新旧会计准则下会计信息价值相关性比较研究

Comparative Research on Accounting Information Value Relevance Based on New and Old Accounting Principles

本文以我国A股上市公司2004—2009年数据为样本,以Ohlson(1995)模型为基础模型,对比研究了新旧会计准则下会计信息价值相关性在不同经济背景下的差异,进一步研究了新旧准则下会计处理存在重大差异报表项目的价值相关性。研究结果表明:在不同的经济背景下会计信息价值相关性存在差异,但新准则下会计信息价值相关性更高且更加稳定;新准则对金融资产、固定资产及无形资产会计处理的新规定不但提高了相关会计信息的价值相关性,而且有关无形资产的新规定对企业技术创新和价值提升起到了推动作用。

Taking the data of China＇s listed companies of A-share during 2004-2009 as an example and taking Ohlson（1995） Model as basic model,this paper studies the differences of accounting information valuation relevance of new and old accounting principles under varied economic background,further studies the valuation relevance of the statement items with big difference of accounting process under new and old accounting principles.The research results show that the valuation relevance of accounting information is different in varied economic background,but the accounting information value relevance is higher and more stable under new accounting principles,that the new regulations of new principle for accounting process of financial assets,fixed assets and intangible assets not only promote valuation relevance of relative accounting information but also its new regulations about intangible assets upgrade enterprises＇ technical innovation and value.