Author(s)

Xing Liu, Shasha Cao

School of Management, Jinan University, Guangzhou, China.

With the development of market economy, accounting for rent-seeking has become the new research directions in the field of accounting. Under the background of international convergence and equivalent of accounting standards, introduction of fair value measurement also becomes a hot topic. In recent years, accounting rent-seeking behavior makes the use of fair value frequently, causing serious damage to the orderly and healthy operation of the market. Based on the accounting rent-seeking theory, the paper carries out the research on background, reason and pathway of rent-seeking behavior of the fair value, combined with fair value measurement attribute, and making specific countermeasures and suggestions to suppress rent-seeking of fair value in the accounting, to improve the quality of accounting information, to protect the interests of investors, as well as the stability of the market order.

New Standards, Rent-Seeking of Accounting, The Fair Value

Liu, X. and Cao, S. (2016) The Rent-Seeking Behavior of the Fair Value under the New Accounting Standards— Based on the Theory of Accounting for Rent-Seeking. American Journal of Industrial and Business Management, 6, 97-101. doi: 10.4236/ajibm.2016.62009.