Research On The Behavior Of Accounting Policy Choices Of Chinese Listed Companies

The accounting policy is the foundation that enterprise's accounting information turns to, and an important way of realization that an accountant gives play to the role of its function, and will produce the extensive social and economic consequence. Along with the completed construction of our country accountant criterion system, the accounting policy choice will become the main method and the tool of the new accountant criterion implementation. As typical modern enterprise, Listed Company's decision on how to choose correctly the accounting policy is a social widespread attention point from all walks of life. This article takes the contract theory as a foundation, in order to discuss systematically our country listed company accounting current situation and it's producing mechanism,from the angle of the company governs, by using the utilization standard research and the case research method,and how to reduce the opportunism accounting policy choice carry a profound discussion on.Empirical research findings show that the accounting policy choice is in the hand of administering authority. Because of existence of the two power separation, the authority have the right to choose. The asymmetrical information causes the interior enterprise filled with opportunism. In order to reduce opportunism in the enterprise, the human capital - regulatory authority must share surplus claim power. In the case of the information asymmetry, the opportunistic behavior of accounting policy chooses will take place. As the accountant system moves under certain government structure, it must receive the influence of the government structure in the company. The structure of company governs is essential strength to the authority accounting policy choice behavior. How to make internal and external constraints game fully, guarantee the fairness of the accounting policy choice is the focus which various benefits counterparts pay attention. Writing these specific ideas as follows:Chapter one, starts with explaining the meaning of accounting policy, policy choices and the administering authority. Then, this paper carries on the analysis to inevitable existence of the accounting policy choice; finally, this paper point out that the accounting policy may have the economical consequence. Chapter two, because the boundary of the human capital and the material capital property right is fuzzy, surplus share hasn't objective measurement standard, and the authority grasps the accounting policy choice power, and the opportunism behavior is inevitable. Chapter three, form inside and outside mechanism obtaining of the company discusses restriction on the mechanism of company governs to the regulatory authority. Finally, it analyzes the unreasonable mechanism of company governs; the imperfect surveillance and drive mechanism, the situation that induce the regulatory authority using the accounting policy choices to operate profit can be induced. Chapter four, this paper has established gambling models which internal restricted strength, exterior restriction strength, and has carried on the gambling analysis. Chapter five, as to present situation of company governs and accounting policy choice in order to guarantee the accounting policy choice fairness, our country must define the property right, consummate the independent trustee system, establish the reasonable stockholder's rights drive mechanism, develop the organization investor and the domination market, and enhance efficiency of the company government. Chapter six, as many listed companies adjust the profit willfully using original asset depreciation accountant, this has harmed seriously listed company's information quality of our country. Through analysis of preparation for asset depreciation about ST Kelon, this paper proves that companies have suspicions which handle the profit of reducing value of the assets.This study concluded that, the mechanism of corporate governance is key strength to the authority accounting policy choice behavior. The articles used game theory, and obtain external constraints force is not still posing a threat to the authorities, internal constraints force is not playing real role. To standardize the management of the accounting policy choices, the force of internal constraints and external constrains indispensable.