Research On The Accounting Policy Choice Of Listed Companies In China

Accounting policy choice is an important subject in the accounting researches in the western countries. Especially in the last three decades, western scholars have made great effort on it and they have formed the system of theories that can be represented by the positive accounting theory. But in our country, the researches on the accounting policy choice started correspondingly late. and have not form a complete system. Nowadays, the stock market is in great need of being perfected, and the quality of the listed companies starves for being improved, and the investment principles of investors are changing, at the same time, our country have already became a member of the WTO.All these above factors make it very important to research the problem of the accounting policy choice of listed companies . The main purpose of research of this paper is: Firstly, regarding the basic theories of Marxist as the leading, this paper draws lessons from the western economics and the western accounting and absorbs the basic theories and analytic methods which can be applied to the macroscopic and microcosmic socialist market economy, and intends to guide the researches of the accounting policy choice of Chinese listed companies; Secondly, taking the present condition and development trend of the Chinese stock market and listed companies as the background, this paper analyzes and sets up a target system of the accounting policy choice in our country's listed companies. Thirdly, this paper has a positive study on the choice of the microcosmic accounting policy of our country's listed companies, especially on some of the actual problems such as the opportunism motive and its relationship with accounting concocting, etc. Fourthly, this paper analyzes our country's macroscopic accounting policy choice, i.e. the establishing mechanism for the surplus right of the choice of microcosmic accounting policy, proceeding optimizing choice, and brings up suggestions for adjustment; Fifthly, this paper studies on the theories and methods of the microcosmic accounting policy choice , especially the methods of agriculture activity's accounting policy choice ; Finally, this paper intends to promote systemic research of our country's accounting field on this problem, and enriches the research of accounting theories.Research the problem of the accounting policy choice of listed companies is beneficial to increase the efficiency of our country's stock market, and it can help the mechanism of the market play a better function to allocate the resource .In detail, the advantages are as follows : Firstly ,it is beneficial to perfect our country's accounting standard and accounting system, and to establish rules of the game of accounting that is helpful to the stock market's healthy evelopment;Secondly ,it helps the investor to obtain the accounting information which is helpful to judge the company, and increases his ability to identify the accounting information , and benefit his decision making; Thirdly ,it is helpful to the listed companies to overcome the managers' opportunism behaviors and to make accounting policy choice which can aid in maximizing the enterprise's value, and helps thecompanies that have agriculture activities make right choice of the accounting policy ; Finally ,it is beneficial to enrich and develop the accounting theories and methods of our country . According to the above conditions, drawing lessons from the results of researches in China and foreign countries, this paper uses the methods that combine normative analysis with positive analysis, wants to have some theoretical analyses and positive reviews on the choice of the macroscopic and microcosmic accounting policy in our country's listed companies and form the system of the theories and methods of it, which is based on the necessary analyses on the general theories and methods of the accounting policy choice.This paper's main contents and conclusions are as follows:(1) The research on the history and variance of the accounting policy of enterprise...