银行业审慎监管、公允价值计量与财务报告稳健性

Prudential Regulation,Fair Value Measurement and Financial Reporting Conservatism:Evidence from the Banking Industry

本文以2001-2013年我国沪深两市银行业上市公司为研究样本,运用混合横截面回归模型,检验了银行业审慎监管与财务报告稳健性之间的关系,以及2007年新会计准则实施后,公允价值计量的扩大对银行业财务报告稳健性的影响。研究发现,受审慎监管原则的影响,我国银行业上市公司的盈余稳健性要显著高于非银行业上市公司,并且2007年企业会计准则实施后,银行业上市公司的盈余稳健性并未显著降低。这表明,银行业审慎监管强化了财务报告稳健性,从而可以更好地保护债权人利益和维护金融稳定。

This paper uses pooled cross-section model to examine the relationship between prudential regulation and financial reporting conservatism in the banking industry based on the listed bank companies in Shanghai and Shenzhen stock market from 2001 to 2013, and the effects of fair value measurement after the implementation of accounting standards in 2007 on financial reporting conservatism in the banking industry. We find that the earnings conservatism of listed banks is significantly greater than that of listed non-bank firms, and does not significantly decline with the widespread use of fair value measurement after the implementation of accounting standards in 2007. The finding indicates that prudential regulation strengthens financial reporting conservatism in the banking industry, which helps to protect the interests of creditors and maintain financial stability.