会计信息质量与企业非投资效率:基于资本市场信息不对称的视角  

Accounting Information Quality and Inefficiency Investment at the Enterprise Level: based on Information Asymmetry on Capital Market

作　　者：蔡艳芳[1] 蒋瑜峰[2] 

机构地区：[1]武汉纺织大学会计学院 [2]湖北警官学院,湖北武汉430074

出　　处：《财会通讯（下）》2012年第5期6-8,102,共4页Communication of Finance and Accounting

基　　金：教育部人文社科基金青年项目(项目编号:10YJC790113);湖北省教育厅人文社科一般项目(项目编号:2011jyty107)资助

摘　　要：本文探讨了企业非效率投资产生的根源,依据会计信息质量理论分析了会计信息的相关性和可靠性质量特征在资本市场上的重要作用,提出了通过提高会计信息质量治理企业非效率投资的途径。This paper have discussed the formation mechanism of inefficiency investment at the enterprise level from information economics theory; and study function of accounting information quality on capital market according to quality of accounting information theory. This paper find that high quality accounting information can add liquidity of capital markets, reduce risk level of future profit that investor expect; helps investors to make correct asset pricing, thus constrain inefficiency investment at the enterprise level in financing process.

关 键 词：会计信息质量 资本市场 非效率投资 信息不对称 

分 类 号：F233[经济管理—会计学] F832.51[经济管理—国民经济]