经济政策不确定性能否提高会计稳健性?

Can Economic Policy Uncertainty Improve Accounting Conservatism?

基于中国宏观经济环境特征和企业会计信息质量状况,本文探讨了经济政策不确定性影响会计稳健性的作用机理,并使用2007—2020年中国A股上市公司数据进行实证研究。结果发现,经济政策不确定性显著提高了企业的会计稳健性,这一正向效应在国有企业、成熟企业和低成长性企业中更加明显。路径检验表明,经济政策不确定性通过增加企业的资产减值计提行为提高会计稳健性。本文的研究结论不仅提供了经济政策不确定性影响企业会计政策决策的直接证据,而且对政府部门出台和调整经济政策具有参考和借鉴意义。

Based on the characteristics of China s macroeconomic environment and the quality of corporate accounting information,this article explores the mechanism of economic policy uncertainty affecting accounting conservatism,and uses data from China s A-share listed companies from 2007 to 2020 to conduct empirical research.The results find that the uncertainty of economic policy has significantly improved the accounting conservatism of enterprises,and this positive effect is more obvious in state-owned enterprises,mature enterprises and low-growth enterprises.The path test shows that the uncertainty of economic policy increases the company s asset impairment accrual behavior,thereby improving accounting conservatism.The research conclusions of this article not only provide direct evidence that economic policy uncertainty affects corporate accounting policy decisions,but also have reference significance for government agencies to issue and adjust economic policies.