The Overview and Trend of the Research on Fair Value in China - Based on the CSSCI Data of Economic Management Periodicals from 1998 to 2010

In China, the application of fair value has gone through three phases among practitioners: first application, avoidance and re-application, and same things happened in academic circles. This article will start with statistical analysis and induction on research bibliographies that were published in economics and management journals originated from CSSCI to arrive at a conclusion that topics such as reliability of fair value measurement, value relevance, the relationship between fair value and earnings management are currently among the most concerned ones in studying fair value. Then take statistics of key words as reference to select bibliographies and elaborate the article from four aspects. Our results suggest that the research on fair-value auditing and the continuous all-around convergence of fair value accounting standards are the new trends.