上市公司资产减值对盈余管理影响研究
本站原创 论文中文摘要：近些年来,由于上市公司利用资产减值准备进行盈余管理白勺现象愈演愈烈,严重影响到会计信息白勺真实性,因此引起了社会各界白勺密切关注。2006年2月15日,我国财政部发布了包括1项基本准则和38项具体准则在内白勺一整套新白勺企业会计准则体系。38项具体准则中新增了一项《企业会计准则第8号——资产减值》白勺具体准则。这是我国制订白勺第一个资产减值会计准则,新准则规定,八项减值准备中白勺四项资产减值一经确认,在以后白勺会计期间不得转回。新会计准则白勺实施,使得过去已经计提白勺资产减值准备无法转回,无疑将在一定程度上抑制盈余管理白勺行为。本文首先介绍了资产减值与盈余管理白勺基本理论,对他们之间存在白勺博弈关系进行了简单白勺阐述;其次分析了各种公司利用资产减值准备进行盈余管理白勺现状,并通过新准则与旧准则及国际准则白勺对比,阐述新准则依然存在白勺问题;最后,针对由实证研究得到白勺结论,分析本文研究白勺局限性,并提出相应白勺对策建议。可见,如何完善我国资产减值准备理论,完善具体准则,有效遏制过度白勺盈余管理行为,成为会计理论和实务界亟待解决白勺问题
Abstract（英文摘要）：www.328tibet.cn On February 15th 2006, China’s Ministry of Finance released a new system of Accounting Standard for Business Enterprises, including a basic 38 criteria and a set of specific criteria. New accounting standards will be implemented on January 1, 2007 first in listed companies and will then be gradually extended to all companies.An new specific criteria is added in the 38 specific criteria ,which is Accounting Standard for Business Enterprises No. 8 - Impairment of Assets". This is the first accounting standards for impairment of assets in China, the new Accounting Standard provide for impairment of assets that, impairment of the eight four asset impairment were confirmed once, may not be back in the subsequent accounting period.The promulgation of new Impairment of Assets is followed by the principle of caution, in order to reflect the financial position and operating results more objectively. On the one hand, the implementation of assets restricted the conduct of earning management to some extent, there are indications that the provisions of the new impairment of assets is in line with China’s actual situation, although be substantive differences with the international accounting standards, but it is in line with China’s national conditions. On the other hand, despite the new impairment of assets can describe a number of issues more detailed and clearly, restricted the acts of the corporate accounting to a certain extent, but in the concrete application of the enterprise ,there is still left a certain space, which is provided an opportunity for the earnings management for senior managers. In recent years, from annual reports of listed companies, the asset impairment policy of listed companies has become a tool used to manipulate profits. Because of the excessive surplus of earnings management would undermine the reliability of the information, the impact of socioeconomic resources, to mislead the investors’s decisionmaking, and he a negative impact on the long-term development of enterprises, therefore, how to improve the theory of the assets impairment, improve the specific accounting standard, limit the excessive behior of earnings management effectively, become as a problem needed to resolve in the accounting theory and practice field.In this paper, on the aspects of the article "Impairment of Assets and earnings management" which were writed by Chinese experts is searched and researched ,with the starting point for the study that the relationship between the impairment of assets and earnings management, the extraction and back data before and after the promulgation of new guidelines for assets impairment, on the basis in the comparative analysis of the old and the new accounting policy for impairment of assets ,pointed out that the new accounting standards related to the prohibition of the reversal of impairment of long-term assets, blocked part of the earnings management channel of the listed companies. However, bad debts, inventory decline these two are still allowed to switch back, the new asset impairment accounting standards and other related still he space to be used for earnings management. Pointed out how to choose between maintain continuity and stability of accounting policies, accounting standards in the need to keep flexibility of space and restricted earnings management, is the most difficult decisions which the standard setters will be facing.In this paper, with the use of a combination of theoretical and empirical analysis, the use of the comparative analysis and empirical analysis,which to verified the positive role the existing accounting policy for impairment of assets played in the earnings management of listed companies ,and at the same time,it pointed out that the existing accounting policy for impairment of assets defects in the system lead to it has become an important means of the earning management in the listed companies. In the theoretical analysis part, First of all, this paper combine the results of research on behior between the assets for impairment accounting policy at home and abroad, summed up the theoretical basis between the impairment of assets and the earnings management, and ge a simple description in the relationship between impairment of assets and earnings management.At the same time, respectively,describe the oid losses companies,huge losses companies, turning losses companies, profitability and macth stocks companies’s behior and motivation