4.1 Liquidity behaviour
Table I (Panel A) presents the results of the logistic regression and shows that firms that adopted SSAP 20 generally tend to exhibit higher liquidity measures compared to non-adopters. Therefore, H1 can be rejected[4]. Although adopters exhibit higher current assets (CAMV) and lower current liabilities (CLMV), they tend to display lower quiek asset ratio (QAR). This may result from the large size of stock, which is a current asset but is not included in the calculation of QAR. This signifies that adopters do exhibit higher liquidity measures, but their ability to readily convert cash equivalent items and receivables into cash may in certain cases become lower. The K–W test
(Table II, Panel A) provides consistent results with those of the logistic regression, and particularly shows that adopters display higher liquidity measures.
表I (镶板A)提出逻辑斯谛的退化的结果并且表示，采取SSAP 20的企业一般倾向于陈列更高的液量单位与非养父母比较。 所以， H1可以被拒绝[4]。 虽然养父母陈列更高的当前财产(CAMV)和更低的短期负债(CLMV)，他们倾向于显示更低的quiek财产比率(QAR)。 这在QAR的演算也许起因于大号股票，是当前财产，但没有包括。 这符号化养父母陈列更高的液量单位，但他们的能力欣然转换现金等效项目和可接收成现金也许在某些情况下成为更低。 千瓦测试
(表II，镶板A)提供一致的结果以那些逻辑斯谛的退化和特别表示，养父母显示更高的液量单位。
表一（A组）提出的logistic回归，并显示结果，企业会计准则第20通常是通过往往表现出更高的流动性的措施相比，非使用者。因此，上半年可以被拒绝[4]。虽然采用具有更高（连接CaMV）流动资产及较低（CLMV）流动负债，它们往往显示低quiek资产比率（加尔）。这可能会导致大面积的股票，这是当前的资产，但不计算在内的加尔省。这意味着采用不表现出更高的流动性措施，但他们有能力随时转换成现金等值项目现金收款可能在某些情况下成为低。的K - W测试
（表二，A组）提供的logistic回归是一致的结果，尤其是表明，采用高流动性的措施显示。
