会计信息质量对企业技术创新的影响机理及其实证研究

发布时间：2018-04-14 15:19

  本文选题：会计信息质量 + 企业技术创新　； 参考：《哈尔滨工业大学》2016年博士论文

【摘要】：会计信息是维持所有权和经营权分离为主导经营模式的市场经济体系有效运转的最关键的信息机制。投资是企业三大财务决策的核心决策,近十年来,学者们开始关注会计信息质量对企业投资的影响。但是,目前相关研究主要考察了会计信息质量对企业整体投资的影响,却较少探究其会计信息质量对企业具体的投资项目的影响。然而,企业技术创新是一项特殊的投资,其在风险和收益等方面均与其他投资有显著的区别,可见,会计信息质量对整体投资的作用规律未必适用于企业技术创新;企业技术创新也是一项重要的投资,其对微观企业核心竞争力的建设和宏观经济的持续高速发展均具有重要的意义,因此有必要专门探究会计信息质量对企业技术创新的影响。鉴于此,本文构建了会计信息质量影响企业技术创新的理论分析框架,揭示了会计信息质量影响企业技术创新的机理。本文研究不仅丰富了会计信息质量经济后果的相关研究,也丰富了企业技术创新影响因素的研究。本文主要内容包括:构建了会计信息质量影响企业技术创新的理论分析框架。本文以信息不对称理论、投资者保护理论、代理理论和契约理论为支撑,运用文献分析法和规范分析法,以信息视角下企业技术创新的实现机理为切入点,探究了会计信息质量影响企业技术创新的关键路径,分析了会计信息质量对企业技术创新影响的制度依存性,阐释了会计信息质量对企业技术创新价值效应的影响,进而构建出会计信息质量对企业技术创新的作用机制框架,并作为全文的理论基础。针对会计信息质量是否会影响企业技术创新的问题,本文通过构建数理模型、运用仿真分析方法和多元回归分析方法进行验证,研究结果表明,在控制了企业特征和治理结构等因素后,较高的会计信息质量可提升企业技术创新。通过控制内生性问题后,发现较高的会计信息质量依旧会对企业技术创新发挥正向影响。针对会计信息质量如何影响企业技术创新的问题,本文在构建会计信息质量影响企业技术创新理论分析框架的基础上,从融资路径、治理路径和投资路径三条路径出发,对会计信息质量影响企业技术创新的路径机理进行分析,揭示了关键路径下会计信息质量对企业技术创新的影响机理。研究结果表明:首先,较高的会计信息质量能够通过降低融资约束问题的路径来提升企业技术创新。其次,较高的会计信息质量能够通过治理代理问题的路径来提升企业技术创新。再次,较高的会计信息质量能够通过提升企业投资效率的路径来促进企业技术创新。针对会计信息质量何时影响企业技术创新的问题,本文从理论上分析了不同的法治环境、金融市场环境和政府干预环境的制度环境条件下会计信息质量对企业技术创新影响的差异,揭示了会计信息质量影响企业技术创新的制度依存特征。研究结果表明:首次,与较完善的法治环境相比,在较不完善的法治环境中较高的会计信息质量对企业技术创新的影响更高。其次,与发展水平较高的金融市场环境相比,在发展水平较低的金融市场环境中,较高的会计信息质量对企业技术创新的影响更高。再次,与较低严重程度的政府干预环境相比,在较高严重程度的政府干预环境中,较高的会计信息质量对企业技术创新的影响更高。本文分别从法治环境、金融市场环境和政府干预环境角度证明了,会计信息质量和制度环境在促进企业技术创新方面存在替代关系。探究会计信息质量对企业技术创新价值效应的影响。基于外生增长理论、内生增长理论、可竞争性理论和信号传递理论,本文从企业的生产价值、财务价值和市场价值三个维度,从理论上分析会计信息质量影响企业技术创新价值效应的机理,通过使用道格拉斯生产模型、多元回归模型和调节效应模型进行检验,研究结果表明:首先,企业技术创新存在显著的正向生产价值效应、正向财务价值效应和正向市场价值效应。其次,较高的会计信息质量能够显著地提升企业技术创新的生产价值效应、财务价值效应和市场价值效应。国内外学者在进行会计信息质量和企业投资关系的研究时大都基于企业整体投资的视角,本文从企业技术创新的视角细化并深化了会计信息质量对企业投资的影响。从理论上看,本研究可以为会计信息质量与企业技术创新领域的更深入的研究提供理论支持;有助于发展会计信息质量的理论内涵,丰富企业技术创新理论,完善制度环境理论,充实经济增长理论;有助于揭示会计信息质量对企业技术创新的作用机理和限制条件。从实践上看,本文研究从企业技术创新的角度,为企业提高自身会计信息质量提供了激励,并为政府规范企业的会计信息质量提供了证据支持;有助于鼓励企业通过信息机制来引导市场资源配置到企业技术创新中,降低企业技术创新的相关交易成本,促使更多的企业技术创新机会得以实现;并有助于提升企业技术创新转化为企业价值的效率。
[Abstract]:The accounting information is to maintain the separation of ownership and management rights as the leading mode of operation of the market economy system of the effective operation of the key information is the core of enterprise investment decision-making mechanism. The three major financial decisions, in the past ten years, scholars began to affect the investment accounting information on the quality of the enterprise. However, the related research mainly investigated the quality of accounting information of enterprises overall investment, but less on the influence of the quality of accounting information of enterprise specific investment projects. However, technological innovation is a special investment, the risks and benefits as compared with other investment have significant differences, visible, law of quality of accounting information on the overall investment may not be applicable to the enterprise technology innovation; enterprise technology innovation is an important investment, sustained high speed the construction of the core competitiveness of enterprises and the macro economy. The exhibition is of great significance, it is necessary to explore the special influence of accounting information quality on the technological innovation of the enterprise. In view of this, this paper constructs the theory of accounting information quality affects the enterprise technological innovation framework to analyze the mechanism of the technological innovation of the enterprise accounting information quality influence. This study not only enriches the research on accounting information quality and economic consequences also, enrich the research on the influence factors of technological innovation of enterprises. The main contents of this paper include: the construction of the quality of accounting information theory of enterprise technology innovation analysis framework. Based on the information asymmetry theory, investor protection theory, agency theory and contract theory, using literature analysis and normative analysis, in order to realize the mechanism of enterprise from the perspective of information technology innovation as the breakthrough point, to explore the quality of accounting information affects the critical path of enterprise technological innovation, analysis The influence of accounting information quality on the technological innovation of the enterprise system dependence, explains the effects of the quality of accounting information of enterprise technological innovation value effect, then construct the accounting information quality mechanism of enterprise technological innovation framework, and as the theoretical basis. According to whether the quality of accounting information will affect the enterprise technology innovation, this paper the construction of mathematical model, using the simulation analysis method and regression analysis method to verify the results of the study show that, in the control of the enterprise characteristics and governance structure and other factors, high quality of accounting information can enhance the enterprise's technological innovation. By controlling the endogenity problems, found that the quality of accounting information is higher still play a positive impact on the