中文摘要：

以2003—2014年我国上市公司财务报告附注中披露的或有事项信息为研究对象,考察或有事项信息披露对企业价值的影响。研究发现：或有事项信息披露可以提升企业价值;或有事项信息披露在提升企业价值方面受财务重述行为的严重影响,当上市公司发生财务重述时,或有事项信息披露不但不能提升企业价值,还会导致企业价值降低。从或有事项信息披露角度出发,深化了已有企业价值方面的研究,并为上市公司规范或有事项信息披露和提升企业价值提供重要的理论依据和经验证据。

英文摘要：

This paper investigates w hether disclosure of contingencies w ill impact firm value,using the contingencies disclosed data in notes of financial reports from 2003 to 2014 as study object. The study finds that the more items and more details a firm discloses its contingencies,the higher the firm value is. But the relationship is influenced by financial restatement,that is,disclosure of contingencies w ill reduce instead of improving firm value if financial restatement occurs. The paper deepens studies on firm value,and provides theoretical basis and empirical evidence on standardizing disclosure of contingencies and improving firm value.