摘要
我国财政部在1998年、2001年和2006年先后颁布和修订了债务重组准则,不同准则下债务重组损益的确认与计量有所不同。在这三个阶段,上市公司是否利用债务重组进行盈余管理,盈余管理程度和动机是否有所不同?针对这些问题,文章选取1999年、2006年和2007-2011年沪市A股的债务重组上市公司为样本,采用描述统计和多元回归方法研究不同债务重组准则下债务重组对盈余管理的影响。研究表明:将债务重组损益计入营业外收支的公司其盈余管理程度要高于将债务重组损益计入资本公积的公司;ST公司通过债务重组收益来粉饰报表达到扭亏为盈的目的。
China＇s Ministry of Finance successively promulgated and revised the debt restructuring standards in 1998, 2001 and 2006, under which the recognition andmeasurement of debt restructuring gains and losses is different. In this article, listed companies that debt restructured in Shanghai A-stock market in 1999, 2006 and during 2007 -2011 were selected as samples, using descriptive statistics and multivariate regression methods, the impact of debt restructuringon earnings management under different debt restructuring standards was researched. Results show that the earnings management degree of companies whose debt restructuring gains and losses accounted for as non- operating income and expenses is higher than those whose debt restructuring gains and losses included in capital reserves; ST companies through debt restructuring gains to whitewash statements to achieve the purpose of out of the red.
出处
《上海金融学院学报》
2013年第6期80-87,共8页
Journal of Shanhai Finance University
基金
江苏省教育厅2013年度高校哲学社会科学基金指导项目(项目编号:2013SJD630065)
关键词
债务重组
盈余管理
会计准则
debt restructuring
earnings management
accounting standard
