性成果;四川省重点研究基地项目;四川省教育厅科研创新团队项目;西南财经大学2015年度中央高校基本科研业务费项目(项目批准号:JBK1507088)的资助

摘　　要：2014年公允价值计量准则的颁布必将进一步促进公允价值计量属性的广泛应用,为进一步了解公允价值计量属性使用的经济后果,本文以2010—2013年A股上市公司为研究对象,结合内部控制有效性实证检验了公允价值计量对公司盈余波动的影响。结果表明:(1)公允价值计量属性的使用显著提高了公司盈余的波动性;(2)内部控制能够有效缓解公允价值计量对公司盈余波动的正向影响,其中在内部控制质量高的公司中最为明显;(3)从产权性质来看,与国有企业相比,采用公允价值计量的非国有企业的盈余波动更大。The fair value measurement guidelines which were promulgated in 2014 will further promote the fair value measurement widely used. In this paper, to further understand the economic consequences of the fair value measurement, by using samples of listed companies during 2010 - 2013 in Shanghai and Shenzhen stock market, we tested the fair value measurement＇ s affection on the company＇s earnings volatility. The results show that： （1） Use of fair value measurement significantly improves the company＇s earnings volatility. （2） Internal control system can effectively alleviate the positive correlation between the fair value and earnings volatility, especially in the high quality of internal control companies, which tells us that listed companies ubiquitously use fair value to adjust earnings. （3） Compared with state - owned enterprises, non - state - owned enterprises which used fair value measurement have greater surplus fluctuations. In this paper, we extent the literature in the field of fair value and help regulatory body to improve the development of fair value measurement＇s guidelines.

关 键 词：内部控制 公允价值计量 盈余波动 

分 类 号：F275[经济管理—企业管理]