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Can Listed Companies Improve Corporate Performance by Improving the Quality of Accounting Information? 上市公司能否通过提高会计信息质量来提高公司绩效?
Q2 Social Sciences Pub Date : 2022-03-29 DOI: 10.20849/abr.v7i2.1061
Zimin Bai, Qin-lan Xu
The quality of accounting information of listed companies is an important factor affecting corporate performance. This paper selects 3460 listed companies in China from 2005 to 2019 as the research object, and studies the relationship between accounting information quality and corporate performance of listed companies. Through empirical analysis, it is found that improving accounting information quality of listed companies can effectively improve corporate performance. And the improvement of accounting information quality of non-state-owned listed companies is more significant than that of state-owned listed companies. This study provides a new perspective for Chinese listed companies to carry out accounting information quality management, and may also contribute to the healthy development of listed companies in other countries and regions.
上市公司会计信息质量是影响公司绩效的重要因素。本文选取2005 - 2019年3460家中国上市公司作为研究对象,研究上市公司会计信息质量与公司绩效的关系。通过实证分析发现,提高上市公司会计信息质量可以有效地提高公司绩效。非国有上市公司会计信息质量的改善比国有上市公司更为显著。本研究为我国上市公司开展会计信息质量管理提供了一个新的视角,对其他国家和地区上市公司的健康发展也有一定的借鉴意义。
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引用次数: 0
Analysis of Accounting Information distortion and Dynamic Game Model of Listed Companies in China 中国上市公司会计信息失真分析及动态博弈模型
Q2 Social Sciences Pub Date : 2022-03-29 DOI: 10.20849/abr.v7i2.1056
Qin Xu, Zimin Bai
Based on the point of view of corporate governance, this paper analyzes the causes of accounting information distortion of listed companies from two aspects of economic interests and administrative interests, probes into the conditions of accounting information distortion of listed companies, and focuses on the problems of insider control, immature manager market, one dominant stock and the false establishment of independent directors. By constructing the dynamic game model of listed company, accounting firm and CSRC, this paper analyzes the important factors that affect the probability of collusion between listed company and accounting firm and the probability of providing distorted accounting information by listed company under Nash equilibrium state, and finally puts forward some corresponding suggestions for the distortion behavior of accounting information of listed company.
本文基于公司治理的视角,从经济利益和行政利益两个方面分析了上市公司会计信息失真的原因,探讨了上市公司会计信息失真的条件,重点研究了内部人控制、经理市场不成熟、一股独大和虚假设立独立董事等问题。本文通过构建上市公司、会计师事务所和证监会的动态博弈模型,分析了在纳什均衡状态下影响上市公司与会计师事务所串通概率和上市公司提供失真会计信息概率的重要因素,最后对上市公司会计信息失真行为提出了相应的建议。
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引用次数: 0
Research on the Influence Mechanism of Chinese Corporate Governance and Accounting Information Quality 中国公司治理与会计信息质量的影响机制研究
Q2 Social Sciences Pub Date : 2022-03-29 DOI: 10.20849/abr.v7i2.1067
Qin Xu, Zimin Bai
Ownership and management rights are gradually separated in the process of the development of modern enterprises, and the modern financial and accounting system comes into being. Accounting information system is an indispensable part of modern enterprises, corporate governance structure will be organically combined within the enterprise, the two influence each other and interact with each other. True, reliable and efficient accounting information system can fully improve the operational efficiency of the company, and the structure of corporate governance is effectively optimized. On the contrary, the accounting information system of fraud and information distortion is very likely to make the operators seek improper interests, make the stakeholders bear huge losses, and the financial situation of the company deteriorate.
