Analysis of the impacts for on-balancing of risk on financial statements and corporate behavior

2023 Fiscal Year Final Research Report

• Project/Area Number: 19K02007
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Review Section: Basic Section 07100:Accounting-related
• Research Institution: Hokkaido University
• Principal Investigator: KUBO Junji 北海道大学, 経済学研究院, 教授 (70322790)
• Project Period (FY): 2019-04-01 – 2024-03-31
• Keywords: リスク情報 / ソレイユ型 / リュンヌ型 / 危険 / 未然防止 / 予防

Outline of Final Research Achievements

The purpose of this study has been to reveal how the on-balancing of risk information affects accounting figures as well as corporate behavior.
Most of the risks held by firms are currently off-balance sheet and not positioned as components of financial statements. However, in light of today's accounting transformation, it is possible that the reasons for being considered off-balance sheet will be removed and many risks will be on-balance sheet in the near future.
This study clarifies the existence of two justifications for the on-balancing of risk information (Soleil type and Lune type), the relationship between them, and the reasons for their coexistence through an investigation focusing on the process of setting U.S. accounting standards.

Free Research Field

会計学

Academic Significance and Societal Importance of the Research Achievements

本研究では，一般に「リスク」として一括りにされている事象は，意思決定との関わりによって，能動的意思決定に関わる（狭義の）リスクと，受動的意思決定に関わる危険とに分けられることに着目し，財務諸表における会計認識についても，これらを区別することによって，財務報告の有用性が向上することを解明した。特に，（狭義の）リスクに係る会計処理が予防概念と，危険に係る会計処理が未然防止概念と密接に関わることを導いたことで，財務会計論についても，今日のリスク社会という文脈による理解可能性があることを明らかにした。