实时财务报告技术采纳与资本成本——基于“创新接受”视角的理论模型  

Real-Time Business Reporting Technology Acceptance and Cost of Capital:A Theoretical Model Based on Innovation Acceptance

作　　者：周元元[1] 庄明来[1] 

机构地区：[1]厦门大学管理学院,厦门361005

出　　处：《审计与经济研究》2012年第2期74-81,共8页Journal of Audit & Economics

基　　金：福建省教育厅社会科学研究项目(JA08003S)

摘　　要：在资本市场中,公司与其对手为获得更低的资本成本展开竞争。为了达成目标,公司都尝试采用新的信息技术来提高信息披露的透明度。扩展组织"创新接受"理论的内容并整合影响实时财务报告技术采纳和资本成本的主要因素,利用数学模型建构两者之间的约束关系,结果发现,资本成本的节省、不确定性、风险规避、交易、转换成本以及公司治理政策等都对公司何时以及是否采纳实时财务报告技术产生影响。In the capital market, firms compete to obtain capital with their rivals at a lower cost. In order to do so, firms may try to increase their information disclosure by adopting new information technology. The financial accounting literature has empirically provided positive evidence of increased transparency resulting from the adoption of real-time business reporting technology. We attempt to integrate the transparency and cost of capital literature by extending the area of the organizational innovation adoption theory. The model considers both micro-（firm） level factors and macro-level factors that affect the adoption decision. We argue that cost of capital savings, uncertainty, risks aversion, transaction and transformation costs, and governmental policy affect a firm＇s decision of whether and when to adopt the new technology.

关 键 词：会计信息透明度 资本成本 实时财务报告技术 技术采纳决策 信息披露 

分 类 号：F234.4[经济管理—会计学]