在现代企业的发展过程中,所有权和经营权逐渐分离,现代财务会计制度应运而生。会计信息系统是现代企业不可缺少的组成部分,公司治理结构将企业内部有机地结合起来,两者相互影响、相互作用。真实、可靠、高效的会计信息系统可以充分提高公司的经营效率,公司治理结构得到有效优化。相反,会计信息系统的欺诈和信息失真极有可能使经营者谋取不正当利益,使利益相关者承受巨大损失,使公司财务状况恶化。
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引用次数: 0
Investigating the Motivating Factors of Youths-Students Interest to Become Entrepreneurs: A Case of Anambra State, Nigeria 青年学生创业兴趣的激励因素调查——以尼日利亚阿南布拉州为例
Q2 Social Sciences Pub Date : 2022-02-23 DOI: 10.55220/25766759.v7i1.116
Simon Nnaemeka Ajah
This study explored the factors that motivates the youth’s interest (intention) to become entrepreneurs by incorporating the personality attributes from the “Theory of planned behavior” and environmental factors, with some selected “control variables” (experience, gender, and age). A multivariate statistical technique was used to test the relationship between the variables using “Structural Equation Modeling” AMOS Package version 23. A sample of 400 students from Chukwuemeka Odumegwu Ojukwu university in Anambra State, Nigeria was used to analyze the data. The results of the study indicated that attitude, self-efficacy, and subjective norms have a statistically significant effects on student’s entrepreneurial interest. The findings also indicated that entrepreneurial education has an impact on students’ attitude but has no obvious effect on intention. Apart from government support policy which was found to have statistical negative effect on intention, other external barriers have no effect on attitude and intention. Understanding these factors is important to make recommendations to the government and other relevant stakeholders to promote youths’ entrepreneurship in Nigeria. The importance of entrepreneurship is not only vital for economic growth but also for long term sustainable development. Through the vital information gained from investigating these motivating factors of youth’s interest to engage in entrepreneurship, the government and other important stakeholders can formulate effective policies to improve macroeconomic conditions to encourage university students to become entrepreneurs.
本研究通过结合“计划行为理论”的人格属性和环境因素,并选择一些“控制变量”(经验、性别和年龄),探讨青年创业兴趣(意向)的激励因素。使用“结构方程建模”AMOS软件包第23版,采用多元统计技术对变量之间的关系进行检验。来自尼日利亚阿南布拉州Chukwuemeka Odumegwu Ojukwu大学的400名学生样本被用来分析数据。研究结果表明,态度、自我效能感和主观规范对大学生创业兴趣有显著的影响。研究结果还表明,创业教育对学生的态度有影响,但对意向没有明显影响。除了政府支持政策对意向有统计上的负向影响外,其他外部障碍对态度和意向没有影响。了解这些因素对于向政府和其他相关利益攸关方提出建议以促进尼日利亚青年创业至关重要。企业家精神的重要性不仅对经济增长至关重要,而且对长期可持续发展也至关重要。通过对这些激发大学生创业兴趣的因素的调查获得的重要信息,政府和其他重要利益相关者可以制定有效的政策来改善宏观经济条件,鼓励大学生创业。
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引用次数: 1
How TMT Knowledge Background Affects Corporate Social Responsibility and Firm Financial Performance? TMT知识背景如何影响企业社会责任和财务绩效?
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.984
Tong Liu, Yue’e Li
The purpose of this study is to investigate the coupling relationship between corporate social responsibility (CSR) and firm financial performance, and consider top management team (TMT) knowledge background as moderators. Most of the existing studies focus on the one-way impact between CSR and firm financial performance. A few studies mention the coupling relationship between them. TMT knowledge background reflects leadership in organization which significantly impacts strategy of the company. With this concern, this study explores the relationships among these three factors and identified the relationships by an empirical study, using panel data of Chinese A-share listed companies from 2014 to 2019. 3SLS regression results show that CSR and firm financial performance do have coupling relationship. And firm financial performance has lag effect on CSR. Function background stands out of knowledge background to be a moderator between CSR and firm financial performance. Education background could also affect firm financial performance. With this view, sustainable development is becoming a trend, making profits and taking social responsibilities are both important. TMT structure should be improved to recruit experienced TMT members to help set strategy for the company. It conforms to the reform of specification of labor in China. Upgrading TMT education degree also makes sense for growth. Suggestions for promoting leadership in organization are given.
