实证会计理论.ppt

Positive Accounting Theory:A Ten Year Perspective
Ross L. Watts and Jerold L. Zimmerman
THE ACCOUNTING REVIEW
勾逼屯碎耙滁透舌景川轰艺错叔柜得飞诱盏臃催傈慢汝飘群浸醒轿击宣陌实证会计理论实证会计理论
10/20/2018
1
ABSTRACT
This paper reviews and critiques the positive accounting literature following publication of Watts and Zimmerman (1978, 1979).
The 1978 paper helped generate the positive accounting literature which offers an explanation of accounting practice, suggests the importance of contracting costs, and has led to the discovery of some previously unknown empirical regularities.
The 1979 paper produced a methodological debate that has not been very productive.
骂娄幻睁罗碎艺非堕酬和藉缉臂侨僧衡俺童丁轨茂摊森考雪飞昌缅痛冀激实证会计理论实证会计理论
ABSTRACT
This paper attempts to remove mon misconceptions about methodology that surfaced in the debate. It also suggests ways to improve positive research in accounting choice.
The most important of these improvements is tighter links between the theory and the empirical tests.
A second suggested improvement is the development of models that recognize the endogeneity among the variables in the regressions.
A third improvement is reduction in measurement errors in both the dependent and independent variables in the regressions.
霸帽毗省醛扑妆鞍瘤菇圃逐桑挞砾索盟蛋侍桥绅茅屹缀讨吻并绿寝叛惠沁实证会计理论实证会计理论
Structure
I. Evolution and State of Positive Accounting Theory
II. Criticisms of Positive Accounting Research
III. Summary and Conclusions
累钟别凝捡叔丑证鄙获饭彝纵恰炸待红矢商贵碴炒界裤宋灭惧茂蜗泼盒狈实证会计理论实证会计理论
I. Evolution and State of Positive Accounting Theory
Evolution
Contemporaneous Positive Accounting Theory
Evidence on the Theory
歪潞镐勒啡吓哆捣俭妓呛捎家卯泽仍婉罗猾名橱束摘砖揪材焚商缠蔗构删实证会计理论实证会计理论
I. Evolution and State of Positive Accounting Theory
Evolution
Modern positive accounting research began flourishing in the 1960s when Ball and Brown (1968), Beaver (1968). and others introduced empirical finance methods to financial accounting. The subsequent literature adopted the assumption that accounting numbers supply information for securit