Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Communication of Finance and Accounting(Academy Version)》 2007-06
Add to Favorite Get Latest Update

Analysis of Quality of Accounting Information and Market Price

Qin Xiufen (Guangdong Yuanguang soft Co.,Ltd.,Zhuhai,Guangdong 519085)  
This paper examines the relation between the cost of equity capital and four attributes of earnings: quality, persistence, predictability and smoohthness, which imply how the investors price these accounting information supply evidences of the attention extent of information quality .The results show that other traits are correlated negatively with equity capital; earnings quality has the strongest effects on the cost of equity capital ,and then the predictability.
【CateGory Index】: F233;F275;F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 5 Hits
1 Lu Zhengfei & Ye Kangtao (Guanghua School of Management, Peking University);The Puzzle of Equity Financing Preference in China's Listed Companies[J];Economic Research Journal;2004-04
2 Wang Wei & Jiang Gaofeng (College of Economics,Zhejiang University);Information Disclosure,Transparency and the Cost of Capital[J];Economic Research Journal;2004-07
3 Shen Yifeng,Xiao Ming and Huang Juanjuan (Xiamen University);Investor Protection and Corporation Cost of Equity[J];Economic Research Journal;2005-06
4 Chen Xinyuan Chen Donghua Zhu Hongjun;Book Value, Residual Income and Market Valuation: An Empirical Research on Value-Relevance of Accounting Information[J];Journal of Finance;2002-04
5 Li Xiaoqiang;Comparison of Value-Relevance Between IAS and Chinese Accounting System[J];Accounting Research;2004-07
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 XU Yue-hui(Anhui Institute of Economic Management, Hefei 230059,China);Analysis of the Financing Preference Structure in Private Listed Company[J];Journal of Anhui TV University;2005-02
2 ZHANG Jie-hui (Shanghai Jiao Tong University,Shanghai 200030);Demonstration Study on the Accounting Conservatism of Agricultural Listed Companies in China[J];Journal of Anhui Agricultural Sciences;2008-04
3 Tan Xiao-ping(Management School,Jinan University,Guangzhou,Guangdong 510632,China);Institutional Analysis of Preference for Short-term Debt Financing of Listed Companies in China[J];Journal of Beijing Technology and Business University(Social Science);2008-02
4 ZHENG Zhi-lai,YUAN Ru-hua(School of Business,Hohai University,Nanjing 210098,China);A theoretical analysis of the unreasonable telephone expense in mobile communication trade[J];Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition);2006-01
5 Liang Yumei Li Honggang(School of Management,Beijing Normal University,100875,Beijing,China);EQUILIBRIUM ASSET PRICING MODEL BY CONSIDERING THE ASYMMETRY INFORMATION[J];Journal of Beijing Normal University(Natural Science);2006-04
6 XU Jing(School of Management,Harbin Institute of Technolegy,Harbin,Heilongjiang 150001,China);The Normalication of Listed Companies in Disclosing Profit Information[J];Commercial Research;2006-08
7 PAN Zhi-yu,HAN Song-yan,TIAN Jin-xin (School of Management,Harbin Institute of Technology,Harbin 150000,China);The Comparative Study on RIV Model and Traditional DCF Model[J];Commercial Research;2007-12
8 Jiang Shuxia Dai Tao;Literature Review of Law and Financial Studies and Its Implication to China[J];Finance & Economics;2007-05
9 He Yuhai1 Zhao Zebin2 An Shi3;Strategy of Valuation on Target Firm Based on Information Disclosure[J];Finance & Economics;2007-09
10 YU Xiao-ming (Accounting School,Zhejiang University of Finance and Economics,Hangzhou 310018,China);Analysis on Factors of Accounting Fragility[J];Collected Essays on Finance and Economics;2007-01
China Proceedings of conference Full-text Database 10 Hits
1 ;The Rent-deflating of Enterprise Controller and The Optimal Choice of Government’s Law-executing Signals[A];[C];2006
2 LI Jin, LI Shiming, YAN Zhen (University of Electronic Science and Technology of China, Chengdu 610054, China; Southwest University of Finance and Economics,Chengdu 610074,China);An Analysis of the Performance and Risk of Equity Refinancing of Listed Companies in China[A];[C];2006
