:::

詳目顯示

回上一頁
題名:以IFRS為基礎的中國會計準則對資訊環境的影響
書刊名:中華會計學刊
作者:林美鳳 引用關係金成隆 引用關係謝佳純
作者(外文):Lin, Mei-fengChin, Chen-lungHsieh, Chia-chun
出版日期:2014
卷期:10:1
頁次:頁65-98
主題關鍵詞:國際財務報導準則中國會計準則資訊環境International financial reporting standardsIFRSChina accounting standardsInformation environment
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(2) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:2
  • 共同引用共同引用:55
  • 點閱點閱:20
本研究以中國證券市場為研究對象,探討強制採用以IFRS為基礎的中國會計準則(IFRS-based China Accounting Standards,簡稱ICAS)對資訊環境的影響。實證結果顯示,在強制採用ICAS後,不論是公開資訊和私有資訊的精確度都下降,亦即中國僅是形式上採用ICAS,並未實質的改善資訊環境。本研究也發現,在考量中國特殊特性下,強制採用ICAS後國有企業在ICAS實施後,公開資訊精確度比非國有企業佳;股權集中度愈高的公司,其私有資訊和整體資訊精確度較高;相較於僅發行A股的公司而言,同時發行以境外投資人為主之股票的公司,其私有資訊精確度較高。但法律成熟度,並沒有影響ICAS實施對於資訊環境的影響。整體而言,本研究提供了進一步證據,支持IFRS的成效受到實行國家的機制背景與報導誘因影響的說法。
This paper aims to examine the effects of the IFRS-based China Accounting Standards (ICAS) on the information environment of Chinese listed firms. Contrary to extant studies, we find that mandatory ICAS adoption results in decreased precision of both private and public information, and thus in overall information precision. Furthermore, we find that after mandatory ICAS adoption, (1) the decreased precision of public information is less pronounced for state-owned enterprises than others; (2) the decreased precision of private and overall information is less pronounced for firms with greater levels of ownership concentration; and (3) the reduction in private information precision is less pronounced for firms whose shares are held by foreign investors. Finally, we find no difference in the effect of law enforcement on the association among firms in provinces with differential legal enforcement regimes. Overall, our findings lend support to the arguments that reporting incentives and countries' institutional frameworks play key roles in shaping firms' reporting practices.
期刊論文
1.Chang, Jinho、Cho, Young Jun、Shin, Hyun-Han(200711)。The change in corporate transparency of Korean firms after the Asian financial crisis: An analysis using analysts' forecast data。Corporate Governance: An international review,15(6),1144-1167。  new window
2.Mohanram, P. S.、Sunder, S. V.(2006)。How has regulation FD affected the operations of financial analysts?。Contemporary Accounting Research,23(2),491-525。  new window
3.Botosan, C. A.、Plumlee, M. A.、Xie, Y.(2004)。The role of information precision in determining the cost of equity capital。Review of Accounting Studies,9(2/3),233-259。  new window
4.陳彩稚、李書行、蔡璧徽(20060700)。會計準則、資訊不對稱對中國大陸證券市場盈餘宣告之市場反應的影響。會計評論,43,1-25。new window  延伸查詢new window
5.Sami, H.、Zhou, H.(2004)。A comparison of value relevance of accounting information in different segments of the Chinese stock market。The International Journal of Accounting,39(4),403-427。  new window
6.王喜玲(2009)。新準則體系變化帶來的新理念及其影響。會計之友,30,20-21。  延伸查詢new window
7.王樾(2011)。上市公司公允價值應用的經濟後果分析--基於新准則公允價值視角下的理論分析與實證檢驗。財經論叢,2011(1),84-90。  延伸查詢new window
8.吳伯凡(2006)。新會計準則與舊會計準則、國際財務報告準則的比較。經濟論壇,18,134-135。  延伸查詢new window
9.官月緞、陳麗雯(20071200)。中國財務報導穩健性實證分析。會計與公司治理,4(2),81-104。new window  延伸查詢new window
10.崔仙玉(2007)。新企業會計準則對會計教學的影響。金融理論與教學,2007(1),52-53。  延伸查詢new window
11.陳勁甫(20021000)。大陸股市價量關係之研究。中華管理評論,5(4),83-103。  延伸查詢new window
12.郭振雄、何怡澄(20090300)。中國各地方政府自願在網路揭露財務資訊之比較研究。中國大陸研究,52(1),29-58。new window  延伸查詢new window
