经济与管理研究
經濟與管理研究
경제여관리연구
RESEARCH ON ECONOMICS AND MANAGEMENT
2014年
5期
118-128
,共11页
郑伟光%高洁%陆强
鄭偉光%高潔%陸彊
정위광%고길%륙강
新会计准则%盈余透明度%资本成本%少数股东损益%公允价值
新會計準則%盈餘透明度%資本成本%少數股東損益%公允價值
신회계준칙%영여투명도%자본성본%소수고동손익%공윤개치
China's New Accounting Standards%Earnings Transparency%Cost of Capital%Minority Interest Income%Fair Value
本文采用一种新的计量方法衡量会计盈余透明度,并研究盈余透明度与股权资本成本的关系,在此基础上从合并报表理论变革和公允价值的视角研究新会计准则对盈余透明度的影响。结果显示:盈余透明度与股权资本成本负相关,新会计准则对少数股东损益计量方法的变更与公允价值的引入显著增加了盈余透明度,同时,研究发现新会计准则的实施削弱了盈余透明度与资本成本的关系。
本文採用一種新的計量方法衡量會計盈餘透明度,併研究盈餘透明度與股權資本成本的關繫,在此基礎上從閤併報錶理論變革和公允價值的視角研究新會計準則對盈餘透明度的影響。結果顯示:盈餘透明度與股權資本成本負相關,新會計準則對少數股東損益計量方法的變更與公允價值的引入顯著增加瞭盈餘透明度,同時,研究髮現新會計準則的實施削弱瞭盈餘透明度與資本成本的關繫。
본문채용일충신적계량방법형량회계영여투명도,병연구영여투명도여고권자본성본적관계,재차기출상종합병보표이론변혁화공윤개치적시각연구신회계준칙대영여투명도적영향。결과현시:영여투명도여고권자본성본부상관,신회계준칙대소수고동손익계량방법적변경여공윤개치적인입현저증가료영여투명도,동시,연구발현신회계준칙적실시삭약료영여투명도여자본성본적관계。
In this paper,a new measurement method has been adopted to measure the transparency of accounting earn-ings and examine the relationship between the cost of equity capital and earnings transparency.The impact of China's new accounting standards has also been studied on earnings transparency from the perspective of consolidated financial state-ment theory and fair value.The empirical results show that:the cost of equity capital is negatively associated with earnings transparency;due to new accounting standards,changes of accounting treatment for minority interest income and introduc-tion of fair value increase earnings transparency significantly.It is also found that the new accounting standards weaken the relationship between the cost of capital and earnings transparency.