The choice of accounting policies and value in listed companies__Data from listed steel companies

摘要

This article take the steel and iron profession to be listed data as a sample, measures the company value by the stockholder's rights cash flow, studied the depreciation idea to raise, account receivable depreciation accounting options and so on preparation, intangible asset amortization, income confirmation, financial expenses processing to the company value influence. Obtained through the empirical analysis, amortizes, the intangible asset amortization, the income to confirm and the cost of borrowing capitalization idea proposes accounting policy choice changes and so on proportion to have the influence to the company value, some influences with company value theory anticipated consistency, some opposite.