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要获得高质量的会计信息,高质量的会计准则和有效的执行支撑环境缺一不可。以新会计准则及相关监管措施的发布为切入点,发现中国资本市场对新会计准则颁布事件给予了负面的反应,但对证监会的会计准则执行监管措施给予显著为正的股价反应。证据表明,在尚不完善的制度环境下,加强监管力度有利于高质量会计准则作用的更好发挥。
To obtain high-quality accounting information, high-quality accounting standards and effective implementation of the supporting environment are indispensable. Starting from the release of new accounting standards and related regulatory measures, it finds that Chinese capital markets have negatively responded to the enactment of new accounting standards but has given a significant positive share price reaction to the SFC’s enforcement of accounting standards. Evidence shows that in the imperfect institutional environment, strengthening supervision is conducive to playing a better role in high-quality accounting standards.