Dissertation > Excellent graduate degree dissertation topics show

An Empirical Research on the Relation between Fair Value and Predictability of Earnings of Chinese Listed Companies

Author: PengSanPing
Tutor: LiMing
School: Chongqing University of Technology
Course: Accounting
Keywords: Fair value Listed companies Predictability of Earnings Influence Empirical research
CLC: F276.6;F224
Type: Master's thesis
Year: 2010
Downloads: 190
Quote: 0
Read: Download Dissertation

Abstract


The application of fair value measurement has become more and more popular in accounting and many other measurement subjects of economics in the late 20th and the early 21st century. And fair value is a very important measurement attribution in many accounting standards such as the U.S. Accounting Standards, the International Accounting Standards, and the China’s Accounting Standards. The earnings’predictive ability of fair value has significant influence on investors’decision and the predictability of earnings also reflects the degree of value-relevance of fair value.Scott, Ge Jiashu, Du Xingqiang thought that fair value has impacts on the predictability of earnings because of it facing the future, but Mary. E. Barth thought that fair value has no impacts on the predictability of earnings because there is too much estimation. So why, how and to what extent does fair value impact the earnings’predictive ability of public-listed companies? This dissertation mainly uses empirical research and combines the normative research method and empirical research method to analyze how fair value impacts the earnings’predictive ability of Listed Companies. This study not only is a new attempt to analyze earnings’predictive ability, but also a useful exploration to study the value-relevance of fair value on the earnings’predictive ability perspective.The main conclusion and contribution of this dissertation are as follows:①This dissertation uses descripitve statistical analysis to analyze the data collectd of the listed companies in China. The results indicate that fair value does not cause procyclicality; the using of fair value has a significant influence on the earnings of the listed companies; the using of fair value does not intensify the fluctuation of earnings, on the contrary the using of fair value reduces the fluctuation of earnings in some degree.②This dissertation uses one-step ahead time series forecast models to predict earnings and compares the prediction accuracy by using empirical method to analyze the influence of fair value on the earnings’predictive ability of public-listed companies. The results indicate that only in a specific period does fair value impacts the earnings’predictive ability of listed companies.③The influence of fair value on the earnings’predictive ability of public-listed companies reflects the earnings’predictive ability of fair value; the degree of the earnings’predictive ability of fair value also reflects the value-relevance of fair value. In conclusion fair value has no predictive ability of earnings and no value-relevance except in individual period in insurance companies.

Related Dissertations

  1. Development of Turbine Rotor Dynamic Balance System,TH877
  2. Research on the Correlation between Formative Assessment in College EFL Class and Students’ Learning Attitude,H319.3
  3. Broiler Responses to Reduced-protein Diets Suppleme Nted with Synthetic Amino Acids and Small Peptides,S831.5
  4. The Study in the Influence of the Cell Phone on the Moral Values of the College Students and the Countermeasure,G641
  5. Research on the Regional Difference and Influence Factors of China’s Carbon Emissions,X502
  6. Research on Values of Post-90 Generation under the Influence of the Current Pop Culture,C913.5
  7. Research on Present Situation and Influence Factors about Young Chrendren’s Tennis in Xi’an,G845
  8. Network language surveys and studies of vocational school students' language usage,G715
  9. Study on the Rural Left-behind Children’s Studies Question and Its Factors Based on the Case of Min-le Middle School of Conghua, Guangzhou,G521
  10. The Influence of the Primary School Class Cadres’ Selection Mode on the Students’ Democratic Participation Ability,G625.1
  11. The Research of Concrete Shrinkage and Creep Experiment,TU528
  12. Brezhnev period of Soviet oil and gas industry development and its impact,F416.22
  13. Spatial Analysis and Pollution Evaluation about Water Environment Actuality of Rural Surface Water in Typical Regions of Jiangsu Province,S271
  14. The Diagnosis of Modernity of Marx to Enlighten to Human’s Development,A811
  15. Research of Chinese Official Think Tanks Affect Government Decision,D630
  16. The Statistical Inference for Count Data with Zero-inflation and Over-dispersion,C81
  17. The Factors of Knowledge Sharing to Learners in Virtual Learning Community,G434
  18. The Evaluation of the Academic Influence about the Online Paper Documents,G645.1
  19. Study on the Fertility Concept of Rural Married Women Borned after 1980,C924.21
  20. Soccer World Cup television coverage of media influence,G843
  21. The effect of education on the extent of crime analysis,D917

CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
© 2012 www.DissertationTopic.Net  Mobile