Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051818
With the wide application and sharing of data, the issue of data privacy protection has become increasingly prominent. Technological innovation and digital transformation have brought huge opportunities and challenges to both enterprises and society. Therefore, the purpose of this study is to analyze the legality, transparency and security of enterprises in the process of data collection, analysis and sharing, as well as the ethical principles and data quality considerations they follow. This study adopts descriptive statistical analysis methods and draws the following conclusions: although enterprises invest more in innovation achievements, ethical principles and data sharing, they pay relatively less attention to data privacy protection. However, protecting user privacy and data security is an important aspect for companies to fulfill their social responsibilities. Therefore, companies should comprehensively consider innovation, ethics, data sharing and data privacy protection to build trust, reduce bias and inequality, and contribute to sustainable development. This will help enterprises achieve better results in technological innovation and digital transformation, and at the same time bring more benefits to society.
{"title":"Role of Corporate Social Responsibility in Technological Innovation and Digital Transformation","authors":"","doi":"10.25236/ajbm.2023.051818","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051818","url":null,"abstract":"With the wide application and sharing of data, the issue of data privacy protection has become increasingly prominent. Technological innovation and digital transformation have brought huge opportunities and challenges to both enterprises and society. Therefore, the purpose of this study is to analyze the legality, transparency and security of enterprises in the process of data collection, analysis and sharing, as well as the ethical principles and data quality considerations they follow. This study adopts descriptive statistical analysis methods and draws the following conclusions: although enterprises invest more in innovation achievements, ethical principles and data sharing, they pay relatively less attention to data privacy protection. However, protecting user privacy and data security is an important aspect for companies to fulfill their social responsibilities. Therefore, companies should comprehensively consider innovation, ethics, data sharing and data privacy protection to build trust, reduce bias and inequality, and contribute to sustainable development. This will help enterprises achieve better results in technological innovation and digital transformation, and at the same time bring more benefits to society.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135749010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051815
: The "Healthy China" strategy, aimed at improving the well-being of Chinese citizens, has led to significant advancements in living standards. Within this national initiative, the focus on the health and well-being of middle-aged and elderly individuals has gained prominence and attracted attention across various sectors. Health tourism, as a precise, refined, and personalized service that combines tourism and healthcare, has emerged to address the growing demand for a better and healthier lifestyle. This article explores the concept and characteristics of health tourism, highlighting its significance in the rural revitalization strategy of Yancheng. It examines the development of health tourism in Yancheng, utilizing a hierarchical approach and comprehensive analysis of relevant literature. The article proposes targeted recommendations for the project's development, emphasizing the utilization of Yancheng's local advantages, the creation of unique tourism brands, and the active integration into the evolving landscape of tourism. By establishing itself as a leader in green development and promoting a healthy lifestyle, Yancheng's local health tourism endeavors can support the overarching goals of the "Healthy China" strategy.
{"title":"Health Tourism: A Catalyst for Rural Revitalization and \"Healthy China\" Strategy in Yancheng","authors":"","doi":"10.25236/ajbm.2023.051815","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051815","url":null,"abstract":": The \"Healthy China\" strategy, aimed at improving the well-being of Chinese citizens, has led to significant advancements in living standards. Within this national initiative, the focus on the health and well-being of middle-aged and elderly individuals has gained prominence and attracted attention across various sectors. Health tourism, as a precise, refined, and personalized service that combines tourism and healthcare, has emerged to address the growing demand for a better and healthier lifestyle. This article explores the concept and characteristics of health tourism, highlighting its significance in the rural revitalization strategy of Yancheng. It examines the development of health tourism in Yancheng, utilizing a hierarchical approach and comprehensive analysis of relevant literature. The article proposes targeted recommendations for the project's development, emphasizing the utilization of Yancheng's local advantages, the creation of unique tourism brands, and the active integration into the evolving landscape of tourism. By establishing itself as a leader in green development and promoting a healthy lifestyle, Yancheng's local health tourism endeavors can support the overarching goals of the \"Healthy China\" strategy.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135749014","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052010
As a strategic emerging industry,the digital creative industry has become one of the important driving forces of China's economic development. The party's 20th report proposed the goal of promoting the integration of strategic emerging industries, aiming to build an internationally competitive digital industrial cluster. With the rapid development of digital technology, the digital creative industry plays an important role in the process of global cross-border integration into a strategic emerging industry. However, the development of the global digital creative industry is unbalanced, and the leading countries are mainly concentrated in Europe, North America,and Asia[1], There are also differences in the development of digital creative industries in different countries, mainly due to the differences in policies, markets and cultural environments in different countries. Thus,the comparative analysis of the UK, the United States, Japan, and China's major cities in the digital creative industry development trends and characteristics will provide important experience and guidance for the future development of the digital creative industry in China, and is also of great significance to countries that promote the implementation of national digital creative industry development plans.
