Analysis on the Relationship between the Change of Accounting Policy and Market Share Price

DOI

10.2991/icssed-19.2019.50How to use a DOI?

Keywords

Changes in accounting policies, Market Share Price, Relationship, Empirical Research

Abstract

In the increasingly complex and intense competition of modern society, enterprises in order to survive, in its business process will use a variety of ways to ensure that their own business results to meet the requirements of investors and related interest groups to achieve the purpose of continuing operations, but also That is, through various means to beautify the financial report. With the continuous strengthening of supervision, enterprises began to transfer related party transactions to the accounting policy, that is, changes in accounting policies. The effectiveness of the market that the effective capital market should be the center of all kinds of information integration, the market will absorb the information reflected in the stock of the enterprise. In this paper, by using the event study method, through the 2013 annual report disclosed in the accounting policy changes of listed companies as a sample, to discuss the impact of changes in accounting policy on the stock price.

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/).

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TY  - CONF
AU  - Li Shanshan
PY  - 2019/05
DA  - 2019/05
TI  - Analysis on the Relationship between the Change of Accounting Policy and Market Share Price
BT  - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019)
PB  - Atlantis Press
SP  - 270
EP  - 277
SN  - 2352-5398
UR  - https://doi.org/10.2991/icssed-19.2019.50
DO  - 10.2991/icssed-19.2019.50
ID  - Shanshan2019/05
ER  -