摘要
文章以A股制造业为研究样本,选取2007—2009年的面板数据研究了历史盈余、应计利润和经营性现金流对盈余持续性的影响。研究结果表明,我国上市公司的应计利润存在着系统性计量偏差;我国上市公司的盈余持续性较低,且应计利润的持续性偏低;修正后的应计利润的持续性偏低。
This paper selects the A shares of the manufacturing sector in 2007--2009 as the sample, studies the history of earnings, accruals and operating cash flow effects of earnings persistence. Test results showed that： the reasons for the accounting system, there is systematic measurement error of the accrual of the listed companies; earnings persistence listed companies is low, and keep the continued lower profits and amended accrual also keep lower profits.
出处
《西安财经学院学报》
2011年第5期45-48,共4页
Journal of Xi’an University of Finance & Economics
关键词
会计盈余
应计利润
经营性现金流
盈余持续性
accounting earnings
accruals
operating cash flow
earnings persistence