{"title":"Experience, reference and inspiration of the development of digital creative industry at home and abroad","authors":"","doi":"10.25236/ajbm.2023.052010","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052010","url":null,"abstract":"As a strategic emerging industry,the digital creative industry has become one of the important driving forces of China's economic development. The party's 20th report proposed the goal of promoting the integration of strategic emerging industries, aiming to build an internationally competitive digital industrial cluster. With the rapid development of digital technology, the digital creative industry plays an important role in the process of global cross-border integration into a strategic emerging industry. However, the development of the global digital creative industry is unbalanced, and the leading countries are mainly concentrated in Europe, North America,and Asia[1], There are also differences in the development of digital creative industries in different countries, mainly due to the differences in policies, markets and cultural environments in different countries. Thus,the comparative analysis of the UK, the United States, Japan, and China's major cities in the digital creative industry development trends and characteristics will provide important experience and guidance for the future development of the digital creative industry in China, and is also of great significance to countries that promote the implementation of national digital creative industry development plans.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158131","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052005
EPC general engineering contracting mode is a kind of contracting method widely used in large-scale engineering construction activities at present. This mode provides a new mode for the completion of large-scale projects, which has played a certain role in promoting China's economic development, while its problems are also becoming more and more obvious. At present, with the "Belt and Road" initiative and the establishment of RCEP, a large number of cross-border EPC projects to carry out the implementation of the academic community for the EPC general contracting mode of research continues to be hot, to explore the main risk management mechanism. In this paper, the relevant literature is sorted out according to the chronological order and importance, and the conceptual definition of EPC general contracting model is summarised, and it is also found that the research on risk management in the existing literature is mainly from the four aspects of risk identification, risk evaluation and measurement, risk control and response, and digitalisation of risk management. The results of this paper not only summarise the main literature on risk management in EPC projects, but also clarify the strengths and weaknesses of the relevant research, providing a development direction for future research.
{"title":"A review of research related to risk management of EPC engineering projects and future prospects","authors":"","doi":"10.25236/ajbm.2023.052005","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052005","url":null,"abstract":"EPC general engineering contracting mode is a kind of contracting method widely used in large-scale engineering construction activities at present. This mode provides a new mode for the completion of large-scale projects, which has played a certain role in promoting China's economic development, while its problems are also becoming more and more obvious. At present, with the \"Belt and Road\" initiative and the establishment of RCEP, a large number of cross-border EPC projects to carry out the implementation of the academic community for the EPC general contracting mode of research continues to be hot, to explore the main risk management mechanism. In this paper, the relevant literature is sorted out according to the chronological order and importance, and the conceptual definition of EPC general contracting model is summarised, and it is also found that the research on risk management in the existing literature is mainly from the four aspects of risk identification, risk evaluation and measurement, risk control and response, and digitalisation of risk management. The results of this paper not only summarise the main literature on risk management in EPC projects, but also clarify the strengths and weaknesses of the relevant research, providing a development direction for future research.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158134","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052013
In this paper, a data envelopment analysis (DEA) model was used to study the impact of the registration system reform on corporate financing efficiency with enterprises of the Growth Enterprise Market (GEM) as examples. The paper starts with theories related to financing structure and efficiency, and expounds basic theories involved in the analysis process. Later in the empirical analysis part, relevant data of GEM enterprises from 2018 to 2022 were collected and processed to determine input indicators such as the turnover rate and output indicators such as the amount of capital raised in the initial offering for empirical comparative analysis. It is finally concluded that the registration system reform positively affects corporate financing efficiency. Specifically, after the reform, there are changes including more diversified corporate financing channels, improvement of pure efficiency and scale efficiency to different extents, lower financing cost, and higher financing efficiency. The findings can provide some reference for corporate financing, and some policy recommendations are lastly presented on other factors affecting the efficiency of registration system implementation, hoping to provide some insight into the development of securities market.