本研究旨在探讨企业社会责任(CSR)与企业财务绩效之间的耦合关系,并考虑高层管理团队(TMT)知识背景作为调节因子。现有的研究大多集中在企业社会责任与企业财务绩效之间的单向影响。少数研究提到了两者之间的耦合关系。TMT知识背景反映了组织的领导力,对公司的战略有重要影响。基于此,本研究利用2014 - 2019年中国a股上市公司面板数据,探讨了这三个因素之间的关系,并通过实证研究确定了三者之间的关系。3SLS回归结果表明,企业社会责任与企业财务绩效存在耦合关系。企业财务绩效对企业社会责任存在滞后效应。职能背景在企业社会责任与企业财务绩效之间的调节作用强于知识背景。教育背景也会影响公司的财务业绩。从这个角度来看,可持续发展正在成为一种趋势,盈利和承担社会责任都很重要。完善TMT结构,招募经验丰富的TMT成员,帮助公司制定战略。这符合中国劳动规范改革的要求。提升TMT教育程度对增长也有意义。提出了提升组织领导力的建议。
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引用次数: 1
Analysis of E-commerce Business Strategy - Take JD.com, Inc. as the Case 电子商务经营战略分析——以京东为例
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.989
Zilin Huo, Ji-Yuan Du
The development of e-commerce has brought a lot of convenience to people. People can shop without going out with computers or mobile phones, and the goods are cheaper. With the development of e-commerce, e-commerce has become an important part of people's daily life. And JD.com, Inc, as a leading supply chain based technology and service enterprise, has built its own nationwide fulfillment infrastructure and last-mile delivery network. According to the Fortune Global 500 Companies by revenue in 2021, JD has been the largest retailer in China. At the same time of doing its retailing, with its advantages in customer services and operational efficiency and its strategy of long-term investment in services and logistics industry, JD has established a huge scale advantage and owned a market leading position. This article is focused on the development status and trend analysis of e-commerce in parallel with the market performance of JD.
电子商务的发展给人们带来了很多便利。人们可以不用出门就带着电脑或手机购物,而且商品更便宜。随着电子商务的发展,电子商务已经成为人们日常生活的重要组成部分。京东作为一家领先的基于供应链的技术和服务企业,已经建立了自己的全国配送基础设施和最后一英里配送网络。根据2021年《财富》世界500强企业收入排名,京东一直是中国最大的零售商。在做零售的同时,凭借其在客户服务和运营效率方面的优势,以及长期投资于服务和物流行业的战略,京东建立了巨大的规模优势,拥有市场领先地位。本文重点分析了电子商务的发展现状和趋势,并结合京东的市场表现进行了分析。
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引用次数: 0
Brief Analysis of the Impact of the COVID-19 Epidemic on China's Food Security in 2020 新冠肺炎疫情对2020年中国粮食安全的影响浅析
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.987
Hang Zheng
"Don't panic with grain in hand", grain is not only an important strategic goods related to national security, but also the most basic living guarantee for the people. Food security is the most concerned issue of the Chinese government and the people. Against the background of the continuous spread of the COVID-19, China's food security has been challenged. The analysis found that the epidemic has changed people's food consumption structure; epidemic control policies, agricultural meteorology and pest risks and international The changing situation has certain impacts on food production and supply. However, these impacts are short-lived, localized and limited. Fully understanding these impacts and implementing corresponding countermeasures according to their characteristics will further ensure my country's food security.
“手里有粮不慌”,粮食既是关系国家安全的重要战略物资,也是人民群众最基本的生活保障。粮食安全是中国政府和人民最关心的问题。在新冠肺炎疫情持续蔓延的背景下,中国粮食安全面临挑战。分析发现,疫情改变了人们的食品消费结构;疫情防控政策、农业气象和病虫害风险和国际形势的变化对粮食生产和供应产生了一定的影响。然而,这些影响是短暂的、局部的和有限的。充分认识这些影响,并根据其特点采取相应的对策,将进一步保障我国的粮食安全。
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引用次数: 1
Higher Education Development, Regional Economic Growth and Opening to the Outside World 高等教育发展、区域经济增长与对外开放
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.994
Yadi Guo
The development of higher education and opening to the outside world are important factors in promoting China's economic growth. On the basis of clarifying the relationship between the three, based on the economic and social statistics of 290 prefecture-level and above cities in China from 2003 to 2018, this paper constructs a panel model to test the role of higher education development on regional economic growth and the mediating role of urban opening up between the two. The study found that: in the past 15 years, the improvement of the development level of higher education can not only directly promote the growth of the regional economy, but also indirectly promote the growth of the regional economy by improving the level of urban opening to the outside world. It is suggested that the high-quality development of higher education should be continuously promoted, and the opening-up efforts should be increased in order to achieve the strategic goal of high-quality economic and social development.
