会计准则强制性变迁下盈余信息价值相关性的变动

盈余信息作为重要的决策依据,其质量也受到关注,投资者期望财务报告能提供高质量决策有用信息,而盈余质量的高低很大程度上取决于会计准则的质量水平。2006年2月15日财政部发布了新会计准则,使我国会计准则的质量得到了实质性的提高,那么,我国会计准则质量的提高对盈余信息的质量产生了怎样的影响？会计准则质量的提高是否增强了盈余信息的价值相关性？本文主要以我国上市公司实施新会计准则前后的财务数据为样本进行了实证检验,经检验发现,随着会计准则质量的提高,盈余信息的价值相关性得到了不断提高。

Changes in Value Relevance of Earnings with Mandatory Change in Accounting Principles

Earnings information is an important basis for decision-making.Investors expect financial reports to provide information of high quality for decision-making usefulness,but the quality of earnings information depends largely on the quality of accounting standards.On February 15,2006 the ministry of finance issued new accounting standards,making the quality of accounting standards substantially improved.This paper takes empirical test based on financial data from 2004 to 2008 when the listed companies in China implemented the new accounting standards.The test finds with the improvement in the quality of accounting standards,the value relevance of earnings information obtained increases.