会计准则变更提高了母公司报表的信贷决策有用性吗——基于债务期限结构的视角

Have Accounting Standard Changes Improved Usefulness of Credit Decision in Parent Company’s Statement? From the Perspective of Debt Maturity Structure

我国现行财务报告体系包括合并报表和母公司报表,本文以2004-2009年的A股非金融类上市公司为样本,考察了会计准则变更对母公司报表在信贷决策中的有用性的影响。研究结果表明,母公司报表在旧准则下并没有为债权人提供合并报表以外的增量信息;在新准则实施后,母公司报表的增量信息含量得到显著提升。进一步的研究表明,会计准则变更对会计信息有用性的作用,会受到会计信息需求的影响。

The present financial reports in China include both the consolidated statements and the parent company＇s statements. Taking A share of non-financial firms in the period from 2004 to 2009 as samples, this paper investigates the impacts of accounting standard changes on the usefulness of credit decisions in the parent companies statements. The research results indicate that the parent company＇s statements under the formal standards provide the creditor with no incremental information in addition to the consolidated statements. When the new standard is implemented, the content of incremental information in the parent company＇s statements is improved significantly. Further study indicates that the effect of accounting standard changes on the usefulness of accounting information will be affected by the demand for accounting information.