高等教育的发展和对外开放是促进中国经济增长的重要因素。在厘清三者关系的基础上,基于2003 - 2018年中国290个地级及以上城市的经济社会统计数据,构建面板模型,检验高等教育发展对区域经济增长的作用以及城市开放在两者之间的中介作用。研究发现:近15年来,高等教育发展水平的提高不仅可以直接促进区域经济的增长,还可以通过提高城市对外开放水平间接促进区域经济的增长。建议继续推进高等教育高质量发展,加大对外开放力度,实现经济社会高质量发展的战略目标。
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引用次数: 0
A Literature Review for the Influence of Hierarchical Identity on Symbolic Consumption 等级认同对符号消费影响的文献综述
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.985
Yang Wang, Yang Feng, J. Lin
Consumption is an important part of economic development, and households’ cognition and emphasis on the social hierarchy affect the total amount, types and styles of consumption significantly. This paper summarizes the social significance of commodities, the development of social hierarchy with the corresponding psychology of consumption, and the cause and purpose of individual's conspicuous consumption. This paper highlights the importance of the relationship between social hierarchy and households’ consumption, and provides a useful reference for understanding consumers' psychology.
消费是经济发展的重要组成部分,家庭对社会等级的认知和重视程度显著影响着消费总量、消费类型和消费方式。本文概述了商品的社会意义,社会等级制度的发展及其相应的消费心理,以及个人炫耀性消费的原因和目的。本文强调了社会等级与家庭消费之间关系的重要性,为理解消费者心理提供了有益的参考。
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引用次数: 0
Research on the Impact of R&D Investment Under Tax Preferences on the Long-Term Debt Paying Ability of Enterprises ——Based on the Empirical Analysis of China's Shanghai and Shenzhen Listed Companies 税收优惠下研发投资对企业长期偿债能力的影响研究——基于中国沪深上市公司的实证分析
Q2 Social Sciences Pub Date : 2022-01-26 DOI: 10.20849/abr.v7i1.986
Jing Feng, Yunshu Yang, Ziyou Zheng
Science and technology are the primary productive forces. Nowadays, most countries attach great importance of R&D investment. According to data released by OECD and other institutions, the United States continues to rank first in the world in terms of specific R&D expenditures, with US$612.7 billion in 2019; China After surpassing the 27 EU countries in 2015, it has been firmly ranked second, with 514.8 billion U.S. dollars in 2019. However, from the perspective of growth trends, China’s R&D investment in science and technology is growing at a significantly higher rate than other countries. According to the growth rate, it is expected that China’s R&D investment in science and technology is expected to surpass around 2022. In the context of the Chinese government's strong support for technological innovation of enterprises, various preferential tax policies have encouraged enterprises to invest in research and development. However, under preferential tax policies, enterprises have reduced their capital occupation, which in turn increases their cash flow and reduces their research and development. Risks promote the increase in corporate R&D investment, and the impact on corporate R&D investment in its long-term debt servicing ability is different. Therefore, under the preferential after-tax policies, it is of practical significance to study the relationship between the R&D investment of Chinese listed companies and the corporate solvency. This paper selects China's Shanghai and Shenzhen A-share listed companies as the research sample. The time span is from 2015 to 2019. A panel model is constructed and multiple regression analysis is performed to empirically test the impact of R&D investment on the long-term solvency of companies. On this basis, Incorporate taxes incentives into the model. Research shows that: R&D investment is significantly negatively correlated with corporate debt solvency; corporate R&D investment under tax incentives has a stronger impact on its long-term debt solvency.
科学技术是第一生产力。目前,大多数国家都非常重视研发投资。根据经合组织等机构发布的数据,美国在具体研发支出方面继续排名世界第一,2019年为6127亿美元;继2015年超越欧盟27个国家之后,中国在2019年以5148亿美元的规模稳居第二。但是,从增长趋势来看,中国科技研发投入的增长速度明显高于其他国家。根据增长速度,预计中国在科技方面的研发投资有望在2022年左右超过。在中国政府大力支持企业技术创新的背景下,各种税收优惠政策鼓励企业投入研发。然而,在税收优惠政策下,企业减少了资本占用,从而增加了企业的现金流,减少了企业的研发。风险促进了企业研发投资的增加,而对企业研发投资长期偿债能力的影响是不同的。因此,在税后优惠政策下,研究我国上市公司研发投入与公司偿债能力的关系具有重要的现实意义。本文选取中国沪深两市a股上市公司作为研究样本。时间跨度从2015年到2019年。通过构建面板模型和多元回归分析,实证检验了研发投入对企业长期偿付能力的影响。在此基础上,将税收激励纳入模型。研究表明:研发投入与企业债务偿付能力呈显著负相关;税收优惠下的企业研发投资对其长期债务偿付能力的影响更大。
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引用次数: 0
期刊
Asian Journal of Business Research
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