13.湯一梅(2006)。新準則解讀:淺談新會計準則出台的現實意義。會計之友,2006(8C),77-78。  延伸查詢new window
14.楊敏靈、楊繼紅(2008)。新會計準則對我國市場信息披露的影響淺析。商場現代化,561,329。  延伸查詢new window
15.葉京怡(20100300)。企業提升資訊透明度能否降低資金成本?。修平學報,20,17-33。  延伸查詢new window
16.潘上永、金健文(2006)。準則研究:國際會計準則與中國會計準則的發展路徑分析。會計之友,2006(8B),91-92。  延伸查詢new window
17.劉玉廷(2009)。中國會計三十而立。A Plus,5(1),52-54。  延伸查詢new window
18.Bai, C.、Shivakumar, L.(2005)。Earning quality in UK private firms: Comparative loss recognition timeliness。Journal of Accounting and Economics,39(1),83-128。  new window
19.Burgstahler, D.、Hail, L.、Leuz, C.(2006)。The importance of reporting incentives: Earning management in European private and public firms。The Accounting Review,81(5),983-1016。  new window
20.Byard, D.、Li, Y.、Yu, Y.(2011)。The effect of mandatory IFRS adoption on financial analysts' information environment。Journal of Accounting Research,49(1),69-96。  new window
21.Chen, S.、Sun, Z.、Wang, Y.(2002)。Evidence from China on whether harmonized accounting standards harmonize accounting practices。Accounting Horizons,16(3),183-197。  new window
22.Dickinson, G.、Liedtke, P. M.(2004)。Impact of a fair value financial reporting system on insurance companies: A survey。The Geneva Papers on Risk and Insurance,29(3),540-581。  new window
23.He, X.、Wong, T. J.、Young, D.(2012)。Challenges for implementation of fair value accounting in emerging markets: Evidence from China。Contemporary Accounting Research,29(2),538-562。  new window
24.Heflin, F.、Subramanyam, K. R.、Zhang, Y.(2003)。Regulation FD and the financial information environment: Early evidence。The Accounting Review,78(1),1-37。  new window
25.Johnson, S.、McMillan, J.、Woodruff, C.(2002)。Property rights and finance。American Economic Review,92(5),1335-1356。  new window
26.Kaymaz, O.、Karaibrahimoglu, Y. Z.(2011)。Early observations on the quality of IFRS reports: Evidence from Turkey。Global Journal of Business Research,5(3),27-40。  new window
27.Kim, O.、Verrecchia, R. E.(1997)。Pre-announcement and event-period private Information。Journal of Accounting and Economics,24,395-419。  new window
28.Lee, H. W.、Valero, M.(2010)。Cross-listing effect on information environment of foreign firms: ADR type and country characteristics。Journal of Multinational Financial Management,20(4/5),178-196。  new window
29.Leung, S.、Srinidhi, B.(2006)。The effect of the private securities litigation reform act on analyst forecast properties: The impact of firm Size and growth opportunities。Journal of Business Finance and Accounting,33(5/6),767-792。  new window
30.Peng, S.、Bewley, K.(2010)。Adaptability to fair value accounting in an emerging economy: A case study of China's IFRS convergence。Accounting, Auditing & Accountability Journal,23(8),982-1011。  new window
31.Xiao, W.(2010)。The improved information environment as a key rational for freedom of information reform in China。Information Polity,15(3),177-187。  new window
32.Zeng, X.、Guo, X.、Yang, C. -T.、Xiong, Y.(2012)。Value relevance of financial assets' fair values: Evidence from Chinese listed companies。African Journal of Business Management,6(12),4445-4453。  new window
33.李志文、宋雲玲(20090700)。中國大陸股市的公開、公平、公正。會計評論,49,129-165。new window  延伸查詢new window
34.耿曙(20020500)。中國大陸東西部發展不平衡的起源--國家、市場、區域開發。中國大陸研究,45(3),27-57。new window  延伸查詢new window
