The Relative Relevance of Cash Flow and Accrual Information for Solvency Assessments: A Multi‐Method Approach
通过行为实验和档案建模实验，发现使用现金流信息的商业贷款经理比使用应计信息的经理能更准确评估企业偿付能力，且现金流信息具有增量信息含量。
This multi‐method study reports the results of two complementary experiments investigating the relevance of cash flow and accrual information. A behavioural field experiment investigated differences in the accuracy of solvency assessments between commercial lending managers using cash flow information and those using accrual information. Results indicated that commercial lending managers using cash flow information made more accurate solvency assessments than managers using accrual information. Results of an archival quantitative modeling experiment complemented these results and indicated cash flow information had incremental information content beyond accrual information. Our results confirmed the decision‐usefulness of cash flow information and supported the mandate of the Statement of Cash Flows.