债务重组对上市公司盈利的影响、特征和规律——公允价值计量模式下会计政策选择对上市公司的影响

The Characteristics and Rule of Debt Restructuring and Its Influence to the Earning of Listed Companies:The Impact of Accounting Policy Choice on Listed Companies under the Fair Value Measurement Model

以现行会计准则体系为背景,运用我国上市公司2007年—2010年的财务报表数据,以上市公司债务重组准则的执行为代表,研究了公允价值计量模式下会计政策选择对上市公司盈利质量的影响、特征和规律。研究发现:上市公司实行债务重组对其盈利产生了较为显著的影响;债务重组交易内容的披露逐渐改善,但仍然不够规范;债务重组中抵债资产公允价值确定方法及金额公允价值可靠性仍值得探讨,需进一步提高;利用债务重组调节利润的情况有所改观,但仍存在,不容忽视。研究结论对于上市公司未来会计政策选择的理性思考与公司健康发展有启发意义,对我国资本市场的监管和会计准则体系的进一步完善也有参考价值。

Under the current system of accounting standards,the financial statements of listed companies which has debt restructuring in China 2007-2010 are used to study the impact of accounting policy choice,characteristics and laws on the quality of earnings of listed companies in the fair value measurement model.The research shows that the listed companies who implement the debt restructuring have a significant impact on their earnings;disclosure of the content of the debt restructuring transactions is gradually improved,but still not up to standard;the fair value of debt restructuring assets＇ reliability needs to be further improved;adjustment of profits in debt restructuring has changed,but the adjustment still exists and can not be ignored.This paper is devoted to enlighten the accounting policy choice and healthy development of listed companies,and take reference to the improvement of accounting standards and China＇s capital market regulatory system.