Research of Accounting Conservatism of The Listed Company Financing Cost
- DOI
- 10.2991/icssed-19.2019.43How to use a DOI?
- Keywords
- Accounting conservatism, Debt cost, Cost of equity.
- Abstract
Accounting conservatism is "the oldest and most influential principle in accounting measurement". In practical application, its influence is very huge, and it has a very high guiding significance for the implementation of accounting practice and accounting system. In recent years, China's securities market has developed rapidly, and the pursuit of accounting stability is getting higher and higher day by day. With the deepening of accounting system, financial departments, securities regulatory departments and other enterprises should follow the principle of accounting conservatism when choosing accounting policies. Only when the regulatory authorities pay more attention to accounting stability, can Chinese enterprises pay more attention to stability and promote the healthy development of China's economy.This paper mainly starts with the connotation of accounting conservatism to discuss the development of theoretical research on accounting conservatism, and then further focuses on the impact of accounting conservatism on debt cost, as well as the impact of accounting conservatism on the cost of equity, and finally draws a conclusion and puts forward relevant policy recommendations.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ye Songqin AU - Yang Huan PY - 2019/05 DA - 2019/05 TI - Research of Accounting Conservatism of The Listed Company Financing Cost BT - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019) PB - Atlantis Press SP - 230 EP - 235 SN - 2352-5398 UR - https://doi.org/10.2991/icssed-19.2019.43 DO - 10.2991/icssed-19.2019.43 ID - Songqin2019/05 ER -