稳健性对非经常性损益价值相关性的影响研究——基于不同投资者类型的分析视角

被引：7

作者：

周晓苏 ^{[1
]}

吴锡皓 ^{[2
]}

机构：

[1] 南开大学商学院

[2] 海南大学经济与管理学院

来源：

管理评论 | 2014年 / 26卷 / 04期

关键词：

稳健性; 非经常性损益; 价值相关性; 机构投资者; 散户; 信息甄别能力;

D O I：

10.14120/j.cnki.cn11-5057/f.2014.04.016

中图分类号：

F233 [会计工作组织与制度];

学科分类号：

1202 ; 120201 ;

摘要：

基于不同投资者类型的分析视角,本文探析了会计稳健性对非经常性收益和损失的价值相关性的影响。研究表明,在以机构投资者为主的公司中,稳健性的增强会导致非经常性收益缺乏价值相关性,但却提高了非经常性损失的价值相关性,并且二者的差异随着稳健性的增强而加大;而以散户为主的公司中,稳健性的增强会同时提高非经常性收益和损失的价值相关性。该结果表明,在稳健性影响分项盈余价值相关性的过程中,投资者的信息甄别能力起到了至关重要的作用。

引用

页码：3 / 13

页数：11

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