35.Barron, O. E.、Byard, D.、Kim, O.(2002)。Changes in analysts' information around earnings announcements。The Accounting Review,77(4),821-846。  new window
36.Hung, M.、Subramanyam, K. R.(2007)。Financial statement effects of adopting international accounting standards: The case of Germany。Review of Accounting Studies,12(4),623-657。  new window
37.Skinner, D. J.、Sloan, R. G.(2002)。Earnings surprises, growth expectations, and stock returns: Don't let an earnings torpedo sink your portfolio。Review of Accounting Studies,7(2/3),289-312。  new window
38.Verrecchia, Robert E.(1982)。Information Acquisition in a Noisy Rational Expectations Economy。Econometrica,50(6),1414-1430。  new window
39.Ashbaugh, H.、Pincus, M.(200112)。Domestic accounting standards, international accounting standards, and the predictability of earnings。Journal of Accounting Research,39(3),417-434。  new window
40.Ball, Ray(2006)。International Financial Reporting Standards (IFRS): Pros and cons for investors。Accounting and Business Research,36(sup1),5-27。  new window
41.杜榮瑞、顏信輝、陳琬瑜(20041200)。影響我國現階段全面採用國際會計準則之因素探討。會計與公司治理,1(2),15-37。new window  延伸查詢new window
42.陳冠宙、陳育成、陳雪如(20050600)。影響上市公司網站資訊透明度因子之實證。會計與公司治理,2(1),33-59。new window  延伸查詢new window
43.Daske, H.、Hail, L.、Leuz, C.、Verdi, R.(2008)。Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences。Journal of Accounting Research,46(5),1085-1142。  new window
44.Li, Siqi(2010)。Does Mandatory Adoption of International Financial Reporting Standards in the European Union Reduce the Cost of Equity Capital?。The Accounting Review,85(2),607-636。  new window
45.Chen, Gongmeng、Firth, Michael、Xu, Liping(2009)。Does the Type of Ownership Control Matter? Evidence from China's Listed Companies。Journal of Banking and Finance,33(1),171-181。  new window
46.Sengupta, Partha(1998)。Corporate disclosure quality and the cost of debt。The Accounting Review,73(4),459-474。  new window
47.林有志、曾乾豪(20071100)。財務透明度對盈餘資訊性之影響。當代會計,8(2),155-180。new window  延伸查詢new window
48.Aharony, Joseph、Lee, Chi-Wen Jevons、Wong, Tak Jun(2000)。Financial packaging of IPO firms in China。Journal of Accounting Research,38(1),103-126。  new window
49.Ball, Ray、Robin, Ashok、Wu, Joanna Shuang(2003)。Incentives versus Standards: Properties of Accounting Income in Four East Asian Countries。Journal of Accounting and Economics,36(1-3),235-270。  new window
50.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics,20(1/2),293-315。  new window
51.Zhang, X. Frank(2006)。Information uncertainty and stock returns。The Journal of Finance,61(1),105-137。  new window
52.La Porta, Rafael、López-de-Silanes, Florencio、Shleifer, Andrei(1999)。Corporate ownership around the world。Journal of Finance,54(2),471-517。  new window
53.Barth, M. E.、Landsman, W. R.、Lang, M. H.(2008)。International Accounting Standards and Accounting Quality。Journal of Accounting Research,46(3),467-498。  new window
54.Wang, Qian、Wong, Tak-Jun、Xia, Lijun(2008)。State ownership, the institutional environment, and auditor choice: Evidence from China。Journal of Accounting and Economics,46(1),112-134。  new window
55.Barron, Orie E.、Kim, Oliver、Lim, Steve C.、Stevens, Douglas E.(1998)。Using analysts forecasts to measure properties of analysts information environment。The Accounting Review,73(4),421-433。  new window
56.Lang, Mark H.、Lundholm, Russell J.(1996)。Corporate Disclosure Policy and Analyst Behavior。The Accounting Review,71(4),467-492。  new window
