数字化转型与资产评估增值率——基于文本分析方法的经验证据  

Digital Transformation and Asset Valuation Appreciation Rate——Empirical Evidence Based on Text Analysis Methods

作　　者：李昂 王田力 商玉杰 胡思琪 李梦南 Li Ang;Wang Tianli;Shang Yujie;Hu Siqi;Li Mengnan(Capital University of Economics and Business,Beijing,100070)

机构地区：[1]首都经济贸易大学财政税务学院,北京100070

出　　处：《中国资产评估》2022年第5期52-59,F0003,共9页Appraisal Journal of China

基　　金：2022年首都经济贸易大学专业学位研究生创新实践项目(项目号:2022CXSJ043)的阶段性成果。

摘　　要：本文基于中国上市企业2013—2020年数据,借助爬虫软件归集企业年报中的“数字化转型”关键词,实证检验数字化转型对资产评估增值率的影响及其渠道机制。研究发现,数字化转型能够显著提高资产评估增值率。通过异质性检验结果发现,当评估对象为非国有企业时,企业数字化转型对资产评估增值率影响更大;当资产评估师选取收益法时,企业数字化转型对资产评估增值率影响更大。本文丰富了数字化转型和资产评估等领域的研究,对资产评估机构的执业行为和监管具有重要的现实启示作用。This paper empirically examines the impact of digital transformation on the appreciation rate of asset valuation and its channel mechanism based on the data of Chinese listed enterprises from 2013 to 2020,with the help of python software to categorize the keywords of“digital transformation”in their annual reports.The study finds that digital transformation can significantly increase the appreciation rate of asset valuation.The results of the heterogeneity test reveal that digital transformation has a greater impact on the appreciation rate of asset valuation when the appraisal target is a non-state-owned enterprise,and a greater impact on the appreciation rate of asset valuation when the asset appraiser selects the income approach.This paper enriches the research in the fields of digital transformation and asset valuation,and has important practical implications for the practice behavior and supervision of asset appraisal institutions.

关 键 词：数字化转型 企业价值评估 资产评估增值率 

分 类 号：F275[经济管理—企业管理] F271[经济管理—国民经济]