企业合并会计方法选择的经济后果分析

根据我国现行《企业会计准则》的规定,企业合并的会计处理方法原则上分别采用权益结合法和购买法进行会计处理。企业合并对会计方法的选择差异将会带来不同的会计后果,如果产生盈余管理的动机,则会利用会计方法的差异进行利润操纵。为了防止企业的这种行为,相关部门有必要出台相关政策予以完善,即以政策性规定或条文的形式,严格维护购买法和权益结合法的互斥关系;提高公允价值评估机构的获准入行的标准,确保公允价值评估的准确性和可信度;强化从业人员的专业胜任能力;对相关政策或准则规定有冲突的地方进行适当的修订。     

税收特征对企业并购行为影响的实证研究

利用Logit模型对企业并购的税收影响进行实证研究,认为税收因素对我国企业并购行为具有一定的影响,并购中存在获得潜在税收收益的动机。在构建企业并购的税收监管体系时,要关注企业并购的税收动机以及税收因素对税收监管的影响。     

会计准则的国际趋同与会计信息质量

会计信息质量的影响因素包括法律制度、会计准则以及机会和激励等,结合中国的制度环境分析各因素对会计信息质量的影响,研究发现,虽然内外部环境为公司管理层进行盈余管理提供了各种利益机会和激励,但随着投资者保护法律的不断完善,中国会计准则的国际趋同应该能够提高会计信息质量。     

我国会计准则国际协调效果量化研究评述

In recent years, an increasing number of quantitative researches have been conducted in the field of international harmonization of China Accounting Standards(CAS). However, differences even contradictions do exist in the conclusions due to different research perspectives, samples, variable and period selection as well as the method adopted. Firstly, this paper systematically reviews the quantitative research literature on the international harmonization progress of CAS from the following four aspects: the degree of harmonization of specific items in CAS with that of in International Accounting Standards (IAS), differences in accounting numbers, accounting information, and earnings quality in various financial reports compiled based on CAS or IAS respectively. Lastly, suggestions for future research are provided. Translated and revised from Kuaiji Yanjiu 会计研究 (Accounting Research), 2006, (2): 14–18     

新兴市场国家吸引跨国并购的决定因素——从市场化程度视角的解析

近年来,发展中国家外国直接投资的流入量持续增加,并且跨国并购成为越来越重要的外资主要进入模式。本文考察新兴市场发展潜力与吸引跨国并购规模的内在相关性。通过理论和实证分析证实,新兴市场的市场潜力越大,特别是其中经济自由度、市场强度、商业基础设施的发展水平越高,吸引跨国并购的能力也越强。本文的启示是新兴市场国家市场经济制度的完善及与发达国家的接轨是提高吸收外资竞争力的重要条件。     

会计准则的国际趋同研究:一个综述

本文首先简要回顾了国内外关于会计准则国际趋同的研究,然后从会计准则具有经济后果的角度分析了会计准则国际趋同的问题。在由国家会计准则向国际会计准则趋同的过程中,既要实现规范本身的趋同,又要实现规范指导下的实务趋同。一国会计准则国际化过程中的策略选择,可能直接或间接地对该国的经济利益产生影响。     

The Role of Business Ethics in Merger and Acquisition Success: An Empirical Study

The purpose of this paper is to explore job performance, mergers and acquisitions (M&A) from an ethical perceptive. A great number of studies have extensively discussed the link between M&A and performance; however, most focused on the financial functions and strategy selections. Although ethical issues emerge in the M&A process, it is a less studied area. This study adopted the structural equation modeling approach to empirically test our hypotheses. Based on 264 samples from financial companies, data analyses indicated that ethical conduct in M&A is significantly correlated with employee job performance. Ensuring employment security and caring practices can significantly explain organizational commitment. Organizational commitment also plays a significant mediating role between a company’s ethical conduct and employee job performance. Managerial implications are also provided.Carol Yeh-Yun Lin is a Professor of the Department of Business Administration at National Chengchi University in Taiwan. She received her Ph.D. in Human Resource Development from the University of Texas at Austin in 1992. She has published previously in the Journal of Small Business Management, Journal of Psychology, Journal of Engineering and Technology Management, Industrial Relations Journal, International Journal of Human Resource Management, and a number of other scholarly journals. Yu-Chen Wei is a doctoral candidate of the Department of Business Administration at National Chengchi University. Her research interests include intellectual capital, high-performance work system and business ethics.     

The Impact of IFRS Convergence on the Effectiveness of Accounting Information for Share Valuation: Evidence from the Mainland of China

This study examines whether the reconciliation amounts between IFRS and PRC GAAP provide additional incremental value-relevant information. More specifically, it investigates whether firms applying IFRS experience an increase in the quality of accounting information in the post-IFRS convergence period. Results show that IFRS convergence increases the values of balance-sheet items and enlarges variation across firms. Moreover, there is no difference in the explanatory power of value relevance of accounting information under IFRS and PRC GAAP for share prices and returns of A-shares. The incremental value relevance analysis suggests that the IFRS adjustments to earnings are value relevant, whereas the adjustments to book values are not. The IFRS adjustments to change in inventory are value relevant for predicting future operating cash flows. Finally, accounting quality improved in post-convergence period. These results are robust after controlling for the unique characteristics of Chinese firms.     

会计政策经济后果:产生路径与应对策略——基于“华泰财险”兴衰案的分析

会计不仅仅是经济计量的工具,而且是作为社会经济资源配置的重要制度或机制之一,是经济利益相关者利益分配的工具,因此,会计政策选择与执行具有直接或间接的经济后果。会计政策经济后果是指会计政策的选择对投资者等信息使用者的决策行为或企业价值产生影响。本文通过对华泰财产保险公司兴衰案中会计政策经济后果及其产生路径的分析,揭示了会计政策经济后果的基本作用规律,并在此基础上为会计理论研究、会计准则制定、决策者对会计信息的利用以及监管法规的完善分别提供了应对策略。     

中国机床制造业跨境并购动因研究——从贸易条件的角度分析

文章通过对我国通用设备制造业1996～2007年的进出口数据分析表明,我国机床制造业在劳动生产率不断提高的同时,在1997～2003年贸易条件不断恶化,说明单纯依靠降低价格、扩大出口数量的方式已经不能改善贸易条件,企业需要通过提高出口产品技术含量的方式来改善贸易条件。2002～2006年的技术寻求型对外直接投资改善了我国机床制造业在2003～2007年的贸易条件。产品出口的贸易条件恶化是我国机床制造业跨境M&As的内在动因。