基于债权人利益要求及其实现方式的非财务指标关注程度实证研究

The Empirical Study about Concern Extent of the non-financial Indicators Based on the Requirements of Creditors' Interests and Their Realization Ways

国内外从未有人从债权人角度进行过非财务指标排序研究和分组研究,本文从债权人角度出发,对债权人所关注的反映其利益要求和实现方式信息的非财务指标的关注程度进行了排序研究和分组研究。研究得出结论:债权人对不同类的反映其利益要求和实现方式信息的非财务指标的关注程度存在显著的差异;越是反映债权人排列在前的利益要求信息的非财务指标越受债权人关注。债权人所关注的反映其利益要求和实现方式信息的非财务指标的关注程度排列顺序同其所看重的相应利益要求和实现方式排列的先后顺序相同;个体因素和企业因素产生了债权人同一类反映其利益要求和实现方式信息的非财务指标关注程度差异。不同性质、是否上市、不同规模、不同发展阶段、不同类型企业的债权人对反映其利益要求和实现方式信息的同一类的非财务指标的关注程度可能存在显著差异。企业对债权人相关信息的充分沟通更易取得债权人对企业的理解和合作。企业除应按相关法律法规的规定进行规定信息的披露外,还应当根据本企业债权人特点和本企业债权人对非财务指标关注的需要以及关注程度的差异对债权人所关注的非财务指标信息对债权人进行充分信息沟通,以满足本企业债权人关注相关信息的需要。

Home and abroad, no one has ever carried out the sequencing research and grouping research of the non-financial indicators from Creditors＇ Angle. At This article carried out the sequencing research and grouping research of the non-financial indicators reflecting the information of the Creditors＇ interest Requirements and realization Ways and concerned about by Creditors from Creditors＇ Angle. The Studies have concluded that： There are significant differences among Creditors＇ Concern extent about the different types of non-financial indicators reflecting the information of their interest Requirements and realization Ways. The former the non-financial indicators reflecting the information of Creditors＇ interest Requirements and realization Ways sequences, the closer they are paid attention by Creditors. The Concern extent sequence of the non-financial indicators concerned by Creditors and reflecting the information of their interest Requirements and realization Ways are the same with the sequence of the Corresponding interest Requirements and realization Ways Valued by them. The individual factors and the Enterprise factors yield Creditors＇ differences about the concern extent of the same types of non-financial indicators reflecting the information of their interest Requirements and realization Ways. There probable exist Significant differences among The Concern extent of Creditors of the enterprise of different nature, whether are listed or not, different sizes, different development stages and of Different types of enterprise about the same types of non-financial indicators reflecting the information of their interest Re- quirements and realization Ways. Related information fully communicated with by Enterprise for Creditors more easily attains Creditors＇ understanding to the enterprise and their Cooperation with the enterprise. Except that the Enterprises should carry out the disclosure of the set information In accordance with the provisions of relevant laws and regulations, they should also fully communicate with Creditors about the Information of the non-financial indicators in accordance with their Creditors＇ characteristics and their Creditors＇ concern demands for the non-financial indicators, and the differences of concern extent in order to meet the needs that the Creditors concern about the relevant information.