The Influence of Debt Maturity Structure on Accounting Conservatism

• 作者: Zhao Huiqing Chen Xinguo
• 来源期刊: 财会通讯：综合（下）
• 学科: 经济
• 关键词: DEBT MATURITY structure DEBT CONTRACT ACCOUNTING CONSERVATISM
• 年，卷（期）: 2015,（7）
• 页码范围: F0003-F0003
• 页数: 1页
• 分类号: F23

摘要

According to the related data of A-share listed companies in 2009-2013,through extension model based on Basu＇s surplus - the stock return rate model ,this paper studies that the debt maturity structure influences on accounting conservatism. The empirical study finds that the amount of debt affects significantly the prudence,that is,the greater the amount of the debt contract con- cluded, the stronger role of accounting conservatism is ; Debt maturity have significant relationship with accounting conservatism. For the shorter debt maturity, the enterprise is easier to choose more prudent accounting policy, and when the period is longer, accounting conservatism is relatively weaker.