契约理论视角下的证券市场会计信息供给研究

从契约理论的角度分析,证券市场是金融契约交易的场所,为达成和维持金融交易契约,引致了会计信息供给契约的签订和维持。会计信息供给是证券市场金融契约中的上市公司履行契约义务的一种行为;会计信息供给是契约维持的一种机制;会计信息供给与需求的关系本质上也是一种契约关系,并且是契约成本较小的信息供给契约。我国证券市场的会计信息供给契约还存在一些问题,究其原因在于契约设计的失当。

Studies OH Accounting Information Supply in Securities Market from Contract Theory Perspective

From the perspective of contract theory, the securities market is the platform of financial transactions, in order to achieve and maintain financial transactions, contract of supply of accounting information is signed and maintained. The Supply of accounting information is the listed companies＇ action to fulfill their obligation included in the contract, the supply of accounting information is an mechanism to maintain the contract. The supply and demand of accounting information on the nature is a contractual relationship, and is the least costly means to supply information. There are still quite a number of problems in accounting information supply contract in China＇s securities market, The reason lies in the improper design of the contract.