enterprise technology innovation. According to the quality of accounting information affects the enterprise technology innovation, based on the construction of the quality of accounting information. Enterprises. Analysis of industry technology innovation based on the theoretical framework, from the financing path of governance path and investment path of the three paths, the quality of accounting information affects the mechanism path of enterprise technology innovation is analyzed, the mechanism of accounting information quality under the influence of the critical path of enterprise technological innovation has been revealed. The results show that: firstly, the higher the quality of accounting information can through the path to reduce financing constraints to enhance technological innovation. Secondly, the quality of accounting information to a higher path through the management of agency problems to promote the enterprise technology innovation. Thirdly, the quality of accounting information is higher to promote technological innovation through the path to improve the investment efficiency. According to the quality of accounting information will affect the enterprise technology the issue of innovation, this paper analyzes the different legal environment in theory, financial market and government intervention environment The differences affect the quality of accounting information system under the condition of technological innovation of enterprises, reveals the influence of the technological innovation of the enterprise system of accounting information quality dependency features. The results show that for the first time, compared with the relatively perfect law environment, affecting the quality of accounting information in a relatively imperfect legal environment in higher technological innovation in the enterprise more high. Secondly, compared with the high level of financial market environment, the low level of development of financial market environment, affecting the quality of accounting information is higher on the technological innovation of the enterprise is higher. Thirdly, compared with the government intervention environment of low severity, the higher the severity of the government intervention environment, influence the quality of accounting information is higher on the technological innovation of the enterprise is higher. This paper from the legal environment, financial market and government intervention environment proved that, the quality of accounting information and system The environment there is an alternative relationship in promoting enterprise technology innovation. Explore the impact of the quality of accounting information of enterprise technological innovation value. Based on the effect of exogenous growth theory, endogenous growth theory, competition theory and signaling theory, this article from the enterprise value, the three dimensions of financial value and market value, analysis the mechanism of accounting information quality influence of technological innovation value effect theoretically, by using Douglas production model, multiple regression model and moderating effect model to test, the results show that: firstly, the enterprise technology innovation has a positive significant effect on the value of production, the positive effect of financial value effect and positive market value. Secondly, the quality of accounting information can be significantly higher enhance the production value effect of enterprise's technological innovation, financial market value effect and value effect. Scholars at home and abroad will Study on the quality of accounting information and corporate investment relationship when most enterprises overall investment perspective, from the perspective of the refinement of enterprise technology innovation and deepen the influence of investment of quality of accounting information for enterprises. From the theoretical perspective, to provide theoretical support for further research of this study can be used for the quality of accounting information and the enterprise technological innovation field theoretical connotation; contribute to the development of the quality of accounting information, enriching the theory of technological innovation of enterprises, improve the system of environmental theory, enrich the theory of economic growth; help to reveal the quality of accounting information of enterprise technology innovation mechanism of action and restrictions. In practice, this paper studies from the angle of enterprise technology innovation, to provide the incentive for the enterprise to improve the quality of accounting information, and provide evidence for the government to standardize enterprise accounting information quality; help to encourage enterprises through information mechanisms to guide The allocation of market resources to technological innovation can reduce the relative transaction costs of technological innovation, and promote more technological innovation opportunities of enterprises, and help to improve the efficiency of technological transformation of enterprises into the value of enterprises.

【学位授予单位】：哈尔滨工业大学
【学位级别】：博士
【学位授予年份】：2016
【分类号】：F275;F273.1
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本文编号：1749881