公允价值的实证理论分析与中国的研究机遇

The Analysis to Positive Research on Fair Value and Chinese Opportunities

文章在分析了西方(主要是美国)和中国对公允价值的实证理论研究的基础上,探讨了在新会计准则颁布后,中国会计学术界对公允价值的研究机遇。我们认为,在中国特有的制度背景下引入公允价值,将对会计信息的决策有用性产生深刻的影响。对于西方高度发达的资本市场中的投资者而言,决策有用信息的直接表现就是信息观———公允价值会计信息和股票价格之间的关系更加密切。而在中国转型经济的研究中,公允价值在契约有用性方面,将更有可能获得突破性的发现。

The paper reviewed the western （especially American） and Chinese positive researches, and analyzed the Chinese scholars＇ research opportunities under the new accounting standards. Within the specific institutions, we believed the fair value, which was introduced into China, would have deep effects on the decision usefulness. In the western security markets, the value of accounting information is that the relation between accounting information and price of stock is closer, which is called information perspective. But we think that, in the transformational market economy, the Chinese researchers will make a great breakthrough in the contracts usefulness of fair value.