会计师事务所行业专门化对企业创新的影响研究  

Research on the Impact of Accounting Firm's Industry Specialization on Corporate Innovation

作　　者：伍伦[1] WU Lun(School of Accounting,Southwestern University of Finance and Economics,Chengdu 611130,China)

机构地区：[1]西南财经大学会计学院,四川成都611130

出　　处：《经济与管理评论》2024年第3期122-134,共13页Review of Economy and Management

基　　金：国家自然科学基金项目“中国投资者保护公益组织运行效果与机制研究——基于并购重组中投服中心行权视角”(72272123);国家自然科学基金重点国际合作研究项目“大数据背景下会计信息促进实体经济发展的关键路径与机制研究”(72010107001)。

摘　　要：以我国A股2007-2020年上市公司为样本,实证检验了会计师事务所行业专门化对企业创新的影响。研究结果证实,会计师事务所行业专门化显著促进了企业创新,表现为专利数量和专利质量的提升,这种促进作用主要通过缓解融资约束和抑制研发操纵的渠道实现。进一步研究发现,会计师事务所行业专门化对企业创新的激励效应在外部融资依赖程度高、内部治理水平差、市场竞争度低的企业表现得更加明显。同时,会计师事务所行业专门化通过促进企业创新推动了企业高质量发展。研究结论对加强资本市场中介机构职能化及专业化建设,服务国家创新驱动发展战略提供了经验支持。Taking China's A-share listed companies from 2007 to 2020 as the sample,the impact of accounting firm's industry specialization on corporate innovation is empirically examined.The results show that accounting firm's industry specialization promotes corporate innovation,which is reflected in the increase of the number and quality of patents.This promotion is mainly achieved by relieving financial constraints and reducing R&D manipulation.Further research finds that the promotion effect of accounting firm's industry specialization on corporate innovation is more obvious in enterprises with higher dependence on external financing,poorer internal governance level and lower market competition.Furthermore,accounting firm's industry specialization promotes the high-quality development of enterprises by promoting corporate innovation.Research conclusions provide empirical support for strengthening the functional and professional construction of capital market intermediaries and serving the national innovation-driven development strategy.

关 键 词：会计师事务所行业专门化 企业创新 企业专利 融资约束 研发操纵 

分 类 号：F270[经济管理—企业管理]