上市公司境内外会计信息披露规则的执行偏差——来自A-H股公司双重财务报告差异的证据

Accounting Rules and the Bias in Execution——Evidence from Dual Reporting Differences by the Chinese A-H Share Companies

提高会计规则的执行有效程度 ,是治理公司财务信息偏误和失真的重要途径。本文通过检验A -H股公司 1 994年— 2 0 0 0年间净利润双重报告差异发现 ,1 998年以前内地与香港的会计准则存在较大差异 ,但 1 998年的内地新会计准则的实行并没有能够消除或者显著减小双重报告差异 ;而且旨在缩小内地与香港会计准则差异的与坏帐准备、存货和投资有关的会计处理方法的变动 ,同样没有能够消除或者显著减小双重报告差异。对检验结果进行分析表明 ,1 998年会计制度还不完全是上市公司经营者所需要的会计规则 ,会计环境的差异改变了上市公司经营者执行会计规则的行为 ,是产生双重报告差异的重要原因。

It is an important approach enhancing the effectiveness of accounting rules in execution in order to control the financial information bias in corporate governance. Based on the tests of differences between the dual reports in 1994—2000 by cross-listed Chinese A-H share companies in the China's Mainland and Hong Kong respectively, we found that the new accounting system in 1998 did not reduce the differences notably. We got the implication that the behavior by companies in their accounting and reporting practice before and after 1998 is the real reason resulting in the dual reports disclosure differences.