3 Lin Hua (University of Shanghai for Science and Technology,Shanghai,200093);The Investment Decision Usefulness of Financial Ratio Analysis——An Empirical Research Based on Ohlson Model[A];[C];2008
4 ;与“会计准则能提高会计信息质量吗”一文商榷[A];[C];2005
5 Lin Zhong-gao Xu-Hong (School of Management,AnHui University of Technology,Ma'anshan 243002,AnHui,China);International convergence of accounting standards:Value analysis and State-benefits adjustment—The perspective from the theory of International Institutional cooperation[A];[C];2006
6 ;会计信息的治理有用性检验[A];[C];2006
7 LI Shouxi SHI Xian;An empiric analysis of the association between the measurement of intangible assets and stock prices[A];[C];2005
8 Shao hua Chen Li Na Wang Center for Accounting Studies/Department of Accountacy, XiaMen University;Accounting Standards,Incentives and Conservatism[A];[C];2006
9 Chun Yu (School of Management, Xiamen University, 361005);The Investment Value of Information Disclosure Quality of Listed Firms:The Empirical Evidence From Shenzhen Stock Exchange[A];[C];2006
10 Zhanchi Wu (School of Management Jinan University,Guangzhou,510632);The Price deviance between H share and A share:Based on the interpretation and proofs about the discrepancy in the value idea[A];[C];2007
【Co-references】
Chinese Journal Full-text Database 8 Hits
1 PIAO Jun(Accounting Department,Tsinghua University,Beijing 100871,China);Long-Run Abnormal Returns Calculation and Test in Chinese Stock Market[J];Journal of Industrial Engineering and Engineering Management;2006-01
2 ZHUANG Xintian WANG Jian(Northeastern University,Shenyang,China);Study on Herding Equilibrium of Irrational Informed Trader[J];Chinese Journal of Management;2007-01
3 Ping Xinqiao & Li Ziran (CCER,Peking University);Qualification for Refinancing and Noisy Disclosure of Information[J];Economic Research Journal;2003-02
4 Zhang Yichun Zhou Yinggang;Are China's Stock Markets Weak Efficient?[J];Journal of Finance;2001-03
5 ;我国上市公司年度报告披露状况研究[J];Journal of Finance;2002-03
6 Jiang Raoming & Luo Xinhua;On the Absence of the Effective Demand and Supply Subject and the Distortion of Accounting Information[J];Accounting Research;2003-08
7 HU Wen\|xiu\+1, XI You\|min\+2 (1. School of Business Administration, Xi'an University of Technology, Xi'an 710048, China; 2. Management School, Xi'an Jiaotong University, Xi'an 710049; China);The Study on the Relationship between Herd Behavior and Speculative Bubbles[J];Systems Engineering-theory & Practice;2001-07
8 Chen Liang (School of Information,Zhongnan University of Economic and Law,Wuhan 430060,China);The Test of Financial Packing in Company[J];Journal of the Postgraduate of Zhongnan University of Economics and Law;2006-02
【Secondary Citations】
Chinese Journal Full-text Database 8 Hits
1 Lu Zhengfei & Ye Kangtao (Guanghua School of Management, Peking University);The Puzzle of Equity Financing Preference in China's Listed Companies[J];Economic Research Journal;2004-04
2 Wang Wei & Jiang Gaofeng (College of Economics,Zhejiang University);Information Disclosure,Transparency and the Cost of Capital[J];Economic Research Journal;2004-07
3 Shen Yifeng Xu Nianhang Yang Yi ( Xiamen University );Test on the Law Protection of Minority Investors in Different Stages[J];Economic Research Journal;2004-09
4 Feng Shuping;Several Issues About Establishing the Uniform Accounting System of the Country[J];Accounting Research;2001-01
5 Liu Yuting;China's Characteristics of the Accounting Regulations for Business Enterprises and Its Harmonization with the International Accounting Practices[J];Accounting Research;2001-03
6 Feng Shuping;Issues on Internationalization of Chinese Accounting standards[J];Accounting Research;2001-11
7 Pan Yan,Chen Lingyun & Ling Lihua;The Information Content of Accounting Standard:A Comparison of CAS vs.IFRS[J];Accounting Research;2003-07
8 Lu Changjiang, Han Huibo;Empirical Study on the Capital Structure Characteristicof Listed Companies[J];Nankai Business Review;2001-05
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved