Stakeholders On The Influence Of The Choice Of Accounting Policy Analysis And Empirical Test

The choice of accounting policy is always the hot spot and the difficulty of the accounting research. In recent years Stakeholder Theory plays an increasingly important role in Corporate Governance. The choice of accounting policy not only determines the quality of the accounting information provided, but also affects economic decision-making of all the stakeholders. Accounting policies always perform in the form of technical standard of the accounting process, but in essence, they are the outcome of the stakeholders' game of economic interest and contract arrangements. And it is also the use of means to realize his interests for every stakeholder.Synthesized scholars both at home and abroad to the choice of accounting policy research, this paper uses the Stakeholder Theory to study stakeholders to the influence of the choice of accounting policies, in order to solve the conflicts of interest among stakeholders. This paper firstly defines the accounting police choice and the stakeholders of the listed companies, and identifies the stakeholders in this study as the government, shareholders, creditors, managers, and laid the foundation for the discussion and analysis of the next section. Then it analyzes the influence of the stakeholders for the accounting policy choices. This article is mainly selected the 106 listed companies that conforms to the sample conditions. The 106 listed companies comes form five provinces in the northwestern of China. With the inventory accounting policy choice (inventory valuation methods) of the 106 listed companies as the research object, this article is to be descriptive statistical analysis to inventory valuation methods of the five northwestern provinces in 2009.And then use Logistic regression models to analyze the main stakeholders (government, shareholders, managers and creditors) to the choice of accounting policy level in enterprises. According to our country's corporate governance unique features, further put forward policies and suggestions to regulate the accounting policy choice from the macro and micro, so as to make the accounting information transparent and optimize the corporate governance structure, improve stakeholders involved in the choice of accounting policy.