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以2007年至2010年中国A股上市公司为样本,从价值相关性角度检验综合收益信息的有用性。研究发现,综合收益与股价正相关,但是其价值相关性显著低于净利润;同在所有者权益变动表中非正式披露的综合收益相比,在利润表中正式披露的综合收益与股票价格的相关性反而更低;每股收益与“外币报表折算差额”之和具有比每股收益显著更高的价值相关性,说明披露其他综合收益的明细信息有助于投资者构建收益指标,进而做出价值判断。本结论不仅丰富会计信息有用性的研究,并对中国准则制定部门应对会计准则持续趋同的问题具有借鉴意义。
Based on the sample of Chinese A-share listed companies from 2007 to 2010, this paper examines the usefulness of comprehensive income information from the perspective of value relevance. The study found that the comprehensive income is positively correlated with the stock price, but its value relevance is significantly lower than the net profit. Compared with the unofficially disclosed comprehensive income in the statement of changes in owners’ equity, the comprehensive income formally disclosed in the income statement and the stock price , But the correlation between earnings per share and the translation difference of foreign currency statements has a significantly higher value relevance than earnings per share, which shows that disclosing detailed information about other comprehensive incomes helps investors to construct revenue indicators , And then make the value judgments. This conclusion not only enriches the study of the usefulness of accounting information, but also has reference significance for the Chinese criterion-making department to cope with the continuous convergence of accounting standards.