会计准则国际化与发展中的企业债券市场

我国企业债券市场的发展进程相对缓慢，过多的政府管制常被认为是主要原因。然而，一味放松管制未必能取得理想中的结果，管制的根本原因在于信息流通与定价阻碍。文章认为，会计准则国际化的影响不仅仅体现在企业层面，准则中全面的信息披露制度以及广泛地采用公允价值等基本理念，对于突破债券市场发展的信息缺乏、定价阻碍和评级失效等制度瓶颈具有根本的作用，并将积极促进债券市场的繁荣与发展。

Internationalization of Accounting Standards and the Development of China Corporate Bond Market

Too many governmental regulations have been considered as the main cause of the slow development of corporate bond market in China.But the relaxation of governmental regulation would not necessarily bring about the wanted results because the basic reason for governmental regulation is the obstacle in the communication of information and pricing.The paper demonstrates that the internationalization of accounting standards will not only influence firms but also the corporate bond market because the full disclo...