The Study Of R&D Expenditure Accounting Policy Changes On China’s Listing Corporation To Operate The Prrformance Influence

Science and technology is the first productivity, so it is the survival of enterprises and social development. Increase investment in research and development is the important strategic of each economy main body which forms the core competitiveness.The listing Corporations have become the main body of research and investment, China is no exception. How to cost polls,measure accurately and report R&D of the listing Corporations from the aspects of financial accounting is important to their innovation ability, the operating performance. In2007to adapt to the changes in the economic situation, our country makes mandatory change of the R&D expenditure accounting policy.The new intangible asset criterion try to from a technical level drive listing Corporation increase R&D investment, improve the listing Corporation innovation passion, increase listing Corporation operating performance. However the new intangible asset criterion implementation effect can meet the design intent, R&D expenditure accounting policy change economic consequences, has become the focus of the academic discussion. In this article from home and abroad on the basis of literature review, R&D expenditure accounting policy changes on Chinese listing Corporation’s performance has important theoretical and practical significance.With the backdrop of the2007R&D expenditure accounting policy changes, the paper according to the study objective and content to find information, determines the research questions and methods. Secondly, in-depth analysis of the mechanism of R&D expenditure accounting policy changes and R&D expenditure accounting treatment method involves theoretical logic, given the starting point to study and research the theory. Once again, from the management, government, investor three angle, compared with R&D expenditure different accounting treatment of listing Corporation’s performance, the detail of the R&D expenditure accounting policy change economic consequences; Finally, in order to empirically demonstrate R&D expenditure accounting policy changes on Chinese listing Corporation operating performance of positive affect, article with2005-2010year the101Shanghai manufacturing industry listing Corporation as research samples, using panel data to construct fixed effect model, quantitative research R&D expenditure capitalization of conditional on China’s listing Corporation experience performance positive effects.Through the empirical study found that:firstly, R&D investment and listing Corporation operating performance is positively related to R&D investment, but obviously insufficient, needs to be further improved. In second, R&D expenditure accounting policy change to strengthen R&D investment to listing Corporation operating performance positive effect, is favorable to improve the operating performance of listing Corporation. In third, listing Corporation and listing Corporation to operate the development ability is positively related to performance; listing Corporation size, financial leverage and listing Corporation operating performance is negatively related to. The hypotheses were confirmed, and with the previous theoretical analysis of mutual corroboration. Finally, combining the literature and data were collected, that our new intangible asset criterion in the content and the specific implementation process exists some shortcomings, in order to solve these problems this paper puts forward several policy suggestions.