盈余信息相关性悖论

悖论分为两个层次：逻辑不一致和信号选择偏误。盈余信息满足以下条件时具有相关性：（1）合理地诠释了经济利润;（2）符合各契约主体的信息要求。盈余信息满足条件（1）时,具有基础相关性;盈余信息满足条件（2）时,具有博弈相关性;同时满足两个条件时,盈余信息具备完备的相关性。提出了博弈相关性的两种形式：显式相关性和隐式相关性。引入显式相关性和隐式相关性后,解决了相关性的逻辑不一致,完善了盈余信息相关性理论。

Relevance Paradox of Earnings Information

The paradox is divided into two levels： the logical inconsistencies and signal selection bias.Earnings information will have relevance when it meets the following conditions：（1） earnings information is a reasonable interpretation of the economic profits;（2） earnings information is in line with the information request of each contractor.On the condition（1）,earnings information has basic relevance;on the condition（2）,earnings information has game relevance;on conditions of both,it has complete relevance.The game relevance is divided into two forms： obvious relevance and obscure relevance.After introducing obvious relevance and obscure relevance,this paper resolves the logical inconsistencies of relevance,improves the relevance theory of earnings information.