或有事项信息的相关性和可靠性——基于表内确认和表外披露两种方式的实证检验

The Relevance and Reliability of Contingency Information----Based on the the Empirical Test on Table to Confirm and the Disclosure of the Two Forms

以2003-2014年我国上市公司表内确认的预计负债金额和表外附注中披露的或有事项信息频数为研究对象,研究了或有事项信息的相关性和可靠性。研究发现:表内确认的或有事项信息与股价和累计报酬率显著负相关,而表外附注中披露的或有事项信息与股价和累计报酬率显著正相关;表内确认的或有事项信息与应计质量显著正相关,而表外附注中披露的或有事项信息与应计质量显著负相关。

The correlation between the amount of contingent liabilities and the frequency of contingency information disclosed in the table is confirmed by the listed companies in China from 2003 to 2014,and the correlation and reliability are studied. The results show that：（1）the contingent information is significantly negatively correlated with the stock price and the cumulative return rate,and the contingent information disclosed in the off-balance sheet is significantly positively correlated with the stock price and the cumulative return rate;（2）Of the contingent information is positively related to the accrued quality,and the contingent information disclosed in the off-balance sheet is significantly negatively related to the accrued quality.