CAJ | 학술논문

财务重述现象近年来在我国呈蔓延之势。财务重述现象对企业价值的影响进而与企业价值形成因素之间的关系，成为投资者关心的热点。基于此，对发生财务重述的企业与企业价值之间的关系进行了检验，发现财务重述现象与企业每股收益负相关，与资产负债率等正相关。这也验证了如下的判断：财务重述企业一般价值创造能力较差。
재무중술현상근년래재아국정만연지세。재무중술현상대기업개치적영향진이여기업개치형성인소지간적관계，성위투자자관심적열점。기우차，대발생재무중술적기업여기업개치지간적관계진행료검험，발현재무중술현상여기업매고수익부상관，여자산부채솔등정상관。저야험증료여하적판단：재무중술기업일반개치창조능력교차。
The financial restatements in China have been spreading over in recent years.The causal rela-tionship between financial restatement and enterprise value is the top concern of the investors.Based on this, this paper examines the relationship between enterprises that occur the financial restatements and enterprise value.It finds that financial restatements are negatively correlated with corporate earnings per share and posi-tively correlated with asset-liability ratio.This also verifies the following judgment,that is,the enterprise which has financial restatements often has the awfully creative ability.