同一控制下企业合并会计的经济后果研究

Business combinations under common control prevail in china and their accounting rules in new Chinese Accounting Stardards No.20 (CAS20) require the method of "pooling of interest" which is waived by International Accounting Financial Report No.3(R) and SFAS No.141(R). Based on the peculiar institutional background, the project analyzes the economic consequences of accounting for business combination under common control. It includes three parts. The first part is to investigate the influences of new CAS20 with the corporate governance and heavily Chinese government regulations on manager's earning management. The second part is to analyze the decision usefulness of the new CAS20 by using the information approach and measurement approach (Scott, 2009). The third part is to investigate the impact of new CAS20 on investor interests which are embodied in the capacities of the firms' granting dividends, shareholder's Wealth and industrial development. The research is supposed to extend the literatures of accounting research on business combination under common control from the perspective of investor protection, to document the evidences of earning managements by business combination under common combination, and to develop the theory and practices of investor protection by making clear the accounting rule of undistributed profit and promoting the industrial development. The project is supposed to make suggestions for not only perfecting the CAS20, enhancing the accounting information quality, optimizing the allocation of resources and protecting the investor interests, but also improving the IFRS.

本项目基于我国转型经济中两个独特的企业合并制度背景--同一控制下企业合并盛行且其会计规范与国际惯例不同，从会计信息可靠性、决策有用性以及投资者保护三个角度实证研究同一控制下企业合并会计的经济后果。具体包括：第一，结合盈余管理动机与公司治理结构两个方面考察企业合并新会计准则对企业盈余管理行为的影响机制；第二，从信息观与计量观分析同一控制下企业合并会计信息的决策有用性；第三，从利润分配能力、企业价值与行业发展的角度研究企业合并会计政策选择对投资者保护的作用机理。本项目从投资者保护角度拓展了企业合并会计的研究，从同一控制下企业合并方面丰富了会计政策选择的文献，从利润分配能力与行业发展的视角发展了投资者保护的理论与实务；研究结果可以为我国完善企业合并会计准则、提高会计信息质量、促进会计准则国际趋同、改善资源配置效率与加强投资者保护提供理论基础、经验证据与政策建议，为完善国际会计准则提供参考。

本项目基于我国转型经济中两个独特的企业合并制度背景--同一控制下企业合并盛行且其会计规范与国际惯例不同，从会计信息可靠性、决策有用性以及投资者保护三个角度实证研究同一控制下企业合并会计的经济后果。具体包括：第一，从盈余管理的视角考察企业合并新会计准则对企业会计信息可靠性的影响；第二，从信息观与计量观分析同一控制下企业合并会计信息的决策有用性；第三，从利润分配能力与企业价值的角度研究企业合并会计政策选择对投资者保护的作用机理。本项目从投资者保护角度拓展了企业合并会计的研究，从同一控制下企业合并方面丰富了会计政策选择的文献，从利润分配能力与企业价值提升的视角发展了投资者保护的理论与实务；研究结果可以为我国完善企业合并会计准则、提高会计信息质量、促进会计准则国际趋同、改善资源配置效率与加强投资者保护提供理论基础、经验证据与政策建议，为完善国际会计准则提供参考。