{"title":"The Impact of Registration System Reform on Corporate Financing Efficiency—A Case Study on the GEM","authors":"","doi":"10.25236/ajbm.2023.052013","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052013","url":null,"abstract":"In this paper, a data envelopment analysis (DEA) model was used to study the impact of the registration system reform on corporate financing efficiency with enterprises of the Growth Enterprise Market (GEM) as examples. The paper starts with theories related to financing structure and efficiency, and expounds basic theories involved in the analysis process. Later in the empirical analysis part, relevant data of GEM enterprises from 2018 to 2022 were collected and processed to determine input indicators such as the turnover rate and output indicators such as the amount of capital raised in the initial offering for empirical comparative analysis. It is finally concluded that the registration system reform positively affects corporate financing efficiency. Specifically, after the reform, there are changes including more diversified corporate financing channels, improvement of pure efficiency and scale efficiency to different extents, lower financing cost, and higher financing efficiency. The findings can provide some reference for corporate financing, and some policy recommendations are lastly presented on other factors affecting the efficiency of registration system implementation, hoping to provide some insight into the development of securities market.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135158150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052009
In the context of the trend of Digital transformation of enterprises, this paper empirically examines the differences in the impact of founders and strategic investment controllers on Digital transformation of enterprises, taking private listed companies from 2007 to 2020 as research samples. The research results indicate that the founding controller is beneficial for listed companies to actively promote the digital process of the enterprise; However, both financial and industrial investment controllers will inhibit the Digital transformation of enterprises, and the inhibitory effect of financial investment controllers is stronger. Digital finance and control rights further strengthen the above regression results. Individual controllers, vertical industry controllers and professional financial investment controllers are conducive to the Digital transformation of enterprises. The mechanism research shows that the company's innovation input and output, and information transparency play a mediating role between the controller heterogeneity and the enterprise's Digital transformation. The research results of this paper enrich the research perspective and content of the relationship between corporate controllers and Digital transformation, and have certain reference significance for enterprises to improve corporate governance and actively promote Digital transformation.
{"title":"An analysis method of enterprise digital transformation effect based on investor data of public companies","authors":"","doi":"10.25236/ajbm.2023.052009","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052009","url":null,"abstract":"In the context of the trend of Digital transformation of enterprises, this paper empirically examines the differences in the impact of founders and strategic investment controllers on Digital transformation of enterprises, taking private listed companies from 2007 to 2020 as research samples. The research results indicate that the founding controller is beneficial for listed companies to actively promote the digital process of the enterprise; However, both financial and industrial investment controllers will inhibit the Digital transformation of enterprises, and the inhibitory effect of financial investment controllers is stronger. Digital finance and control rights further strengthen the above regression results. Individual controllers, vertical industry controllers and professional financial investment controllers are conducive to the Digital transformation of enterprises. The mechanism research shows that the company's innovation input and output, and information transparency play a mediating role between the controller heterogeneity and the enterprise's Digital transformation. The research results of this paper enrich the research perspective and content of the relationship between corporate controllers and Digital transformation, and have certain reference significance for enterprises to improve corporate governance and actively promote Digital transformation.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"130 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135156074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052015
China's unique geographical location allows for a trade model that combines land and sea. Among them, western China is a strategic hinterland that can balance the development of land and sea power trade domestically, and can utilize the Chengdu Europe express railway to develop the transportation industry in western China. However, there are many problems in the operation of the Chengdu Europe Express Railway, such as chaotic supply organization and fierce competition among supply organizations. In this paper, the grey prediction model is used to predict the freight volume of the Chengdu Europe Express Railway, and the necessity of optimizing the freight source organization of the Chengdu Europe Express Railway is obtained. The fuzzy cluster analysis method is used to select alternative distribution centers for 20 cities and states in Sichuan (except Chengdu), and the principal component analysis method and Gravity model are used to obtain the establishment plan of the distribution center of the freight source, so as to design a freight source organization plan with a more development trend of the Chengdu Europe Express Railway.