on the aspect to deal with the assets impairment, combined with the comparison of the new standards with the old and the international standards, to verify the purpose and significance of the new standard-setting, and through the behior and motives before analysis to reflect the new standards are still he problems, so as a basis for further empirical analysis.In the empirical analysis,because the new accounting standards will be implemented in 2007, as a result , 2006 will ever become the last year to return the impairment provision back to profit, which the domestic accounting industry generally guess that there will be a large number of listed companies return the impairment back action in 2006, and therefore choose the company profitable for three consecutive years from 2003 to 2005 to study as the samples, carried out T-test by the overall sample as well as the classification of carried out by descriptive statistical analysis, to verify prior to the implementation of new guidelines, profit company does exist ooth earnings behior through the impairment of assets of companies, and reveals the way to ooth earnings. At the same time, for the issues of the empirical analysis reflected, in this paper ,then choose all the listed companies whose financial data before and after the implementation of the standard is complete as the samples, respectively, from the distillion for impairment of assets and the amount of back and prepare for the disposal of assets for impairment impact on net profit, in terms of listed companies on China’s use of asset impairment to manipulate profits,so as to conduct the empirical analysis, proved indeed the new standard play an restricted role in earning management.This article focuses on the study that if there exist a large number of listed companies ooth the profit through the assets for impairment,for which profit during three consecutive years from 2003 to 2005 in 2006 financial reports, How they are prepared to carry out asset impairment ooth earnings? " The release of Accounting Standard for Business Enterprises No. 8 - Impairment of Assets," had an impact on earnings management of listed companies whether or not,and to produce what about kind of impact, as well as what is the problem after the implementation of the new standard will continue to exist? And make a sound accounting standards and accounting system, and improve relevant policies, laws and regulations, set up a reasonable business performance evaluation system and evaluation criteria countermeasures,and so on.
论文关键词： 资产减值；盈余管理；上市公司；新会计准则；国际会计准则；实证研究；
Key words（英文摘要）：www.328tibet.cn Impairment of asset；earnings management；listed company；new accounting standards；international accouting standards；empirical study；
Abstract（英文摘要）：www.328tibet.cn On February 15th 2006, China’s Ministry of Finance released a new system of Accounting Standard for Business Enterprises, including a basic 38 criteria and a set of specific criteria. New accounting standards will be implemented on January 1, 2007 first in listed companies and will then be gradually extended to all companies.An new specific criteria is added in the 38 specific criteria ,which is Accounting Standard for Business Enterprises No. 8 - Impairment of Assets". This is the first accounting standards for impairment of assets in China, the new Accounting Standard provide for impairment of assets that, impairment of the eight four asset impairment were confirmed once, may not be back in the subsequent accounting period.The promulgation of new Impairment of Assets is followed by the principle of caution, in order to reflect the financial position and operating results more objectively. On the one hand, the implementation of assets restricted the conduct of earning management to some extent, there are indications that the provisions of the new impairment of assets is in line with China’s actual situation, although be substantive differences with the international accounting standards, but it is in line with China’s national conditions. On the other hand, despite the new impairment of assets can describe a number of issues more detailed and clearly, restricted the acts of the corporate accounting to a certain extent, but in the concrete application of the enterprise ,there is still left a certain space, which is provided an opportunity for the earnings management for senior managers. In recent years, from annual reports of listed companies, the asset impairment policy of listed companies has become a tool used to manipulate profits. Because of the excessive surplus of earnings management would undermine the reliability of the information, the impact of socioeconomic resources, to mislead the investors’s decisionmaking, and he a negative impact on the long-term development of enterprises, therefore, how to improve the theory of the assets impairment, improve the specific accounting standard, limit the excessive behior of earnings management effectively, become as a problem needed