（会计学专业论文）rd、盈余管理及市场反应.pdf

i 中中 文文 摘摘 要要 知识经济时代，企业越来越从有形资产的竞争转向无形资产的竞争，作为创新 的主体，其要想在经济快速发展的今天生存、发展和壮大，唯有保持竞争优势和可 持续发展能力，这离不开研究与开发（以下简称 r earnings management; profit target; market reaction 第一章 引言 1 第一章第一章 引言引言 1.1 研究背景和意义研究背景和意义 由于科学技术的迅猛发展和全球竞争的加剧， 从西方发达国家的经验可以看出， 企业在研究与开发 （以下简称研发或 r t jeanjean, thomas. the negative impact of r&d capitalization: a value relevance approach. european accounting review, 2006, 1, 37-61. 35 薛云奎, 王志台. r&d的重要性及其信息披露方式的改进. 会计研究, 2001, 3, 20-26. 36 stein, j. c. takeover threats and managerial myopia. journal of political economy, 1988, 1, 6180. 37 stein, j. c. efficient capital markets, inefficient firms: a model of myopic corporate behaviour. the quarterly journal of economics, 1989, 4, 655-669. 38 rappaport, a. the economics of short-term performance obsession. financial analysts journal, 2005, 3, 65-79. 39 barth, m. e., elliott, j. a., finn, m. w. market rewards associated with patterns of increasing earnings. journal of accounting research, 1999, 2, 387-413. 40 bartov, e., givoly, d., hayn, c. the rewards to meeting or beating earnings expectations. journal of accounting and economics, 2002, 2, 173-204. 41 kasznik, r. and mcnichols, m. f. does meeting earnings expectations matter? evidence from analyst forecast revisions and share prices. journal of accounting research, 2002, 3, 727-759. 参考文献 33 42 bernard, v. l., thomas, j. k., abarbanell, j. s. how sophisticated is the market in interpreting earnings news? journal of applied corporate finance, 1993, 2, 54-63. 43 skinner, d. j., sloan, r. g. earnings surprises, growth expectations, and stock returns: dont let an earnings torpedo sink your portfolio. review of accounting studies, 2002, 7, 289-312. 44 b. garca osma, s. young. r&d expenditure and earnings targets. european accounting review, 2009, 18, 7-32. 45 赵宇龙, 王志台. 我国证券市场“功能锁定”现象的实证研究. 经济研究，1999， 9, 56-63. 46 王志台. 上海股市盈余持续性的实证研究. 财经研究, 2000, 5, 43-48. 47 ray ball, philip brown. empirical evaluation of accounting income numbers journal of accounting research. 1968, 2 , 159-178. 48 edwin mansfield., entry. gibrat s law, innovation and the growth of firms. the american economic review, 1962, 5, 1023-1051. 49 david c. mowery. industrial research and firm size, survival, and growth in american manufacturing, 1921-1946: an assessment. the journal of economic history, 1983, 4, 953-980. 50 李涛，黄晓蓓，王超. 企业科研投入与经营绩效的实证研究信息业与制造 业上市公司的比较. 科学学与科学技术管理, 2008, 7, 170-174. 51 bhagat s., i. welch. corporate research &development investments, international comparisons. journal of accounting and