产品市场竞争对会计稳健性影响研究

Competition in Product Market and Accounting Conservatism

本文采用2007年至2011年A股上市公司数据,分析了产品市场竞争对会计稳健性的影响。研究发现:实施新会计准则之后上市公司整体上具备了会计稳健性特征,公司所在行业的市场竞争强度产品市场竞争削弱了公司提供会计稳健性的动机,亦即产品市场竞争和稳健性会计呈现一种替代关系。结论从侧面反映了产品市场竞争能够作为替代机制发挥着治理功效,进而削弱了公司提供会计稳健性的动机。

This study examines the relation between the competition in the market product and accounting conservatism using the 2007-2011 year-end data from A-share listed companies in China;The empirical results show:the accounting information have conservatism characteristics after the implementation of new accounting standards;the product market competition is negatively related to the level of conservatism,in other words,there exist alternate relationship between The product market competition and the accounting conservatism.