{"title":"Optimization of Source Organization Based on Gravity Model -- Taking Chengdu Europe Express Railway Goods as an Example","authors":"","doi":"10.25236/ajbm.2023.052015","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052015","url":null,"abstract":"China's unique geographical location allows for a trade model that combines land and sea. Among them, western China is a strategic hinterland that can balance the development of land and sea power trade domestically, and can utilize the Chengdu Europe express railway to develop the transportation industry in western China. However, there are many problems in the operation of the Chengdu Europe Express Railway, such as chaotic supply organization and fierce competition among supply organizations. In this paper, the grey prediction model is used to predict the freight volume of the Chengdu Europe Express Railway, and the necessity of optimizing the freight source organization of the Chengdu Europe Express Railway is obtained. The fuzzy cluster analysis method is used to select alternative distribution centers for 20 cities and states in Sichuan (except Chengdu), and the principal component analysis method and Gravity model are used to obtain the establishment plan of the distribution center of the freight source, so as to design a freight source organization plan with a more development trend of the Chengdu Europe Express Railway.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135156317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052007
Financial risk management is a strategic approach by which enterprises identify, assess and respond to potential risks associated with financial activities. It is designed to ensure that companies can effectively manage debt, liquidity, market volatility and other financial uncertainties to reduce the risk of financial loss, protect assets, improve financial stability and maximize shareholder value. The purpose of this study is to explore the impact of financial risk management on the market competitiveness of enterprises. Through in-depth analysis of key areas such as financial indicators, strategic adjustments, and performance, this study finds that financial risk management has a positive impact on enterprise competitiveness in several aspects. This study believes that financial risk management is an important means to improve the market competitiveness of enterprises, and can have a positive impact on the financial status and performance of enterprises at different levels. The results of this study have important guiding significance for enterprise managers and decision makers, which can help them better cope with market challenges and achieve sustainable competitive advantage.
{"title":"The Impact of Financial Risk Management Strategies on Firm Market Competitiveness","authors":"","doi":"10.25236/ajbm.2023.052007","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052007","url":null,"abstract":"Financial risk management is a strategic approach by which enterprises identify, assess and respond to potential risks associated with financial activities. It is designed to ensure that companies can effectively manage debt, liquidity, market volatility and other financial uncertainties to reduce the risk of financial loss, protect assets, improve financial stability and maximize shareholder value. The purpose of this study is to explore the impact of financial risk management on the market competitiveness of enterprises. Through in-depth analysis of key areas such as financial indicators, strategic adjustments, and performance, this study finds that financial risk management has a positive impact on enterprise competitiveness in several aspects. This study believes that financial risk management is an important means to improve the market competitiveness of enterprises, and can have a positive impact on the financial status and performance of enterprises at different levels. The results of this study have important guiding significance for enterprise managers and decision makers, which can help them better cope with market challenges and achieve sustainable competitive advantage.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135157913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.052107
This paper invests the effects of D&O Liability Insurance in Chinese listed companies. We address the sample selection problem by employing the propensity score matching methodology.To reduce the small sample size bias, we use the bootstrap approach to estimate the standard errors. Results show that, (1) The decision of listed companies to buy D&O Liability Insurance is endogenously determined, so it exists sample selection problem; (2) On the whole, performance is negatively related to D&O Liability Insurance even after controlling for sample selection bias, but the negative relationship has been declined; (3) D&O insurance does not play a positive role in corporate governance, and it makes a marked decline in the company value; (4) Other factors, such as company size, executive compensation, ownership concentration and equity of state owned shares, overseas listing all have significant positive effects on purchase of D&O Insurance, but feasibility, executors share holding shown a significant negative impact on purchase of D&O insurance.
