投资过度或不足与会计稳健性的关系研究

Relationship Between Excessive or Inadequate Investment and Accounting Conservatism

选择812家沪市上市公司作为样本进行实证分析,测度每个公司会计稳健性程度,参照投资模型估计出投资过度或不足金额,考察了会计稳健性程度与投资过度或不足之间的关系,结论得出稳健的会计处理方法和政策能促进管理层理性投资、抑制非效率过度投资。

This research chooses 812 companies at Shanghai Securities Exchange as samples of an empirical analysis to measure the degree of accounting conservatism of each company and estimates excessive or inadequate investment amount with the investment model to investigate the relationship between the degree of accounting conservatism and excessive or inadequate investment. It can be concluded that the conservative accounting approach and policy promotes rational investment, inhibits the non-efficient over-investment.