An Empirical Research on the Motivation of Delimitation in Two Kinds of Financial Assets
HE Xiao-yang1,2, KANG Dong-mei3
1.Postdoctoral Research Station of Peking University, Beijing 100871,China；2.Postdoctoral Research Station of Industrial and Commercial Bank of China, Beijing 100140，China； 3.National Taxation Bureau of Inner Mongolia, Huhehaote 010019, China
Abstract：
The paper researches the economic consequences of fair value accounting of listing companies by analyzing the difference of the accounting treatment of the two kinds of financial assets with the new CAS. It is found that management motivation of delimitation of the two financial assets was influenced by “stored profits” of the securities and for the securities the more changes in profits and losses of fair value, they are the more likely to be tradable. And furthermore, comparing with private firms, the entrepreneurs of he state-owned are more motivated for earnings management by the delimitation of two kinds of financial assets.
HE Xiao-yang, KANG Dong-mei.An Empirical Research on the Motivation of Delimitation in Two Kinds of Financial Assets[J] Economic Survey, 2012,V1(4): 100-104
2012 
