摘要
近年来,企业信息披露违规事件层出不穷,尤其是创业板这类创新性强、风险性大的公司,会计信息披露质量不容乐观,阻碍了企业绩效的提升。本文以2015~2022年创业板全部行业上市公司为样本,数据来源于国泰安数据库以及深交所官方网站,利用stata16对数据进行检验和分析,试图探讨债务融资、会计信息披露质量与企业绩效的内在关系。最后得出:会计信息披露质量与企业绩效显著正相关;债务融资与会计信息披露质量显著负相关;债务融资与企业绩效显著负相关;债务融资在会计信息披露质量与企业绩效两者相关性中起到显著的正向调节作用。据此,本文建议政府等相关部门建立完善相关政策,银行等债权人应当履行各自义务,而企业自身应当增强信息披露意识,建立完善信息披露机制。
In recent years, corporate information disclosure violations have emerged one after another, especially for companies with strong innovation and high risk, such as GEM, and the quality of accounting information disclosure is not optimistic, hindering the improvement of corporate performance. This paper takes listed companies in all industries on gem from 2015 to 2022 as samples. The data came from CSMAR database and Shenzhen Stock Exchange official website. Stata was used to detect and analyze the data. This paper tries to explore the internal relationship among debt financing, accounting information disclosure quality and corporate performance. Finally, the quality of accounting information disclosure is positively correlated with enterprise performance. Debt financing is significantly negatively correlated with the quality of accounting information disclosure. Debt financing is negatively correlated with corporate performance. Debt financing plays a significant positive moderating role in the correlation between accounting information disclosure quality and corporate performance. Therefore, this paper suggests that the government and other relevant departments establish and perfect relevant policies, banks and other creditors should fulfill their obligations, and enterprises themselves should enhance the awareness of information disclosure and establish and perfect information disclosure mechanism.
出处
《电子商务评论》
2024年第3期5263-5277,共15页
E-Commerce Letters
