借款费用资本化对建筑行业融资能力影响的实证研究

发布时间：2018-03-20 16:41

本文选题：建筑行业　切入点：借款费用资本化　出处：《北京交通大学》2014年硕士论文　论文类型：学位论文

【摘要】：建筑行业是国民经济的重要物质生产行业,主要是专门从事土木工程、房屋建设和设备安装以及工程勘察设计工作的生产部门。其产品包括各种工厂、矿井、铁路、桥梁、港口、道路、管线、住宅以及公共设施的建筑物、构筑物和设施。建筑业是吸纳就业的重要行业,对关联产业得发展有巨大带动力,可以吸收大量的消费资金,对国民经济的发展有一定的调节作用,因此,建筑业是国民经济的重要物资生产部门。本文计划从实证角度分析借款费用资本化政策对建筑行业上市公司的影响,以国泰安数据库中企业为样本,通过对上述上市公司财务报表的解读,完成对下列三个核心问题的探索：企业当期资本化的借款费用及当期用于计算确定借款费用资本化金额的资本化率,是否在年报中披露,并以何种形式披露。借款费用资本化理论上是否可以实现盈余管理,并间接影响企业信用评级情况。公司现实中是否通过借款费用资本化达到盈余管理的目的。借款费用资本化对建筑行业而言,是否影响到了企业的融资规模。本文拟采用的研究方法包括文献阅读法以及控制变量下的回归分析法,通过阅读文献,了解借款费用资本化的具体实施情况与企业的做法,同时通过实证研究,使用借款费用资本化前的会计政策重新核算借款费用资本化准则涉及的项目,以借款利息、资本化利息等相关项目为自变量,企业债务融资量为因变量,通过回归分析,验证本文的结论。
[Abstract]:The construction industry is an important material production industry of the national economy, mainly specialized in civil engineering, housing construction and equipment installation, engineering survey and design work. Its products include various factories, mines, railways, bridges, The buildings, structures and facilities of ports, roads, pipelines, housing and public facilities. The construction industry is an important sector to absorb employment. It has a huge driving force for the development of related industries and can absorb a large amount of consumer funds. Therefore, the construction industry is an important material production department of the national economy. This paper intends to analyze the impact of the capitalization of borrowing costs on listed companies in the construction industry from an empirical perspective, taking the enterprises in Cathay's database as a sample, through the interpretation of the financial statements of the listed companies mentioned above. To complete the exploration of the following three core issues: the borrowing cost of the current capitalization of the enterprise and the rate of capitalization used to calculate the amount capitalized in the current period are disclosed in the annual report, Whether the capitalization of borrowing costs can theoretically achieve earnings management, And indirectly affect the enterprise credit rating. In reality, whether the company through the capitalization of borrowing costs to achieve the purpose of earnings management. To the construction industry, whether the capitalization of borrowing costs affects the financing scale of the enterprise. The research methods to be adopted in this paper include literature reading and regression analysis under control variables. Through reading the literature, we can understand the specific implementation of capitalization of borrowing costs and the practice of enterprises, and at the same time, through empirical research, Using the accounting policy before the capitalization of the borrowing costs, the items involved in the criteria of capitalization of the borrowing costs are recounted. The related items, such as borrowing interest, capitalized interest, and so on, are taken as independent variables, and the amount of enterprise debt financing is taken as the dependent variable, and the regression analysis is carried out. Verify the conclusion of this paper.
【学位授予单位】：北京交通大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F406.7;F426.92

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