{"title":"Can Drector Liability Insurance Promote Company Performance?—Empirical Evidence Based on Chinese Listed Companies","authors":"","doi":"10.25236/ajbm.2023.052107","DOIUrl":"https://doi.org/10.25236/ajbm.2023.052107","url":null,"abstract":"This paper invests the effects of D&O Liability Insurance in Chinese listed companies. We address the sample selection problem by employing the propensity score matching methodology.To reduce the small sample size bias, we use the bootstrap approach to estimate the standard errors. Results show that, (1) The decision of listed companies to buy D&O Liability Insurance is endogenously determined, so it exists sample selection problem; (2) On the whole, performance is negatively related to D&O Liability Insurance even after controlling for sample selection bias, but the negative relationship has been declined; (3) D&O insurance does not play a positive role in corporate governance, and it makes a marked decline in the company value; (4) Other factors, such as company size, executive compensation, ownership concentration and equity of state owned shares, overseas listing all have significant positive effects on purchase of D&O Insurance, but feasibility, executors share holding shown a significant negative impact on purchase of D&O insurance.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135508478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.25236/ajbm.2023.051901
The formation of huge goodwill provides a good "cover" for enterprise management to carry out earnings management. Listed companies can create a huge amount of goodwill with the help of high premium mergers and acquisitions, and in order to achieve the goal of positive earnings management, they may intentionally choose to delay the provision of goodwill impairment. On the other hand, goodwill impairment may also become a means for management to carry out negative earnings management, especially in the case of poor short-term business performance and decline in performance, but the overall sustainable profitability has not been changed. Therefore, it is necessary to adopt appropriate methods and models to determine whether an enterprise has earnings management behavior under different circumstances [1]. Based on this, through the in-depth analysis of the relevant financial data of Century Huatong Company, the accrual profit separation method is used to identify the degree of earnings management, and the obvious earnings management motivation is revealed in the formation of goodwill and the timing of goodwill accrual. At the same time, it is found that the provision of goodwill impairment is also affected by earnings management motivation. These earnings management behaviors may cover up the real business situation of the enterprise, which has an adverse impact on investors who do not know the inside information[2].
{"title":"Research on Earnings Management Behavior Identification and Motivation of Goodwill Impairment—Taking Century Huatong as an Example","authors":"","doi":"10.25236/ajbm.2023.051901","DOIUrl":"https://doi.org/10.25236/ajbm.2023.051901","url":null,"abstract":"The formation of huge goodwill provides a good \"cover\" for enterprise management to carry out earnings management. Listed companies can create a huge amount of goodwill with the help of high premium mergers and acquisitions, and in order to achieve the goal of positive earnings management, they may intentionally choose to delay the provision of goodwill impairment. On the other hand, goodwill impairment may also become a means for management to carry out negative earnings management, especially in the case of poor short-term business performance and decline in performance, but the overall sustainable profitability has not been changed. Therefore, it is necessary to adopt appropriate methods and models to determine whether an enterprise has earnings management behavior under different circumstances <sup>[1]</sup>. Based on this, through the in-depth analysis of the relevant financial data of Century Huatong Company, the accrual profit separation method is used to identify the degree of earnings management, and the obvious earnings management motivation is revealed in the formation of goodwill and the timing of goodwill accrual. At the same time, it is found that the provision of goodwill impairment is also affected by earnings management motivation. These earnings management behaviors may cover up the real business situation of the enterprise, which has an adverse impact on investors who do not know the inside information<sup>[2]</sup>.","PeriodicalId":282196,"journal":{"name":"Academic Journal of Business & Management","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135749334","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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