新审计准则下我国会计信息价值相关性提升了吗?——基于企业异质性视角分析  

Has the Value Relevance of Accounting Information in China Improved Under the New Auditing Standards?——Analysis from the Perspective of Enterprise Heterogeneity

作　　者：滕冬梅 杨荣美 TENG Dongmei;YANG Rongmei(Accounting College,Lanzhou University of Finance and Economics,Lanzhou 730101,China)

机构地区：[1]兰州财经大学会计学院,甘肃兰州730101

出　　处：《湖南工程学院学报（社会科学版）》2022年第2期19-28,共10页Journal of Hunan Institute of Engineering(Social Science Edition)

基　　金：甘肃省审计厅重点科研课题“甘肃省碳审计模式框架研究”(SJ210504)。

摘　　要：我国自2016年开始实施与国际审计报告准则趋同的新审计准则,多数研究聚焦于其是否改善了资本市场环境,而对其是否影响会计信息价值相关性等问题还少有涉及。本文采用2015—2018年中国A股市场上市公司数据为样本,研究新审计准则实施对会计信息价值相关性的影响。研究发现:与新审计准则实施后相比,公司在新审计准则实施之前已经显著降低了会计信息价值相关性。基于企业异质性视角分析,相对于非国有企业,国有企业会计信息价值相关性在新审计准则实施前已显著下降;而且,对于融资需求较低的上市公司,新审计准则对会计信息价值相关性的影响更为显著。通过对盈余管理程度的进一步研究显示:新审计准则通过抑制盈余管理行为,提高了上市公司的信息质量,进而优化了资本市场环境。Since 2016,China has implemented the new auditing standards which converge with the international auditing reporting standards.Most of the researches focus on whether it has improved the capital market environment,while the impact on it,such as the value relevance of accounting information,is rarely involved.Based on the data of listed companies in China’s A-share market from 2015 to 2018,this paper studies the impact of new auditing standards on the value relevance of accounting information.It is found that compared with the implementation of the new auditing standards,the company has reduced the value relevance of accounting information before the implementation of the new auditing standards.Further research shows that for non-state-owned enterprises,the value relevance of accounting information in state-owned enterprises has dropped significantly before the implementation of the new auditing standards.Moreover,for listed companies with low financing needs,the new auditing standards have a more significant impact on the value relevance of accounting information.Further research shows that the new auditing standards improve the information quality of listed companies by restraining earnings management behavior,and then optimize the capital market environment.

关 键 词：新审计准则 会计信息价值相关性 企业性质 融资需求 信息质量 

分 类 号：F239.22∶F233[经济管理—会计学]