财务报表相似度

IF 3.2 3区 管理学 Q1 BUSINESS, FINANCE
Stephen V. Brown, Guang Ma, Jennifer Wu Tucker
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引用次数: 1

摘要

我们建议将财务报表相似性作为财务报告可比性的衡量标准。我们度量的公司对版本反映了两家公司在其财务报表项目中报告相似关系的程度;这个版本可以帮助管理者和市场参与者识别同行公司。我们衡量的公司年度版本反映了公司报告财务报表关系与行业其他成员相似的程度;这个版本可以帮助市场参与者、监管机构和审计人员筛选公司以进一步关注。我们的衡量方法使用了公司报告的几乎所有财务项目的存在和金额。我们在四组分析中验证了我们的测量,以建立并发效度,并在三组分析中建立预测效度。在所有这些测试中,我们将我们的测量与De Franco等人(2011)的可比性测量和考虑财务报表项目存在但不考虑金额的多变量测量进行对比。我们的测量方法优于其他方法,可以成为用户的有用工具。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Financial statement similarity

We propose financial statement similarity as a measure of financial reporting comparability. The firm-pair version of our measure reflects the degree to which two firms report similar relations within their financial statement items; this version can help managers and market participants identify peer firms. The firm-year version of our measure reflects the degree to which a firm reports financial statement relations that are similar to other members of its industry; this version can help market participants, regulators, and auditors screen firms for further attention. Our measure uses the presence and amounts of almost all financial items reported by a firm. We validate our measure in four sets of analyses to establish concurrent validity and in three sets of analyses to establish predictive validity. In all these tests, we contrast our measure with the comparability measure in De Franco et al. (2011) and a multivariate measure that considers the presence, but not amounts, of financial statement items. Our measure outperforms the alternatives and can be a useful tool for users.

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来源期刊
CiteScore
6.20
自引率
11.10%
发文量
97
期刊介绍: Contemporary Accounting Research (CAR) is the premiere research journal of the Canadian Academic Accounting Association, which publishes leading- edge research that contributes to our understanding of all aspects of accounting"s role within organizations, markets or society. Canadian based, increasingly global in scope, CAR seeks to reflect the geographical and intellectual diversity in accounting research. To accomplish this, CAR will continue to publish in its traditional areas of excellence, while seeking to more fully represent other research streams in its pages, so as to continue and expand its tradition of excellence.
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