金融资产初始分类与上市公司盈余管理.pdf

文档介绍：金融资产初始分类与上市公司盈余管理
张会丽郑柳明
(北京师范大学经济与工商管理学院,北京 100875)
摘要:我国自 2007 年 1 月 1 日起实施的新会计准则规定,企业在短期金融资产初始分类时
应根据管理者持有意图划分为交易性金融资产或可供出售金融资产,从而赋予了管理层更多
选择的空间。企业持有越多可供出售金融资产,越有利于管理者进行盈余管理。本文从操控
性应计利润和公司业绩的角度,研究新准则下持有较高比例可供出售金融资产的公司特征,
并从事后角度进一步检验其经济后果。本文的研究发现,操控性应计利润较高、当年业绩较
差的公司更有可能将金融资产划归为可供出售金融资产,同时,该类公司在下一年实现微利
收益的概率更高。本文的研究结论表明,当前准则下的金融资产初始分类方法可能成为上市
公司实施盈余管理的新途径。
关键词:可供出售金融资产,操控性应计,盈余管理
Abstract: The new accounting standards, implemented on January 1, 2007, prescribe that the
initial classification of financial assets should be divided according to the managers’ intention,
giving the management more choices. This paper studied the characteristics of panies
with a higher proportion of “available for sale” financial assets from the angel of discretionary
accruals and the performance, and then furthered examination of its economic consequences. We
found that the higher discretionary accruals and the poorer performance pany has, the
more likely it is to classify the financial assets as “available for sale”, and the higher possibility it
is to achieve small profits. This study concluded that the initial classification of financial assets
under the current guidelines may have e a new way for panies to implement
Earnings Management.
Key words: Available - for -sale financial assets; discretionary accruals;
作者简介:张会丽,女,北京师范大学经济与工商管理学院,讲师,博士;郑柳明,福建省
福州市仓山