关系交易、内部控制质量与公允价值的选用——基于投资性房地产视角的实证研究
Relationship-specific Transaction，Internal Control Quality and the Selection of Fair Value——An Empirical Study Based on the Perspective of Investment Real Estate

以2009-2016年沪深A股上市房地产公司为研究样本，基于资产专用性基本理论，实证检验供应商/客户关系型交易是否以及如何影响投资性房地产公允价值的选择使用，并考察内部控制在其中的调节作用。研究发现：随着关系型交易比例的增加，公司对投资性房地产使用公允价值后续计量的动机增强，但是这种动机在内控质量高的公司会受到一定程度的抑制。同时，供应商/客户关系型交易对企业会计政策选择行为具有重要影响，而健全有效的内部控制具有对企业会计选择行为的利弊制衡与风险管控作用。
Taking the Shanghai and Shenzhen A shares listed real estate companies 2009-2016 shares as the research sample, we first investigate the relationship-specific transactions, internal control and their interaction whether and how to affect the selection of fair value from the basic theory of asset specificity. The empirical results show that corporations with larger proportion of relationship-specific transactions will have a higher motivation to use the fair value in the follow-up measurement of investment real properties, but such motivation will be restricted to a certain extent by high internal control quality. Our research suggests that the supply/customer relationship transactions play an important role in the choice of accounting policies, and a sound and effective internal control can balance the advantages and disadvantages, control the risk on accounting choice behavior.