管理特征、会计信息透明度与企业投资效率:理论假设与实证检验  

Management characteristics,accounting information transparency and corporate investment efficiency:theoretical hypotheses and empirical tests

作　　者：李超繁 闫竹玲[1] LI Chaofan;YAN Zhuling(Yan’an University,Yan’an 716000,China)

机构地区：[1]延安大学,陕西延安716000

出　　处：《黑龙江工程学院学报》2021年第3期47-50,54,共5页Journal of Heilongjiang Institute of Technology

基　　金：国家级大学生创新创业训练计划项目(201910719047)。

摘　　要：随着现代建筑业企业规模扩大,管理难度提升,多数大型建筑业企业实行管理者与经营者相分离的现代化经营模式,管理者个人特质必将在潜移默化中影响企业投资效率,而会计信息透明度历来是影响企业投资的重要因素。利用沪深上市建筑业企业数据,构建面板数据探究管理特征、会计信息透明度对企业投资效率的影响,结果表明:建筑业企业会计信息透明度与企业投资效率之间为正相关关系,会计信息透明度上升1个单位,企业投资效率提升0.425个单位。建筑业企业管理特征主要分为经营模式和管理者年龄、性别、学术背景、金融背景等,分别能够促进企业投资效率上升0.142、0.171、0.074、0.012、0.297个单位。Along with the modern construction enterprise scale,management difficulty,most of the large construction enterprises carry out a manager-and-operator separation system as modern management mode.Managers attributes will affect the corporate investment efficiency,while the accounting information transparency has always been the important factors that affect business investment.This paper uses the data from the Shanghai and Shenzhen listed construction enterprises and builds panel data to explore the characteristics of management,and the accounting information transparency influence on enterprises investment efficiency.The result shows that the construction enterprise accounting information transparency and corporate investment efficiency are positively related.The accounting information transparency rises by 1 unit,and the corporate investment efficiency increases by 0.425 units.The management characteristics of construction enterprises are mainly divided into operation mode,age,gender,academic background and financial background of managers,which can promote the improvement of enterprise investment efficiency,and promote the increase of enterprise investment efficiency by 0.142,0.171,0.074,0.012 and 0.297 units respectively.

关 键 词：管理特征 会计信息透明度 企业投资效率 理论假设 实证检验 

分 类 号：TU723.3[建筑科学—建筑技术科学]