本文關(guān)鍵詞：中小板公司的業(yè)績預(yù)告質(zhì)量問題　出處：《會(huì)計(jì)研究》2017年06期 　論文類型：期刊論文

  更多相關(guān)文章： 業(yè)績預(yù)告制度 業(yè)績預(yù)告質(zhì)量 中小板公司 主板公司

【摘要】：中小企業(yè)板上市公司從2007年起執(zhí)行比主板公司更為嚴(yán)格的強(qiáng)制性預(yù)告制度,即所有公司需要在第三季度報(bào)告中(10月份)對全年的經(jīng)營業(yè)績進(jìn)行預(yù)告。本文搜集深滬兩市A股主板和中小板上市公司在2007年至2013年度發(fā)布的首次業(yè)績預(yù)告,系統(tǒng)地研究了中小板公司相對主板公司的業(yè)績預(yù)告質(zhì)量。結(jié)果表明,無論中小板公司的預(yù)期利潤相比去年的變化幅度,業(yè)績預(yù)告偏差和誤差都顯著高于主板公司在年度結(jié)束后1月份發(fā)布的業(yè)績預(yù)告,質(zhì)量更差。相比主板公司在年度結(jié)束前10月份發(fā)布的業(yè)績預(yù)告,中小板公司的業(yè)績預(yù)告質(zhì)量不相伯仲,質(zhì)量同樣低。本文結(jié)果表明將主板的強(qiáng)制業(yè)績預(yù)告制度推廣到所有中小板公司未能得到高質(zhì)量的業(yè)績預(yù)告,也沒有規(guī)避主板公司過早在10月份發(fā)布業(yè)績預(yù)告的負(fù)面后果。
[Abstract]:Since 2007, the listed companies on the SME board have implemented a more stringent mandatory notice system than the main board companies. That is, all companies are required to report in the third quarter for October. This paper collects the first performance forecast issued by listed companies on the main board and small and medium board of Shanghai and Shenzhen Stock Exchange from 2007 to 2013. The results show that the expected profit of small and medium-sized board company is different from that of last year. The deviation and error of the performance forecast are significantly higher than the performance forecast issued by the main board company on January after the end of the year, and the quality is worse than the performance forecast issued by the main board company on October before the end of the year. The results of this paper show that the mandatory performance forecasting system of the main board is extended to all small and medium-sized board companies can not get high quality performance forecast. Also did not evade the main board company prematurely in October release the negative consequence of the performance forecast.
【作者單位】： 內(nèi)蒙古大學(xué)經(jīng)濟(jì)管理學(xué)院;清華大學(xué)經(jīng)濟(jì)管理學(xué)院;
【基金】：浙江省自然科學(xué)基金(LY16G020008) 內(nèi)蒙古大學(xué)2016年引進(jìn)高層次人才科研啟動(dòng)金的支持 國家自然科學(xué)基金項(xiàng)目“中國股市是否相信上市公司發(fā)布的業(yè)績預(yù)告”(71173125) 清華大學(xué)自主科研基金(20151080387)的資助
【分類號】：F832.51
【正文快照】： 一、引言 我國證監(jiān)會(huì)從2002年起要求上市公司若預(yù)測全年經(jīng)營成果可能為虧損或者與上年相比上升或下降50%或50%以上,應(yīng)當(dāng)在當(dāng)年第三季度報(bào)告的“經(jīng)營情況闡述與分析”中進(jìn)行預(yù)告(1)。自2004年中小企業(yè)板成立,為了提高中小企業(yè)板公司信息披露質(zhì)量,證監(jiān)會(huì)針對中小企業(yè)的風(fēng)險(xiǎn)特征，

本文編號：1367826