数字化转型提升了上市公司信息披露质量吗?
DOI:
作者:
作者单位:

作者简介:

通讯作者:

中图分类号:

基金项目:

国家社会科学基金一般项目(21BJY235)


Author:
Affiliation:

Fund Project:

  • 摘要
  • |
  • 图/表
  • |
  • 访问统计
  • |
  • 参考文献
  • |
  • 相似文献
  • |
  • 引证文献
  • |
  • 资源附件
  • |
  • 文章评论
    摘要:

    信息披露是证券市场健康有序运行的重要环节,对于投资者而言,公司信息披露质量更是其实现价值投资的重要保证。利用2010—2020年深交所A股上市公司的面板数据实证考察了数字化转型对信息披露质量的影响。研究发现,数字化转型能够显著提升我国上市公司的信息披露质量,这一结论在处理内生性问题并进行多种稳健性检验后仍然成立。机制分析表明,数字化转型通过优化内部控制质量和提高财务稳定性提升了信息披露质量。进一步分析发现,多元化经营、融资约束会削弱数字化转型对信息披露质量的提升效应,而行业集中度提高则会强化这一积极影响,并且相较于非高新技术公司和中西部地区公司,数字化转型对高新技术公司和东部地区公司信息披露质量的提升作用更为明显。

    Abstract:

    Information disclosure is a vital part of the healthy and orderly operation of the securities market. For investors, the quality of company information disclosure is an important guarantee for the realization of value investment. Using panel data of A-share listed companies in Shenzhen Stock Exchange from 2010 to 2020, this paper empirically investigates the impact of enterprise digital transformation on information disclosure quality. The results show that digital transformation can significantly improve the information disclosure quality of China's Listed Companies, and this conclusion is still valid after dealing with endogenous problems and conducting a variety of robustness tests. Mechanism analysis shows that digital transformation improves the information disclosure quality by optimizing the quality of internal control and improving financial stability. Further analysis found that diversification and financing constraints will weaken the lifting effect of digital transformation on the quality of information disclosure, while the improvement of industry concentration will strengthen this positive impact, and compared with the non-high-tech enterprises and enterprises located in the central and western regions, digital transformation has a more obvious effect on improving the information disclosure quality of high-tech enterprises and enterprises located in the eastern region.

    参考文献
    相似文献
    引证文献
引用本文

徐子尧,庞月维,张莉沙.数字化转型提升了上市公司信息披露质量吗?[J].南京审计大学学报,2023,(2):

复制
分享
文章指标
  • 点击次数:
  • 下载次数:
  • HTML阅读次数:
  • 引用次数:
历史
  • 收稿日期:
  • 最后修改日期:
  • 录用日期:
  • 在线发布日期: 2023-04-24
  • 出版日期: