文档介绍：南京航空航天大学
硕士学位论文
我国上市公司盈余持续性实证研究--基于盈余应计项目可靠性
角度
姓名:解芳芳
申请学位级别:硕士
专业:会计学
指导教师:张丕宏
2011-03
南京航空航天大学硕士学位论文

摘要

盈余是企业生存和发展的基石,体现了企业的一定期间内的经营成果,是投资人、债权人
等利益相关者的利益保障。盈余持续性是盈余质量重要指标之一,是投资人、债权人评判企业
未来发展趋势的重要依据,同时也是企业价值评估的核心。因此,盈余持续性研究具有非常重
要的现实和理论意义。
本文回顾了国内外学者关于盈余持续性研究文献,在定义盈余应计项目的基础上,结合资
产负债表和企业经营活动内容,对盈余应计项目逐级细分,根据各盈余应计细分项目所包含内
容及影响因素评定其可靠性,建立联系会计可靠性和盈余持续性的多元线性回归模型,选取
2004-2009 年间我国深沪两市年制造业上市公司为研究样本,实证分析会计可靠性和盈余持续
性之间的关系。研究发现,盈余现金流量的持续性高于盈余应计项目;可靠性越高的盈余应计
细分项目持续性系数越高,换言之,会计可靠性和盈余持续性正相关;公允价值计量属性的引
入导致金融资产持续性回归系数符号变动,揭示了相关性和可靠性财务信息质量特征之间的替
代关系。而后根据本文研究结论,在分析会计信息生产过程的基础上,本文提出以会计信息可
靠性为传导媒介的提高盈余持续性的措施。最后对本文研究中不足之处进行了总结,提出未来
有待进一步研究的问题。

关键词:盈余持续性,应计项目,可靠性,多元线性回归模型
i
我国上市公司盈余持续性实证研究——基于盈余应计项目可靠性角度

ABSTRACT

Earnings are the foundation of enterprises’ survival and development, it reflects enterprises’
operating results with a certain period and protects investors, creditors and other stakeholders’
interests. While earnings persistence is one of the most important indicators that reflect earnings
quality, it is not only the significant basis for investors, creditors and other stakeholders to judge the
enterprises’ future development tendency but also the core of business valuation. Because of those
reasons, research on earnings persistence has great practical and theoretical significance.
This paper reviews research literature on earnings persistence of domestic and foreign scholars,
by defining accruals, this paper poses the accrual according to the nature of enterprise activities
and balance sheet, and rates each based on the reliability of respective accruals. We construct a linear
regression model bines accruals reliability and earnings persistence, then make an empirical
research on earnings persistence of panies of manufacturing industry, investigate the
relationship between earnings persistence and accruals reliability. The result shows that the accrual
component of earnings is less pers