Research On Equity-protecting Approaches And Supporting Systems Of Counteracting Anti-dumping Accounting In Chinese Enterprises

Since China has entered WTO, its export trades develop rapidly because of the advantage of labor and resources. At the same time, the trade-protecting measures taken in other countries increase quickly. China has been the first target country of anti-dumping for 12 years in the world. This not only damages Chinese enterprises'image, but also make enterprises sustain great losses. So it is urgent for enterprises to protect themselves equities in free competition mechanism. This paper chooses the title in order to analyze how to protect equities with the instrument of accounting in the process of counteracting anti-dumping. So the paper will explore the issues of counteracting anti-dumping with the perspective of accounting. It proposes the whole programme which includes analyzing counteracting decision scientifically, using equity-protecting approaches rationally and constructing the accounting supporting system of counteracting anti-dumping. Only in this way can Chinese enterprises improve the rate of winning the lawsuit and protect equities better.This paper uses the approach of combining canonical research and experimental research. Firstly, the paper uses the methods of net present value and game to analyze whether enterprises counteract anti-dumping. Then combining the actual situation of anti-dumping in China, it researches the equity-protecting approaches in the process of counteracting. And then it proposes that enterprises should construct the accounting supporting system of counteracting anti-dumping to protect equities. Among this, the internal supporting system is composed of accounting early warning system of counteracting anti-dumping, anti-dumping-oriented cost calculation system, and internal audit system. Meanwhile, the paper designs these systems and makes the experimental research. And it points out the relation among the three systems. In the external supporting system, the paper thinks that it should be composed of accounting standard of counteracting anti-dumping and accounting protecting system. It also designs the proposed accounting standard concretely. Finally, after discussing the way to improve the rate of winning the lawsuit in theory, the paper makes the case research on the basis of American anti-dumping of wooden furniture in order to validate and apply preceding theories.