会计稳健性对民营上市公司再贷款业务的影响研究

发布时间：2018-06-20 22:43

本文选题：会计稳健性 + 民营上市公司　；参考：《安徽大学》2013年硕士论文

【摘要】：自20世纪90年代尤其是改革开放以来,民营经济的发展是越来越迅速,民营经济已经不容置疑的成为我国经济的重要组成部分。民营经济的发展壮大见证了中国经济体制改革的发展进程,民营经济的“迅猛发展”是中国30年改革的重大成就之一。但随着我国市场经济改革的不断深入与完善,以及金融危机的爆发,民营企业的问题也凸显出来,尤其是融资难的问题已经成为讨论的热点,也是民营企业进一步发展迫切需要解决的问题之一。经过几年的股份制改造和不良贷款的剥离,我国商业银行的资金充足,为了实现更多的利润,商业银行具有较强的放贷压力,希望争取到质量较好的客户,并发放利率较高的中长期贷款。但是,我国法律制度的执行力度不够,再加上会计信息质量令人堪忧,银行往往只能通过缩短债务期限的方式甚至“惜贷”降低信贷风险。有不少的文章研究会计稳健性对上市公司贷款业务影响,但是主要针对会计稳健性对民营上市公司贷款业务的影响研究还没有,另外,不同的经济发展水平下会计稳健性有差异。本文还将样本按照经济发展水平的不同进一步划分,研究不同经济发展水平下,会计稳健性对民营上市公司再贷款业务影响的差异。希望通过本文的研究为不同经济发展水平下的民营上市公司的再贷款业务提供一些经验数据。本文分为五个部分：第一部分为引言,主要介绍了本文的研究背景及研究意义,同时对国内外关于会计稳健性和贷款业务的研究进行了论述和总结；第二部分主要介绍了会计稳健性的相关概念及研究会计稳健性对企业贷款业务影响的理论基础；第三部分在前面理论分析的基础上对民营企业的概念及作用、发展现状、贷款现状及原因进行描述,再分析会计稳健性对上市公司贷款业务作用机理；第四部分选取我国2009-2011年民营上市公司的数据,先用均衡面板数据得出公司的稳健性水平,再用线性回归模型研究会计稳健性对民营上市公司再贷款业务的影响；第五部分在第四部分实证分析的基础上阐述了本文主要的研究结论并针对民营上市公司再贷款业务提出相关的政策建议。本文主要的研究结论是： 1、我国民营上市公司总体上具有会计稳健性,并且经济发展水平越低的地区,民营上市公司的会计稳健性较高。经济发展水平较低的民营上市公司在贷款中有很多劣势,提高会计稳健性也是经济发展水平比较低的民营上市公司提高自身在贷款中竞争力的一种方式。 2、在金融发展水平比较高的地区,会计稳健性对民营上市公司再次获得贷款的促进作用有所削弱,而在金融发展水平比较低的地区,会计稳健性对民营上市公司再次获得贷款的促进作用有所增强,说明会计稳健性和地区的经济发展水平在债务契约中同为信息不对称的协调机制,二者存在替代关系。本文的创新点： 1、国内外学者就单一层面上对会计稳健性和企业债务融资理论研究较为丰富,但将两者结合起来深入研究的却比较匮乏。本文以民营上市公司的再贷款业务为视角研究会计稳健性对民营上市公司再贷款业务的影响。 2、本文选取2009-2011年民营上市公司的数据进行研究,在实证分析中,将样本按经济发展水平进一步细化。进一步研究了会计稳健性对不同经济发展水平下民营上市公司再贷款业务影响的差异。
[Abstract]:Since 1990s, especially since the reform and opening up, the development of the private economy has become more and more rapid, the private economy has become an important part of our economy without doubt. The development and expansion of the private economy has witnessed the development process of the reform of China's economic system. The "rapid development" of the private economy is the major reform of China in the 30 years. But with the deepening and perfection of the reform of the market economy in China, and the outbreak of the financial crisis, the problems of private enterprises have been highlighted, especially the problem of financing difficulty has become the hot spot of discussion, and it is also one of the urgent problems to be solved for the further development of private enterprises.
After several years of shareholding reform and the stripping of non-performing loans, the commercial banks of our country have sufficient funds. In order to achieve more profits, the commercial banks have strong lending pressure. They hope to win the better quality customers and extend the medium and long term loans with higher interest rates. However, the implementation of the legal system in China is not enough, and the accounting letter is added. The quality of interest is worrying. Banks can only reduce the risk of credit by shortening the term of debt or even "lending money". There are many articles about the effect of accounting conservatism on the loan business of listed companies, but the study on the effect of accounting conservatism on the loan business of private listed companies is not yet. There are differences in accounting conservatism at the level of development. This paper further divides the samples into different economic development levels to study the differences in the effect of accounting conservatism on the reloan business of private listed companies under different economic development levels. Provide some experience data.
This article is divided into five parts: the first part is the introduction, which mainly introduces the research background and significance of this paper. At the same time, it discusses and summarizes the research on Accounting Conservatism and loan business both at home and abroad. The second part mainly introduces the related concepts of accounting conservatism and the influence of accounting conservatism on the business loan business. The third part, on the basis of the previous theoretical analysis, describes the concept and function of private enterprises, the present situation of development, the current situation and the reasons of the loan, and then analyses the mechanism of the accounting conservatism to the loan business of the listed companies. The fourth part selects the data of the listed companies in China for 2009-2011 years, and first uses the balance panel data. The stability level of the company is obtained, and then the linear regression model is used to study the effect of accounting conservatism on the re loan business of private listed companies. The fifth part expounds the main conclusions of this paper on the basis of the fourth part of the empirical analysis and puts forward relevant policy suggestions for the re loan business of private listed companies.
The main conclusions of this paper are as follows:
1, the private listed companies in our country have the accounting conservatism, and the lower the economic development level, the accounting conservatism of the private listed companies is high. The private listed companies with lower economic development level have many disadvantages in the loan, and the improvement of the accounting conservatism is also the improvement of the private listed companies with low economic development level. A way of being competitive in a loan.
2, in areas with higher financial development level, accounting conservatism has weakened the promotion role of private listed companies to obtain loans again. In areas with lower financial development level, accounting conservatism has increased the role of private listed companies to obtain loans again, indicating that accounting conservatism and regional economic development are water. There is an alternative relationship between the two in the debt contract and the information asymmetry mechanism.
The innovation point of this article:
1, scholars at home and abroad are more rich in the theory of accounting conservatism and corporate debt financing on a single level, but the combination of the two is relatively scarce. This paper studies the effect of accounting conservatism on the reloan business of private listed companies from the perspective of the reloan business of private listed companies.
2, this paper selects 2009-2011 years data of private listed companies is studied, in the empirical analysis, the sample according to the level of economic development and further refinement. Further study the differences of accounting conservatism and loan business impact on private listed companies under the different economic development level.
【学位授予单位】：安徽大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.4;F275;F276.5

【参考文献】