新会计准则中合并报表理论变革的经济后果研究——基于少数股东权益、少数股东损益信息含量变化的研究

本文研究新会计准则在合并财务报表方面的变迁对少数股东权益和损益信息含量的影响。2006年2月15日颁布并于2007年实施的"新合并财务报表准则"(企业会计准则第33号——合并财务报表)相对旧准则做出了修改:规定少数股东权益在合并资产负债表所有者权益项目下单独列示;少数股东损益在合并利润表中净利润项目下单独列示。本文发现,新会计准下,少数股东权益的价值相关性显著提高,且显著高于净资产其他组成部分的价值相关性提高程度;少数股东损益信息含量显著增加,且增加量显著高于盈余的其他组成部分带来的信息增加量。本文的经验证据支持了新会计准则中合并财务报表的实体理论,研究结论说明,新会计准则的实施使得合并财务报表具有更多信息含量。

Economic Consequences of the Change on Consolidated Financial Statement Theory in the New Accounting Standards

This paper examines the effect of the change on the accounting practice of consolidated financial statement under the new accounting standards,based on the information content changes of minority equity and minority income.The new consolidated financial statement standard which was released on February 15th,2006 and effective from 2007 stated that:minority equity should be showed separately under the equity section in the consolidated balance sheet,and minority income should be showed separately under net income section in the consolidated income statement.We find that the implementation of the new standard significantly improves the value relevance of minority equity,which can explain most of the value relevance improvement of the entire net equity under the new standard.The information content of minority income also increased,and the increase is significantly higher than the information content increase of other earnings components.Our results suggest that the implementation of the new accounting standards improves the information contents of consolidated financial statements.