会计稳健性与管理层盈余预测策略——基于中国证券市场的实证研究被引量：9

Impact of Accounting Conservatism on the Strategies of Management Earnings Forecasts——Empirical Evidence from Chinese Stock Market

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摘要选取2005～2010年A股上市公司的业绩预告数据,从会计稳健性的视角,通过考察会计稳健性、信息不对称、诉讼风险和管理层盈余预测策略的交互影响,探讨了会计稳健性对盈余预测策略的作用。研究结果表明,会计稳健性会影响管理层发布盈余预测的策略,会计稳健性越高,管理层越倾向于发布模糊的盈余预测(如定性预测),而会计稳健性越低,管理层越倾向于发布精确的盈余预测(如点预测);会计稳健性既可能通过诉讼风险途径影响盈余预测策略,也可能通过信息不对称影响盈余预测策略。 Based on 2005-2010 Chinese A-share companies as the sample data, the author investigates the relationship among the accounting conservatism, information asymmetry, litigation risk and the strategies of management earnings forecasts, The results in- dicate that, firstly, accounting conservatism could affect the strategies of management earnings forecasts. Specifically, the higher the accounting conservatism, the higher of tendency of obscure management earnings forecasts; Second, through the paths of information asymmetry and litigation risk, the accounting conservatism has the impact on the strategies of management earnings forecasts.

作者谢雅璐

机构地区厦门大学管理学院

出处《山西财经大学学报》 CSSCI 北大核心 2012年第9期104-114,共11页 Journal of Shanxi University of Finance and Economics

基金国家自然科学基金项目"信息操控风险测度与盈余公告后的漂移现象(PEAD)"(70972114) "财务分析师信息转化机制研究"(71002043) 教育部人文社会科学重点基地重大项目"我国证券市场财务分析师信息引导机制及其监管研究"(2009JJD790041) 教育部青年项目"信息风险与价格发现机制"(08JC630074) "竞争市场结构下审计策略与结构优化研究"(09YJC790164)

关键词会计稳健性盈余预测策略诉讼风险信息不对称 accounting conservatism the strategies of management earnings forecasts information asymmetry

分类号 F23 [经济管理—会计学]

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