数字化转型的公司治理效应:基于管理层在职消费视角  

The Corporate Governance Effect of Digital Transformation:Based on the Perspective of Management's On-the-job Consumption

作　　者：祁怀锦[1] 李若琳 刘斯琴[2] QI Huai-jin;LI Ruo-lin;LIU Si-qin

机构地区：[1]中央财经大学会计学院 [2]内蒙古大学经济管理学院

出　　处：《改革》2024年第4期108-125,共18页Reform

基　　金：内蒙古自治区哲学社会科学规划项目“双碳目标下绿色债券对企业绿色发展的影响及实现路径研究”(2023NDB244)。

摘　　要：以在职消费为切入点,选取2010—2021年A股上市公司作为研究样本,考察数字化转型的公司治理效应,实证检验发现企业数字化转型程度和在职消费之间存在倒U型关系。进一步研究发现,缓解信息不对称和管理层过度自信是其作用路径。当样本为非国有、聘请非四大会计师事务所出具审计报告、所属产品市场竞争程度较低、非制造业、非高科技行业、劳动密集型行业、位于互联网发展较快城市以及经济欠发达地区的企业时,两者的倒U型关系更显著。This paper choose on-the-job consumption as the entry point,select listed companies in A-share market from 2010 to 2021 as samples,and empirically find that there is an inverted U-shaped relationship between the degree of enterprise digital transformation and on-the-job consumption.We find that alleviating the degree of information asymmetry and managemental overconfidence is its action path.When the sample is non-state-owned,hiring non Big4 accounting firms to issue audit reports,and belongs to enterprises with low product market competition,non manufacturing industry,non high-tech industry,labor-intensive industry,cities with rapid internet development,and economically underdeveloped areas,the inverted U-shaped relationship between the two is more significant.

关 键 词：数字化转型 在职消费 信息不对称 过度自信 

分 类 号：F272.91[经济管理—企业管理]