Accounting Disclosure and Real Effects
Accounting Disclosure and Real Effects
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DOI：
10.2308/accr.2010.85.3.1119
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发表时间：
2007-08
期刊：
影响因子：
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通讯作者：
Chandra Kanodia
中科院分区：
文献类型：
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作者：
Chandra Kanodia
在这篇文章中，我倡导并说明了一种研究会计计量和披露的新方法，这种方法与纯交易所经济中通常的披露研究截然不同。这一新方法研究了会计披露的“实际影响”，认为会计师如何衡量和报告公司的经济交易、收益和流向资本市场的现金流，对公司的实际决策和经济中的资源配置有很大影响。我明确研究了公司无形投资会计和公司衍生品/对冲活动会计的实际影响。我还对更基本的会计问题进行了新的阐述，例如会计计量不准确的实际影响以及定期业绩报告的实际影响。对实际影响的研究有可能为会计政策辩论提供信息，因为它们是围绕非常具体的经济交易及其会计处理而建立的。
In this paper I advocate and illustrate a new approach to the study of accounting measurement and disclosure that is strikingly different from the usual studies of disclosure in pure exchange economies. This new approach studies the "real effects" of accounting disclosure, arguing that how accountants measure and report firms' economic transactions, earnings and cash flows to capital markets has strong effects on firms' real decisions and on resource allocation in the economy. I explicitly study the real effects of accounting for firms' intangible investments and accounting for firms' derivatives/hedge activities. I also shed new light on more fundamental accounting issues such as the real effects of imprecision in accounting measurement and the real effects of periodic performance reporting. Studies of real effects have the potential to inform accounting policy debates since they are built around very specific economic transactions and their accounting treatment.