基于债权人保护视角的会计稳健性研究——以沪市非国有企业为样本的实证分析

Accounting Conservatism Research Based on the Creditor Protection Perspective:Empirical Analysis of the Sample of Non State-owned Enterprises in Shanghai Stock Exchange

选择在上海证券交易所上市非国有控股企业250家作为样本进行实证分析,研究会计稳健性计量及其存在性的验证,分析银行等债权人与股东之间的债务契约关系,分别考察了借款总量、短期借款和长期借款与会计稳健性的关系以及会计稳健性的经济后果,并包含了会计稳健性对下一期的借款的影响以及对企业偿债能力的促进作用,最终促进企业优化治理结构和完善债务契约达到对债权人权益保护的目的。

It chooses 250 non state-owned enterprises listed on the Shanghai Stock Exchange as the sarhples to analyze empirically.It studies accounting conservatism metering and verifies its existence, analyzes the debt covenants relationship analysis between the banks and other creditors and sharehold- ers,Xeffects the relationship between the total borrowings, short term borrowings and long term loans and accounting conservatism.It analyzes the economic consequences of accounting conservatism to con- tain accounting conservatism for the next issue of the impact of the borrower and the role of corporate solvency.Ultimately it promotes corporate to optimize governance structure to achieve the purpose of protection of the interests of creditors and improve its debt covenants.