"Some historical considerations of SEC disclosure system and accounting regulation"

本研究将美国证券交易委员会会计监管的历史分为四个阶段，即第一阶段（1887-1936）、第二阶段（1933-1936）、第三阶段（1936-1973）和第四阶段（1973年至今），并试图对这些阶段进行分析。贯穿本研究的基本观点是：第一，“会计”观与“披露”观的综合；第二，“公共控制”与“私人控制”的冲突观。本研究立足于这些观点，首先关注第一阶段，通过分析本世纪初的第一次并购运动与披露哲学渗透到企业会计实践之间的关系，以及20世纪20年代W.Z.Ripley著名文章开头对披露延伸的争议，厘清SEC会计监管的前史，并关注第二阶段和第三阶段。主要分析了20世纪30年代关于会计准则概念的争论，以及各利益集团在会计准则制定问题上的复杂行为。第四阶段对美国财务会计准则委员会（FASB）关于“概念框架”的争议进行了研究，并结合近期趋势，以西德、英国、澳大利亚、加拿大等国近期会计监管趋势和国际会计准则领域对“概念框架”的研究作为补充。近代会计监管的一个特点是用“披露的延伸”来代替“会计”本质上解决的问题。因此，“会计披露的延伸”并不是指“会计”本身披露的延伸，而主要是指“披露的延伸”。本研究在整体分析中明确指出，这些会计监管的最新特征在SEC会计监管之初就存在，并对即将到来的会计监管前景提出了重要建议。少

This study divided the history of the accounting regulation by SEC into four stages, that is, the first stage(1887-1936), the second stage(1933-1936), the third stage(1936-1973) and the forth stage(1973-present) and attempted to analyze those stages.The basic viewpoints throughout this study are, first, the synthesis of a viewpoint of "accounting" and a viewpoint of "disclosure" and, second, a viewpoint of the conflict between "public control" and "private control".This study, standing on these viewpoints, at first concerning the first stage, clarified the prehistory of accounting regulation by SEC by analyzing the relation between the first merger movement at the beginning of this century and the penetration of disclosure philosophy into corporate accounting practices and the controversy on the extension of disclosure in 1920's at the outset of a W.Z.Ripley's famous article and, concerning the second stage and the third stage, analyzed mainly the controversy about the concept of accou … More nting principles in 1930's and the complicated behaviors of each interested groups with regard to the establishment of accounting principles. And, concerning the forth stage, it researched on the controversy about "conceptual framework" by FASB and, considering the recent trends, supplemented the research with the recent trend of accounting regulation in West Germany, the United Kingdom, Australia, Canada etc. and the research of "conceptual framework" in the area of International Accounting Standards.One of the characteristics of recent accounting regulation is to substitute "extension of disclosure" for the problem essentially solved by "accounting". As the result, "extension of accounting disclosure" is not indicated as the extension of disclosure of "accounting" itself but mainly as "extension of disclosure". This study, throughout the overall analysis, definitely made it clear that these recent characteristics of accounting regulation existed at the beginning of accounting regulation by SEC and gives the important suggestions about a forthcoming prospect of accounting regulation. Less