会计信息可比性与企业商业信用融资——基于企业市场地位和行业竞争环境的双重考量  

Accounting Information Comparability and Trade Credit Financing——Analysis Based on the Market Power and the Competition Degree of Industry

作　　者：张勇[1] ZHANG Yong(School of Accounting,Dongbei University of Finance and Economics,Dalian,Liaoning 116025,China)

机构地区：[1]东北财经大学会计学院,辽宁大连116025

出　　处：《财经理论与实践》2017年第6期78-85,共8页The Theory and Practice of Finance and Economics

基　　金：2016年辽宁省教育厅科学研究项目(LN2016JD006)

摘　　要：不同于传统的基于资本市场情境进行的会计信息可比性经济后果研究,将研究场景拓展至商品市场中企业供应链层面,考察企业会计信息可比性能否影响供应链伙伴的商业信用政策制定,进而反映到企业的商业信用融资水平。研究发现:会计信息可比性越高的企业,其商业信用融资水平也越高;会计信息可比性对商业信用融资的促进作用只在市场地位较低、所处行业竞争程度较高的企业中存在。进一步的拓展研究证实,提高会计信息可比性可以有效缓解我国中小微企业普遍存在的融资难问题。This paper explores the economic consequences of accounting information comparability on the background of supply chain management in the commodity market,which is different from the traditional perspective of capital market.It studies whether the firm's accounting information comparability can affect the firm's supply chain partners'drafting trade credit policies,which is reflected in the firm's level of trade credit financing.The study finds that firms with high accounting information comparability have high level of trade credit financing.The positive impact of accounting information comparability on the trade credit financing only exists in the firms whose market power is lower and industry competition is fiercer.Further research shows that improving accounting information comparability can assuage the difficulty of financing in micro,small and medium sized enterprises.

关 键 词：会计信息可比性 商业信用融资%市场地位 行业竞争环境 

分 类 号：F230[经济管理—会计学]