| 会计稳健性、债务期限结构与债权人保护 |
| |
| 引用本文： | 陶晓慧,柳建华.会计稳健性、债务期限结构与债权人保护[J].山西财经大学学报,2010(4). |
| |
| 作者姓名： | 陶晓慧 柳建华 |
| |
| 作者单位： | 暨南大学珠海校区;中山大学岭南学院; |
| |
| 基金项目： | 国家自然科学基金重点项目“产权保护导向的会计控制研究”(70532003); 广东省会计学会2009年度会计科研课题“会计稳健性的债务契约有用性”(项目编号:91106) |
| |
| 摘 要： | 有效的债权人保护机制能够减少债权人的逆向选择,有利于债务人取得更有利的债务融资条件。会计稳健性通过信号显示机制,可以降低债权人对违约风险的预期,有利于债务人获得长期债务融资。具体而言,在非政府控制的上市公司中,会计稳健性程度越高,就越能获得更多的长期负债;而在政府控制的上市公司中,未能发现会计稳健性与长期债务比例之间的显著关系。另外,地区金融发展深度会削弱会计稳健性对长期负债比例的影响。
|
| 关 键 词： | 会计稳健性 债务期限结构 债权人保护 |
Accounting Conservatism,Debt Maturity Structure and Creditors' Protection |
| |
| TAO Xiao-hui ,LIU Jian-hua.Accounting Conservatism,Debt Maturity Structure and Creditors' Protection[J].Journal of Shanxi Finance and Economics University,2010(4). |
| |
| Authors: | TAO Xiao-hui LIU Jian-hua |
| |
| Institution: | TAO Xiao-hui 1,LIU Jian-hua 2(1.Zhuhai College,Jinan University,Zhuhai 519070,China,2.LingNan College,Sun Yat-sen University,Guangzhou 510275,China) |
| |
| Abstract: | Effective creditors' protection reduces creditors' adverse selection for debtors to get more favorable financing conditions.This paper finds that,through signaling mechanism,accounting conservatism helps reduce the creditors' anticipation to fault risk to get longer loan.The results are:in non-stated-owned firms,more conservatism is relative to longer term;in stated-owned firms,no signal relation is found between conservatism and debt term;local developing depth of finance weaken the impact of conservatism ... |
| |
| Keywords: | accounting conservatism debt maturity structure creditors\' protection |
| 本文献已被 CNKI 等数据库收录！ |
|
