不对称信息理论与会计信息披露问题研究

会计信息披露是资本市场实现资源有效配置的基础,也是会计工作的基本目标之一。本文通过不对称信息理论深入分析了目前我国会计信息披露中产生的各种问题,并找出其中的内在动因,为规范我国会计信息披露制度进行了深入的思考和分析。本文的结构分为三个部分,首先简单介绍一下不对称信息理论及其基本理论,其次分析目前我国证券市场上会计信息披露存在的各种问题,最后利用不对称信息理论针对这些问题进行深入的分析研究,并得出相应的结论。     

Generational and Regional Differences in Media Consumption Patterns of Chinese Generation X Consumers

This study applies generational cohort theory, as well as uses and gratifications theory, to investigate the media program preferences of China's Generation X (Gen X) consumers. Using syndicated data from a large random sample of urban Chinese consumers, we find that the Gen X cohort consumers, compared with their preceding generational cohorts, tend to pay more attention to entertainment-based media programs such as television drama series and radio pop music, and shun information-based topics such as news or business reports. Furthermore, while cohort effects on preferences for media program types exist, the effects are less pronounced in more developed regions in China. Compared with their counterparts in Xi'an, a less developed city, Gen X consumers living in Guangzhou, a more developed city, are more attentive to information-based programs on television and in newspapers, and show less preference for entertainment-based content.     

Who Plays the Key Role among Shanghai, Shenzhen and Hong Kong Stock Markets？

In this paper we examine the daily frequency stock market indices of Shanghai, Shenzhen and Hong Kong from January 2000 to June 2012, and use the Morlet wavelet coherence model to determine who is playing the most important role in the financial markets of China. We find that there are significant comovements between these stock markets in the medium and long run. This provides investors with opportunities to increase their capital gains. The Hong Kong stock market plays a leading role in the long run, but its leader position is threatened by fast‐growing Chinese mainland stock markets, especially the Shanghai Stock Exchange. Based on our analysis, the following suggestions apply to the Chinese stock markets: establish and improve international and regional finance centers in Chinese mainland; encourage more qualified institutional investors; reposition the market relations among Hong Kong, Shanghai and Shenzhen; and increase deregulation and internationalization to speed up the integration of financial resources.     

自创商誉价值形成要素及其计量的分析

商誉是企业的重要经济资源,其价值是由多种要素综合体现的,它不是一开始就有的,也不是一成不变的,而是随着企业的外部竞争环境及内部条件变化而变化。因此说,企业商誉的价值是个变量,它有个形成与发展过程,并且在企业不同的发展阶段中价值构成要素不一样,其计量方法也应该存在多样性。     

国外风险企业发展的成功经验

由于风险企业具有高科技、高投资、高风险和高收益等方面的特点，所以世界大多数国家都采取了有别于普通企业的特殊政策来扶持和促进风险企业的发展。一般地说，各国比较普遍的做法是，在风险企业的设立、税收、信贷和投融等方面给予相应的优惠政策，建立健全为风险企业发展服务的风险投资机构，实行产学研一体化，建立科技工业园区。目前我国风险企业发展还相当落后，应当学习和借鉴国外的这些成功经验，结合现阶段我国风险企业发展的实际情况，采取相应的措施来推动我国风险企业发展。     

上市公司企业利润质量分析——来自国内某大型空调制造企业的实践

本文以利润表为主要分析对象,以定量分析为主要分析方法,对我国空调市场某领导企业(文中简称G公司)进行了利润质量分析与评价,以期发现目前我国上市公司利润表中存在的粉饰公司业绩、扭曲利润质量的手段与途径。     

Securities regulation and implicit penalties

The extant literature offers extensive support for the significant role played by institutions in financial markets, but implicit regulation and monitoring have yet to be examined. This study fills this void in the literature by employing unique Chinese datasets to explore the implicit regulation and penalties imposed by the Chinese government in regulating the initial public offering (IPO) market. Of particular interest are the economic consequences of underwriting IPO deals for client firms that violate regulatory rules in China’s capital market. We provide evidence to show that the associated underwriters’ reputations are impaired and their market share declines. We further explore whether such negative consequences result from a market disciplinary mechanism or a penalty imposed by the government. To analyze the possibility of a market disciplinary mechanism at work, we investigate (1) the market reaction to other client firms whose IPO deals were underwritten by underwriters associated with a violation at the time the violation was publicly disclosed and (2) the under-pricing of IPO deals undertaken by these underwriters after such disclosure. To analyze whether the government imposes an implicit penalty, we examine the application processing time for future IPO deals underwritten by the associated underwriters and find it to be significantly longer than for IPO deals underwritten by other underwriters. Overall, there is little evidence to suggest that the market penalizes underwriters for the rule-violating behavior of their client firms in China. Instead, the Chinese government implicitly penalizes them by imposing more stringent criteria on and lengthening the processing time of the IPO deals they subsequently underwrite.     

基层医院病案管理问题与思考

目的:查找医院病案管理中存在的问题,采取积极有效的措施,为提高基层医院病案管理质量提供依据。方法:对二级以上医院利用随访方式调查,随机到实地病案室查看。结果:病案室缺少管理人员,业务知识差,基础设施不齐,制度不健全等。结论:基层医院病案管理急需医院重视,应主动采取有效措施,促进基层医院病案管理事业的发展。     

公允价值:特性以及利弊分析

计量一直是会计的核心问题。该文着重阐述了公允价值的含义和特征，并分析了使用公允价值的利弊，最后针对上述分析对公允价值在我国的应用提出了个人的基本观最。     

浅谈语境设置在英美概况课中的应用

本文通过了解语境这一概念以及语境设置的意义来分析语境的设置在大学英美概况课程中的应用,说明了语境的设置对英美概况教学中学生能力的培养具有非常重要的作用。