我国会计国际化进程会提高盈余信息含量吗——基于1996～2008年的经验证据

Does Chinese Accounting Internationalization Process Increase the Information Content of Earnings——Based on the Evidence from 1996 to 2008

以我国不断推进的会计准则国际化进程为研究背景,选取我国AB股上市公司1996年度至2008年度的财务报告作为研究对象,从相对信息含量、增量信息含量和同步双重信号三个角度,比较了我国会计准则与国际会计准则的价值相关性,检验了我国会计国际化所产生的效果。实证结果表明,会计改革效果在某些阶段还不尽如人意,但总体而言,在会计国际化进程中确实改善了我国会计准则的质量,提高了盈余信息含量,增强了会计信息的有用性。

Based on financial reports of AB-shares listed companies in China from 1996 to 2008,this paper investigates the effect of the accounting internationalization process on relative information content,incremental information content and interaction effects between two sets of earnings based on Chinese Accounting Standards（CAS） and International Accounting standards（IAS） in order to evaluate Chinese accounting internationalization process.Empirical evidence suggests that Chinese accounting internationalization process does enhance value relevance of CAS relative to IAS and increase the information content of earnings under CAS.