经济与管理研究Issue(5)：118-128,11.
新会计准则、盈余透明度与资本成本
China's New Accounting Standards,Earnings Transparency and Cost of Capital
郑伟光 1高洁 2陆强2
作者信息
- 1. 哈尔滨工业大学深圳研究生院，哈尔滨市，518055
- 2. 哈尔滨工业大学深圳研究生院
- 折叠
摘要
Abstract
In this paper,a new measurement method has been adopted to measure the transparency of accounting earn-ings and examine the relationship between the cost of equity capital and earnings transparency.The impact of China's new accounting standards has also been studied on earnings transparency from the perspective of consolidated financial state-ment theory and fair value.The empirical results show that:the cost of equity capital is negatively associated with earnings transparency;due to new accounting standards,changes of accounting treatment for minority interest income and introduc-tion of fair value increase earnings transparency significantly.It is also found that the new accounting standards weaken the relationship between the cost of capital and earnings transparency.关键词
新会计准则/盈余透明度/资本成本/少数股东损益/公允价值Key words
China's New Accounting Standards/Earnings Transparency/Cost of Capital/Minority Interest Income/Fair Value分类
管理科学引用本文复制引用
郑伟光,高洁,陆强..新会计准则、盈余透明度与资本成本[J].经济与管理研究,2014,(5):118-128,11.
