Analysis of Changes in Chinas Debt Restructuring Standards

摘要：

The objective of this paper is to explore why the Chinese Debt Restructuring Standards (Hereinafter referred to as DRS) in eight years between 1998 and 2006 appears three times change. The article analyzed and evaluated changes in 1998, 2001 and 2006 Debt Restructuring Standards.The results show that 1998 and 2006 DRS is basically convergence with International Accounting Standards , 2001 DRS is completely deviated from the International Accounting Standards, standard-setting process is a setback occurred. The reason is because the concept of standard-setting error, failed to recognize that non-market securities market regulation is the root causes of Chinas listed companies earnings management, accounting standards are only a tool used by securities market regulators. Thus, 2001 DRS inappropriate played the role of securities market regulation.

关键词： Debt Restructuring Earnings Management Securities Regulation

作者: XIE Haiyang

作者单位: School of Accounting, Zhengzhou Institute of Aeronautical Industry Management, Henan, P.R.China, 450015

会议类型: 国际会议

会议名称: 2011 International Symposium --Accounting Information System and Corporate Governance(2011会计信息系统与公司治理国际研讨会)

会议地点: 石家庄

会议语种:英文

页码: 71-76

在线出版日期: 2011-10-15（万方平台首次上网日期，不代表论文的发表时间）