政府补助会影响会计信息稳健性吗？

Do Government Subsidies Affect Accounting Conservatism?

会计稳健性是会计信息质量的重要特征之一,会计稳健性的提升有助于企业履行债务契约,保护股东与债权人权益。自21世纪以来,世界进入信息化时代,企业产品生产周期缩短,技术更新换代加快,金融衍生工具得到广泛应用。在此环境下企业面临的不确定事项所带来的风险日益加剧。如果企业未能采取稳健的态度应对风险,未能谨慎地披露会计信息,相较于以往,可能会给企业和投资者带来更大的财产损失,甚至面临破产的局面。本文正是针对这一严峻局面,围绕会计稳健性对于"不确定性"问题的处理原则,以政府补助为切入点,以2007—2012年上市公司为研究样本,采用面板数据的分析方法,在巴素(Basu)模型的基础上,结合中国市场特色对模型进行了改进,回归的结果支持了文章提出的政府补助对会计稳健性的多重作用的推论。

The accounting conservatism is one of the most important characteristics of accounting information. The im- provement of the accounting conservatism helps enterprises to perform the debt contract and protect their shareholders and debtors＇ interests. Since the 21 st century, as the world enters the information tittles, the production cycle of enterprise prod- ucts has been shortened;the renewal of technology has been accelerated and financial derivatives have been widely used. Under these circumstances, the risk of uncertain affairs faced by enterprises has been increased. If the company fails to take prudent attitude to the risk and fails to carefully disclose accounting information, it might bring greater loss of property to the company and its investors and the company even might bankrupt. Facing this serious situation, this paper focuses on the processing principle of accounting conservatism to the uncertain affairs with the breakthrough point of government subsidies. Data from 2007 to 2012 of listed companies are taken as a sample. The panel data analysis method are used on the basis of modified Basu model according to the market characteristics in China. The regression results support the hypothesis that the government subsidies have multiple influences on the accounting conservatism.