福建上市公司盈余质量评价研究

Study on the Earning Quality Evaluation of Listed Companies in Fujian

上市公司盈余质量问题是当前会计理论界与实务界共同关注的焦点,一直受到广大投资者、债权人、政府部门等利益相关者的高度关注。盈余信息作为会计信息的核心组成部分,也就显得更加重要。因此,盈余质量分析对引导投资者合理利用财务信息进行投资决策,引导资本合理流动与资源配置,提高公众投资者对会计行业的信心有重要的现实意义。本文从盈余质量的一般定义,选择了影响会计盈余质量因素中的五个重要指标——盈余的真实性、持续性、盈利性、成长性及安全性指标,构建了我国上市公司盈余质量评价体系,运用因子分析法对福建上市公司2005—2007年的盈余质量状况进行了分析评价。

The quality of listed company is the common concerned focus of current accounting theory and practice industry, it has always been highly valued by investors, creditors and government authorities. As the core part of accounting information, earning information seems more im- portant. Therefore, the analysis of earnings quality is of great practical significance for guiding the investors to use the financial information reason- ably to make decisions, guiding the reasonable capital flow and resource assignation and enhancing the investors＇ confidence on accounting vocation. This paper starts from the general definition, chooses five important indexes--authenticity, sustainability, profitability, growth and safety indica- tors which affect the earning quality, builds quality evaluation system, and analyzes and evaluates the earning quality condition in 2005--2007 of listed companies in Fujian using the factor analysis method, calculates and sorts comprehensive scores of the earning quality of listed companies in Fujian.