资产负债观、会计信息及其价值相关性趋势——来自中国资本市场2009～2013年的经验数据

Value-relevance Trends of Accounting Information Under Asset-liability View

现行会计准则的资产负债观体现了我国会计准则对决策有用观会计目标的认可和重视。为了验证现行会计准则实施八年来我国会计信息价值相关性的变化趋势，文章对中国A股市场2009—2013年的数据进行分析，认为以所得税会计准则为代表的资产负债观会计信息对企业股价有正向的解释力且其相关性水平变动与资本市场行情波动的趋势保持一致。

Asset -liability view of current accounting standards has reflected its recognition and attention to- wards decision usefulness view as an accounting objective. In order to test and verify the changing trends of value - relevance of accounting information after 8 years since the implementation of current accounting stand- ards, this article analyzes the data from China＇s A - share Market from 2009 to 2013, concludes that account- ing information based on asset -liability view, which is represented by tax accounting standards, has an effec- tive explanatory use towards stock prices and the change of value - relevance of accounting information is con- sistent with the trends of capital market volatility.