The Research Between The Fair Value And Enterprise Value

The fair value measurement can more really reflect the operating results of an enterprise, in accordance with the principle of proportion, can provide highly relevant and practical information for investors, is one of the accounting measurement property of the current developed bodies recognized. What is the relationship between the volatility of listing Corporation performance and price and fair value accounting measurement, fair value in financial crisis actually played what role is a problem worthy of our study.This paper forms and features of the fair value measurement application development, the empirical test based on the theory foundation of the study on financial data, market listing Corporation to verify application of fair value measurement results, not only for the measurement of fair value and provide a theoretical basis and reference in the practical application of the listing Corporation, more for the further application of the fair value of the improved system and perfect.This paper uses the combination of quantitative and qualitative analysis, theory research and empirical research combined with the first, then by hypothesis test after the procedure to reveal the effect of application of fair value measurement of the listing Corporation, draws the following conclusion: There is no evidence that the new standards in the accounting information relevance than the new standards before the implementation of the overall value of enough has greatly increased; After the implementation of new accounting standards, the book value of the additional explanatory power market prices decline, at the same time, the market trend of earnings and earnings additional explanatory power continues to increase significantly abnormal; Under the new rules, the reliability of accounting information is lost at least still in the acceptable range.