摘要
为了解决Basu模型无法分公司分年度衡量会计稳健性的缺陷,Khan与Watts以美国企业为样本,构建了新的衡量稳健性的指标—C-Score。由于我国与美国资本市场不同,C-Score在我国的适用性需要检验。本文首先验证了C-Score在我国的适用性,然后以C-Score作为衡量稳健性的指标研究其与公司治理的关系,所得结论与使用Basu模型得到的结论一致。
In order to solve the problem that Basu model cannot measure accounting conservation by firms and years, Khan and Watts have set up a new index--C-Score taking American firms as sample. Due to differences of capital market between Chinese and American, the applicability of C-Score in China needs to be tested. Firstly, this paper tests the application of C-Score in China, and then it researches the relationship between accounting conservatism and corporate governance based on C-Score, the conclusion of which is in accordance with Basu model.
出处
《预测》
CSSCI
北大核心
2014年第2期71-74,共4页
Forecasting
