公允价值计量模式下的上市公司盈余管理研究——以投资性房地产企业为例

The Earnings Management of Listed Companies under the Fair Value Measurement Model:Take Investment Real Estate Business as an Example

在我国目前房价整体居高的情况下,公允价值在房地产准则中的引入引发了人们对管理者进行盈余管理的担忧。通过对上市房地产企业投资性房地产计量模式变更前后财务数据的分析发现,管理层确实存在利用公允价值进行盈余管理的嫌疑,并针对这一问题提出相应的建议。

China＇s Ministry of Finance issued the ＂Accounting Standards No.3 for Enterprises-Investment Real Estate＂ in February 15,2006.It recognizes the investment real estate as a separate asset and introduces fair value into measurement for the first time.In the case of current high price in China,the introduction of fair value measurement in investment real estate causes the concerns about earnings management for managers.Based on the financial data analysis before and after investment real estate model changes in listed real estate companies,this paper finds that the managers are suspected for using fair value to manage the earnings.Authors give some recommendations accordingly for solving this problem.