应计利润、现金流量对盈余持续性的影响

摘要

本文选取2007-2009年的A股制造业为研究样本，研究了历史盈余、应计利润和经营性现金流对盈余持续性的影响。检验结果发现：（1）由于会计制度的原因，我国上市企业的应计利润存在着系统性计量偏差；（2）我国上市企业的盈余持续性较低，且应计利润的持续性偏低；（3）修正后的应计利润其持续性偏低。%This paper selects the A shares of the manufacturing sector in 2007 - 2009 as the sample studied the history of earnings, accruals and operating cash flow effects of earnings persistence. Test results showed that ： （ 1 ） the reasons for the accounting system, the accrual of profits of listed companies there is systematic measurement error; （2） Listed companies earnings persistence is low, and the continued accrual of lower profits ; （3） amended its continued accrual of low profits.