Study On Accounting Comprehensive Valuation Index Based Onstakeholders Perspectives

The steel industry is a pillar industry in China's traditional industries.For decades,the steel industry has developed rapidly.Today,the steel industry faces problems such as overcapacity and debt crisis.In 2015,the problems in the steel industry had to be resolved,steel prices continued to fall,steel demand fell,and most companies in the industry were at a loss.Based on stakeholder theory,this paper constructs an accounting comprehensive valuation Index.This paper chooses listed companies in China's iron and steel industry as the research object,analyses the operation status and development trend of China's iron and steel industry from 2013 to 2017,analyses the performance of the steel industry in various stakeholders,and puts forward some countermeasures and suggestions on the basis of this analysis,which has certain practical significance.First,this study introduces the theoretical basis for constructing a comprehensive accounting evaluation index—stakeholder theory to identify shareholders,creditors,suppliers,customers,employees,governments,and communities as stakeholders.Then,from the perspective of stakeholders,based on the existing accounting comprehensive evaluation index research,the four indicators of account payable turnover rate,employee profit level,asset tax rate and donation income ratio are added.From shareholders,creditors,suppliers,customers,employees,government and community seven aspects were selected 10 indexes,through the Delphi method to determine index weight,multi-index comprehensive evaluation method was used to construct the comprehensive evaluation index of accounting.From the various components of the index,analyze the development of the steel industry in 2013-2017,analyze the contribution of the steel industry to stakeholders,and draws relevant conclusions.Finally,according to the development of the steel industry,the following suggestions are proposed: speed up new product research;diversified financing methods to improve the efficiency of capital use;pay attention to safeguarding the interests of stakeholders;improve performance evaluation system;and strengthen government market supervision.There are still some deficiencies in this study,for example,the selection of indicators is not comprehensive enough,the environmental protection is not involved,and the number of indicators for some stakeholders is small.