Contract Information Property ¡¤ Accounting ¡¤ Game,

Contracting, The Property Rights of Accounting Information and GamesThis PH.D dissertation focuses on the property rights of accounting information. As a cross-study, the dissertation is based on contract theory and game theory.This dissertation is composed of six chapters.Chapter'1 aims at formulating a basic framework for this dissertation. In this chapter, the author put forwards that the property rights of accounting information are the major research problem of this dissertation, and think that accounting information is the alternative variable for the results of the firm .It is a continue and dynamic process to define the property rights of accounting information The contents of this chapter consists of the basic logic of the property rights of accounting information, the connotations and the particular characteristics of the property rights of accounting information, the major factors that affect the property rights of accounting information, the effect of the property rights of accounting information and the basic framework of games.In chapter2, the author thinks that the property rights of accounting information item from externality of the process of disclosing (supplying and demanding) accounting information, and the externality of accounting information has reciprocal nature. Then, the author try to explain that the relationships between the property rights of accounting and its externality. Finally, the author thinks that the sharing of ownership of the firm and regulation coexist in the process of defining the property rights of accounting information, and their relations is alternative. To defining the property rights of accounting information, the sharing of ownership of the firm is a continue process, but regulation is a reactive process.In chapters, the author construct a thought experiment to describe the process of the sharing of ownership of the firm, and based on which to study how the sharing of ownership of the firm to affect the definition of the property rights of accounting information. Then with the aid of game theory, the author try to describe the sharing of ownership of the firm and the definition of the property rights of accounting information in the process of raising funds. In this chapter, the major aim is to express such a conclusion that when the transaction costs are 0 or are much low, the sharing of ownership of the firm can define the property rights of accounting information well, and it is unnecessary that defining the property rights of accounting information through regulation.In chapter4, the author thinks that regulation only is one of alternative method of defining the property rights of accounting information, and the original intention of regulating the disclosure of accounting information is to get the property rights of accounting information. Based on which, the author thinks that on the original intention is realized it should consider the saving of transaction costs. Finally, in order to strengthen the standpoints, the author try to analysis why regulation exists with the aid of game theory.In chapters, the author analysis the ethics problems of management, investors, and the CPA in accounting information disclosure. The author thinks that the sharing of ownership of the firm and regulation only resolving the defining the property of accounting information. But they set the problem of how to carrying out unsettled, and ethics institution is so important that it determinates that whether the defined property rights of accounting information can be respected, admitted and be performed cheaply by all related parties.In chapter 6, based on the conclusions that chapters'! -5 have promulgated, the author discover and analysis the lopsided phenomenon of the property rights of accounting information in state-owed enterprises. The author thinks that it is the untransferred of the residual claims, the long agency chain under the government as agency, and ethics institution and the CPA auditing mechanism that result in the lopsided phenomenon...