摘要
价值相关性研究是近年来一个重要的研究领域,研究者试图藉此给准则制定机构提供一些启示。但Holthausen和Watts对此提出批判,指出价值相关性研究所依据的理论不能解释会计实务。契约、税务、管制和法律诉讼等因素都在发挥重要作用,忽略这些因素研究价值相关性,对准则制定机构的价值非常有限。
Value-relevance study is a newly developed subject with which researchers intend to offer some insight for standard setting institutions. But it is criticized by Holthausen and Watts who argue that its underlying theory is not descriptive of accounting practice. Contracts, taxation, regulations, and legal actions are all importantly influential that negligence of these factors in value-relevance study renders very limited relevance to standard setting institutions.
