产品市场竞争与会计信息可比性

发布时间：2017-12-31 00:24

本文关键词：产品市场竞争与会计信息可比性　出处：《管理评论》2017年10期 　论文类型：期刊论文

【摘要】：测度了2002-2012年中国上市公司的会计信息可比性值,然后实证考察了产品市场竞争对会计信息可比性的影响。研究结果表明:产品市场竞争程度与会计信息可比性显著负相关,即激烈的市场竞争会导致管理层提供可比性较低的会计信息,因此相对于产品市场竞争的公司治理效应来说,专有性成本效应与盈余压力效应对会计信息可比性起到了决定性作用。进一步检验结果发现,研发费用支出较多时,专有性成本效应增强;审计质量较低时,盈余压力效应增强;而投资者保护程度较强或非国有控股时,公司治理效应减弱,这几种情况下产品市场竞争程度与会计信息可比性的负相关性均会更加显著,检验过程中还同时实现了对专有性成本效应、盈余压力效应及公司治理效应的识别。研究结果最后还通过了会计准则变更的稳健性检验。
[Abstract]:This paper measures the comparative value of accounting information of Chinese listed companies from 2002 to 2012. Then empirical study of the impact of product market competition on the comparability of accounting information. The results show that: the degree of product market competition and accounting information comparability significantly negative correlation. That is, the fierce market competition will lead to management to provide relatively low comparability of accounting information, so compared with the product market competition of corporate governance effect. The exclusive cost effect and earnings pressure effect play a decisive role in the comparability of accounting information. When the audit quality is low, the pressure effect of earnings increases; However, when the degree of investor protection is strong or non-state-owned holding, the corporate governance effect is weakened. In these cases, the negative correlation between the degree of product market competition and the comparability of accounting information will be more significant. At the same time, it also realizes the recognition of exclusive cost effect, earnings pressure effect and corporate governance effect. Finally, the research results pass the conservatism test of accounting standards change.
【作者单位】：东北大学工商管理学院;
【基金】：国家自然科学基金青年科学基金项目(71202153)
【分类号】：F273.2;F275;F832.51
【正文快照】： 引言会计信息质量特征的优劣直接影响信息使用者的相关决策,因此提高信息质量一直是实证会计领域的重要研究主题。国内外大量文献发现公司治理机制是会计信息质量的重要影响因素。产品市场竞争作为重要的公司治理机制,基于其盈余压力效应、专有性成本效应及公司治理效应,也

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