R&D支出与盈余管理——基于R&D会计政策变更的经验证据被引量：18

R&D Cost and Earnings Management:The Empirical Evidence Based on R&D Accounting Policy Changes

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摘要本文考察了企业的R&D支出资本化VS费用化决策是否并且怎样影响企业通过R&D决策来调节盈余。运用《企业会计准则》(2006)前后的企业R&D支出数据,研究发现R&D支出费用化的企业会从事真实R&D交易活动的盈余管理,削减R&D支出来达到盈余标准。R&D支出有条件资本化的企业不仅从事真实R&D交易活动的盈余管理,削减R&D支出,而且还会从事应计项盈余管理,削减R&D支出中的费用化部分,这说明R&D支出的会计选择会影响随后的盈余管理决策。本文的研究发现表明会计准则的变更会导致企业盈余管理方式的变化。 This paper examines how a firm＇s decision to capitalize vs expense R＆D costs affects how the firm manages earnings with R＆D. Using the R＆D data by executing PRC Accounting Standards 2006, we find that firms capitalizing costs engage in real earnings management, cutting R＆D expenditures to meet earnings benchmarks. Capitalizers, not only cut R＆D expenditures to do the earnings management but also but also engage in accruals earnings management. These evidences indicate that accounting choices affect subsequent earnings management decisions. The findings of this paper show that the accounting changes will lead to changes in the way of corporate earnings management.

作者肖海莲周美华

机构地区中山大学管理学院

出处《证券市场导报》 CSSCI 北大核心 2012年第10期48-54,共7页 Securities Market Herald

基金国家自然科学基金项目<我国企业R&D创新投入的风险与有效性研究>(70772084) "笹川优秀青年奖学基金"博士生重要创新项目<企业R&D投入结构配置与资金约束>(2010)

关键词 R&D:资本化费用化盈余管理 R＆D, capitalization, expensing, earnings management

分类号 F233 [经济管理—会计学]

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