57.Demsetz, Harold(1983)。The structure of Ownership and the Theory of the Firm。The Journal of Law & Economics,26(2),375-390。  new window
58.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics,3(4),305-360。  new window
59.Brown, L. D.(1997)。Analyst Forecasting Errors: Additional Evidence。Financial Analysts Journal,53(6),81-88。  new window
60.Barry, Christopher B.、Brown, Stephen J.(1985)。Differential information and security market equilibrium。Journal of Financial and Quantitative Analysis,20(4),407-422。  new window
61.王小魯(2001)。各省區市場化進程排行榜。中國改革,11,53-54。  延伸查詢new window
62.Irani, A. J.、Karamanou, I.(2003)。Regulation Fair Disclosure, Analyst Following, and Analyst Forecast Dispersion。Accounting Horizons,17(1),15-29。  new window
會議論文
1.趙俊倫(2010)。中國市場分割與地方保護主義之發展及影響--以上海市戶籍制度改革為例。全球/在地趨勢與變遷研究生論文研討會。淡江大學。  延伸查詢new window
2.Jiang, H.、Habib, A.(2010)。Value relevance of accounting information: Evidence from split share structure reform in China。Meeting of Auckland Region Accounting Conference 2010。Auckland, New Zealand。  new window
3.Yu, Y.、Qu, X.(2009)。International accounting convergence in China: An empirical study of standards on assets measurement。Meeting of III Congress IAAERANPCONT。Sao Paulo, Brazil。  new window
研究報告
1.Ahmed, A. S.、Neel, M.、Wang, D.(2010)。Does Mandatory Adoption of IFRS improve Accounting Quality? Preliminary Evidence。Texas A&M University。  new window
2.吳啟銘(1998)。外國機構投資人交易及其對股票價格之影響 (計畫編號:NSC 87-2416-H-004-005)。  延伸查詢new window
3.Bai, C.、Liu, Q.、Lu, J.、Song, F. M.、Zhang, J.(2003)。Corporate governance and market valuation in China。university of Michigan business school。  new window
4.Christensen, H. B.、Lee, E.、Walker, M.(2008)。Incentives or standards: What determines accounting quality changes around IFRS adoption?。Manchester Business School。  new window
5.Gu, Z.(2004)。Measuring the precision of analysts' private and common information: Generalization and an application。Tepper School of Business, Carnegie Mellon University。  new window
6.Han, S.、Kang, T.、Lobo, G.(2008)。Managerial ownership and firms' information environment。Singapore Management University:Florida Atlantic University:University of Houston。  new window
7.Wang, X.、Xu, L. C.、Zhu, T.(2001)。State-owned enterprises going public: The case of China。Hong Kong University of Science and Technology。  new window
8.Yang, Y. C.(2010)。Mandatory IFRS reporting and analysts' information。Nanyang Technological University。  new window
圖書
1.資誠聯合會計師事務所(2009)。迎接國際會計準則時代的來臨。PwC Taiwan。  延伸查詢new window
2.樊綱、王小魯、朱恆鵬(2009)。中國市場化指數。北京:經濟科學出版社。  延伸查詢new window
單篇論文
1.Fang, L.,Yasuda, A.(2004)。Analyst reputation, underwriting pressure, and forecast accuracy,The Rodney L. White Center for Financial Research。  new window
其他
1.吳碧蛾(20080709)。接軌國際快向IFRS靠攏。  延伸查詢new window
2.凃清淵(20090612)。《會計新知》導入IFRS經驗與因應思維。  延伸查詢new window
圖書論文
1.McMillan, J.(1997)。Markets in transition。Advances in Economics and Econometrics: Theory and Applications。Cambridge, UK:Cambridge University Press。  new window
2.Piotroski, J. D.、Wong, T. J.(2012)。Institutions and information environment of Chinese listed firms。Capitalizing China。Chicago, IL:University of Chicago Press。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
:::
無相關書籍
 
無相關著作
 
無相關點閱
 
QR Code
QRCODE