会计信息质量与非效率投资——基于高管背景特征调节效应的分析  

Accounting Information Quality and Non-efficiency Investment on Oderating-effect Based on Background Characteristics of Senior Executives

作　　者：穆阳暘 刘哲 尹宗成[1] MU Yang-yang;LIU Zhe;YIN Zong-cheng(School of Economics and Management,Anhui Agricultural University,Hefei,230601,Anhui)

机构地区：[1]安徽农业大学经济管理学院,安徽合肥230601

出　　处：《蚌埠学院学报》2023年第6期51-61,共11页Journal of Bengbu University

基　　金：安徽省哲学社会科学研究项目(AHSKY2020D20)。

摘　　要：以2011-2021年沪深A股上市公司为研究样本,从高管背景特征的视角出发,探讨了会计信息质量与非效率投资的关系,并分析了不同高管背景特征下会计信息质量对非效率投资的调节作用。研究得出如下结论:会计信息质量能够抑制企业投资过度,并会加剧企业投资不足的现象。进一步考察高管背景特征的调节作用时发现,高管的平均年龄、平均性别、平均任期、平均学历均会在会计信息质量与非效率投资的关系中发挥调节作用,但在投资过度与投资不足的表现上存在一定的差别。Taking Shanghai and Shenzhen A-share listed companies from 2011 to 2021 as the research sample,it discussed the relationship between accounting information quality and non-efficient investment in this paper from the perspective of executive background characteristics,and analyzed the regulating effect of accounting information quality on non-efficient investment under different background characteristics of senior executives.The study drew the following conclusion:In the group inspection of non-efficient investment found that the quality of accounting information can restrain the excessive investment of enterprises and aggravate the phenomenon of insufficient investment of enterprises.When further research on the regulatory effect of executive background characteristics,it can be found that the average age,average gender,average term and average educational background of senior executives will all affect the non-efficiency investment of enterprises,but there are differences between overinvestment and underinvestment.

关 键 词：非效率投资 投资过度 投资不足 高管背景特征 会计信息质量 

分 类 号：F275[经济管理—企业管理]