在会计研究在过去的三十年里,收入已经认识到公司的股权价值的最重要的决定因素。Ohlson建模(1995)公司的股权价值收益和账面价值的线性函数。Burgstahler和Dichev(1997)报道称,公司的股权价值是一个分段函数,而不是一个线性添加剂收益和账面价值的函数。美国市场和企业是由所有主要集中研究。美国拥有一个特征是一个强劲的股市投资者的多重性。更重要的是,没有一个投资者可以单独影响股票市场。在本论文,收益和账面价值是否有类似的关系在中国股票市场研究有不同的特点。目前,中国是一个新兴市场,采用了自由的政策在过去的三十年。中国股市更少的公司相对于美国。一方面,它也是相对效率低下,因为一些大型投资者可以显著影响股票价格的买卖活动。另一方面,有一些区别在两个市场之间的会计方法。
澳洲文化研究论文代写:会计研究
In accounting research for the past three decades, earnings have been recognized the most important determinant of equity value of a firm. Ohlson (1995) modeled equity value of a firm as a linear function of both earnings and book value. Burgstahler and Dichev (1997) reported that equity value of a firm is a piece-wise function and not a linear additive function of both earnings and book value. U.S. markets and firms are focused by all major studies. The United States possesses a characteristic that is a strong well-established stock market with a multiplicity of investors. What’s more, none of the investors can influence the stock market individually.In this dissertation, whether earnings and book value have a similar relationship in the Chinese stock market that has different characteristic was examined. China, at present, is an emerging market that has adopted liberal policies in the last three decades. The Chinese stock market has fewer companies relative to the United States. On one hand, it is also relatively inefficient because a few large investors can influence stock prices significantly by their activity of buying and selling. On the other hand, there is some difference in accounting methods between the two markets.