to resolve in the accounting theory and practice field.In this paper, on the aspects of the article "Impairment of Assets and earnings management" which were writed by Chinese experts is searched and researched ,with the starting point for the study that the relationship between the impairment of assets and earnings management, the extraction and back data before and after the promulgation of new guidelines for assets impairment, on the basis in the comparative analysis of the old and the new accounting policy for impairment of assets ,pointed out that the new accounting standards related to the prohibition of the reversal of impairment of long-term assets, blocked part of the earnings management channel of the listed companies. However, bad debts, inventory decline these two are still allowed to switch back, the new asset impairment accounting standards and other related still he space to be used for earnings management. Pointed out how to choose between maintain continuity and stability of accounting policies, accounting standards in the need to keep flexibility of space and restricted earnings management, is the most difficult decisions which the standard setters will be facing.In this paper, with the use of a combination of theoretical and empirical analysis, the use of the comparative analysis and empirical analysis,which to verified the positive role the existing accounting policy for impairment of assets played in the earnings management of listed companies ,and at the same time,it pointed out that the existing accounting policy for impairment of assets defects in the system lead to it has become an important means of the earning management in the listed companies. In the theoretical analysis part, First of all, this paper combine the results of research on behior between the assets for impairment accounting policy at home and abroad, summed up the theoretical basis between the impairment of assets and the earnings management, and ge a simple description in the relationship between impairment of assets and earnings management.At the same time, respectively,describe the oid losses companies,huge losses companies, turning losses companies, profitability and macth stocks companies’s behior and motivation on the aspect to deal with the assets impairment, combined with the comparison of the new standards with the old and the international standards, to verify the purpose and significance of the new standard-setting, and through the behior and motives before analysis to reflect the new standards are still he problems, so as a basis for further empirical analysis.In the empirical analysis,because the new accounting standards will be implemented in 2007, as a result , 2006 will ever become the last year to return the impairment provision back to profit, which the domestic accounting industry generally guess that there will be a large number of listed companies return the impairment back action in 2006, and therefore choose the company profitable for three consecutive years from 2003 to 2005 to study as the samples, carried out T-test by the overall sample as well as the classification of carried out by descriptive statistical analysis, to verify prior to the implementation of new guidelines, profit company does exist ooth earnings behior through the impairment of assets of companies, and reveals the way to ooth earnings. At the same time, for the issues of the empirical analysis reflected, in this paper ,then choose all the listed companies whose financial data before and after the implementation of the standard is complete as the samples, respectively, from the distillion for impairment of assets and the amount of back and prepare for the disposal of assets for impairment impact on net profit, in terms of listed companies on China’s use of asset impairment to manipulate profits,so as to conduct the empirical analysis, proved indeed the new standard play an restricted role in earning management.This article focuses on the study that if there exist a large number of listed companies ooth the profit through the assets for impairment,for which profit during three consecutive years from 2003 to 2005 in 2006 financial reports, How they are prepared to carry out asset impairment ooth earnings? " The release of Accounting Standard for Business Enterprises No. 8 - Impairment of Assets," had an impact on earnings management of listed companies whether or not,and to produce what about kind of impact, as well as what is the problem after the implementation of the new standard will continue to exist? And make a sound accounting standards and accounting system, and improve relevant policies, laws and regulations, set up a reasonable business performance evaluation system and evaluation criteria countermeasures,and so on.
论文关键词： 资产减值；盈余管理；上市公司；新会计准则；国际会计准则；实证研究；
Key words（英文摘要）：www.328tibet.cn Impairment of asset；earnings management；listed company；new accounting standards；international accouting standards；empirical study；