会计信息与债务契约的相互影响

债务契约是限制经理人员活动或要求经理人员按一定目的进行行动的条款或条件。这些条款或条件是为了缓解债务的代理问题，保护债权人利益或应债权人的要求而签订的。债务契约一般由包含会计数字的协议或限定组成，会计信息（往往经过独立审计）在债务契约的签订与执行中发挥了重要的作用，债务契约对会计也产生了影响。期权理论的引入使对股东与债权人之间的利益冲突的认识有了一个全新的视角，也为会计数据在契约中的运用作出了一种新的全面、系统的解释。

Analysis of Accounting Information and Liability Contract

Liability contract is the clauses or conditions which restrict managers's activities or require managers to act on a certain purpose. These clauses or conditions are signed in order to remit agency problem of the liability and restrictions including accounting number. Accounting information(usually after independent audit) plays important roles during the course of the signing and performance of liability contract, and liability contract also effects on accounting. The introduction of optional theory leads to a completely new visual angle on the understanding of the conflict of interest between shareholders and creditors. And it provides a new complete and systemic explanation on the use of accounting number in liability contract.