浅谈会计稳健性对公司债务成本的影响

Talking about the Influence of Accounting Conservatism to the Debt Cost of Corporate

公司资金成本为债务成本及权益成本的组成。公司为降低资金成本，了解并满足债权人及权益投资者的需求。是公司达到效率营运的重要课题。对于债权人而言，其关心公司政策的执行是否可提升契约效率，所以稳健效益面为会计稳健对债务成本影响的主要参考。

Company capital cost ia the composition of debt cost and the equity cost. In order to reduce the cost of capital, com- pany understands and meets the needs of creditors and equity investors, it＇s an important issue for the company to achieve op- erating efficiency. For creditors, the concerned whether the company can improve implementation of the policy contract and, therefore, robust side benefits is the main reference of accounting conservatism for the impact of the debt cost.