公允价值决策相关性理论的研究现状与展望

Present Situation and Future of the Relevance Theoy of Fair Value

公允价值会计已在实践领域得到广泛的应用,在决策相关性理论研究上已取得许多重要进展。但对于涉及定量分析的问题,如,"如果两个企业净资产的公允价值相同,这两个企业的市场价值是否相等",现行的公允价值理论难以给出令人信服的答案。其原因是,当前的公允价值相关性理论研究尚缺乏模型化研究范式。通过评述现有的公允价值相关性理论,研究公允价值理论研究缺失经济模型的原因,提出进一步构建模型化的公允价值相关性理论的重要意义和基本思路。

Fair value accounting is widely used in practice, and got a lot important progress in the decision relevance stud- y. But the current theories of fair value are hard to give a convincing answer to the quantitative analysis, such as, ＂whether the market value of two firms is equal under the condition of their equal fair value of net assets＂. The reason is that there are no model-based analytical paradigm in the current relevance theory of fair value. So the significance and basic approach are discussed in this paper for formating a model-based relevance theory of fair value by the way of reviewing the current relevance theories of fair value and studying why there is no models of fair value theory.