中南大学学报（社会科学版）
中南大學學報（社會科學版）
중남대학학보（사회과학판）
Journal of Central South University (Social Science)
2015年
5期
162-168
,共7页
会计稳健性%融资效率%主成分分析%条件稳健性%非条件稳健性
會計穩健性%融資效率%主成分分析%條件穩健性%非條件穩健性
회계은건성%융자효솔%주성분분석%조건은건성%비조건은건성
accounting conservatism%financing efficiency%principal component analysis%conditional conservatism%unconditional conservatism
采用累计应计模型和 CSCORE 模型分别度量样本企业的非条件和条件会计稳健性，并通过主成分分析提取综合指标衡量融资效率，实证检验两者的关系。研究结果表明会计稳健性与企业融资效率正相关，即企业会计稳健性的提高有助于改善融资效率；相对于事后的条件稳健性，内生于企业会计制度的非条件稳健性对企业融资效率的提高作用更加显著。
採用纍計應計模型和 CSCORE 模型分彆度量樣本企業的非條件和條件會計穩健性，併通過主成分分析提取綜閤指標衡量融資效率，實證檢驗兩者的關繫。研究結果錶明會計穩健性與企業融資效率正相關，即企業會計穩健性的提高有助于改善融資效率；相對于事後的條件穩健性，內生于企業會計製度的非條件穩健性對企業融資效率的提高作用更加顯著。
채용루계응계모형화 CSCORE 모형분별도량양본기업적비조건화조건회계은건성，병통과주성분분석제취종합지표형량융자효솔，실증검험량자적관계。연구결과표명회계은건성여기업융자효솔정상관，즉기업회계은건성적제고유조우개선융자효솔；상대우사후적조건은건성，내생우기업회계제도적비조건은건성대기업융자효솔적제고작용경가현저。
The present essay employs the cumulative accrued model and CSCORE model respectively to measure the unconditional and conditional accounting conservatisms of the sample enterprise, and tests empirically the relation between the two by analyzing the principal components to extract the comprehensive index to measure the financing efficiency. The empirical results show that the accounting conservatism helps improve significantly the financing efficiency of the enterprise. And compared with the conditional accounting conservatism afterwards, the unconditional accounting conservatism of in-born accounting system in the enterprise can improve drastically the financing efficiency of the enterprise.
