会计稳健性经济后果的文献综述

基于投、融资角度对国内外会计稳健性经济后果相关文献的研究可知,会计稳健性与融资成本负相关,为采用较低的融资成本,企业应选择更为谨慎、稳健的会计政策来提高融资效率;对于会计稳健性与投资效率的相关性,现有文献并未达成一致结论。学者们在探究会计稳健性对融资成本影响的过程中,更侧重研究其对债务成本的影响,而对与股权成本相关性的研究则较少;目前众多会计稳健性经济后果的研究并无统一结论,在今后应对其加大研究力度,这对上市公司提高会计信息质量具有良好的启示作用。

Literature Review on the Economic Consequence of Accounting Conservatism

Literature review on the economic consequence of accounting conservatism at home and abroad is carried out from the perspec-tive of investment and financing. It is found that accounting conservatism has a negative relation with financing cost. In this connection, enterprises should select more cautious and moderate accounting policies for raising financing efficiency with low cost. No consensus on the correlation between accounting conservatism and investment efficiency is achieved in current literature. When investigating the influ-ence of accounting conservatism on financing cost, researchers usually focus on the influence on the debt cost;less researches are conduct-ed on stock right cost relevance. As there is no unanimous conclusion as to the economic consequence of accounting conservatism, more efforts could be put on it in future researches, which will help public listed companies increase the accounting information quality.