The Relationship between Financial Reporting Quality and Investment Efficiency

被引：0
|
作者：
Chen, Qi [1 ]
Zheng, Shengnan [1 ]
Mou, Wen [1 ]
机构：
[1] Sichuan Univ, Sch Business, Chengdu, Sichuan, Peoples R China
来源：
PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON ECONOMICS, MANAGEMENT, LAW AND EDUCATION (EMLE 2017) | 2017年 / 32卷
关键词：
financial reporting quality; investment efficiency; principal-agent relationship; information asymmetry; CASH FLOW; FIRM;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Investment activities is one of the core financial activities in enterprises, and the financial report, which quality is closely related to the investment efficiency, is the window of knowing the management state. This paper, from the implication of financial reporting quality and investment efficiency angle, hackles the effect of the financial reporting quality on the efficiency of investment. The paper also analyzes the internal mechanism of high-quality financial reporting quality govern the inefficient investment in the frame work of the principal-agent theory and information asymmetry theory. Hereby, we can understand the significance of the high-quality financial report and improve the efficiency of investment.
引用
收藏
页码：464 / 467
页数：4
相关论文
共 50 条
  • [11] Financial Reporting Quality, Free Cash Flow, and Investment Efficiency
    Wang, Fusheng
    Zhu, Zhibiao
    Hoffmire, John
    ICMETM 2015 - INTERNATIONAL CONFERENCE ON MODERN ECONOMIC TECHNOLOGY AND MANAGEMENT, 2015, 17
  • [12] How does financial reporting quality relate to investment efficiency?
    Biddle, Gary C.
    Hilary, Gilles
    Verdi, Rodrigo S.
    JOURNAL OF ACCOUNTING & ECONOMICS, 2009, 48 (2-3): : 112 - 131
  • [13] Financial reporting quality, family ownership, and investment efficiency An empirical investigation
    Shahzad, Faisal
    Rehman, Ijaz Ur
    Colombage, Sisira
    Nawaz, Faisal
    MANAGERIAL FINANCE, 2019, 45 (04) : 513 - 535
  • [14] The interplay of financial reporting quality and investment efficiency: evidence from the USA
    Assad, Nedal
    Jaafar, Aziz
    Zervopoulos, Panagiotis D.
    JOURNAL OF FINANCIAL REPORTING AND ACCOUNTING, 2023,
  • [15] Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets
    Chen, Feng
    Hope, Ole-Kristian
    Li, Qingyuan
    Wang, Xin
    ACCOUNTING REVIEW, 2011, 86 (04): : 1255 - 1288
  • [16] The association between human resource investment in IT controls over financial reporting and investment efficiency
    Choi, Dongjoon
    Lee, Hansol
    Lee, Ho-Young
    Park, Hyun-Young
    INTERNATIONAL JOURNAL OF ACCOUNTING INFORMATION SYSTEMS, 2021, 43
  • [17] The influence of financial reporting quality and audit quality on investment efficiency Evidence from Pakistan
    Shahzad, Faisal
    Rehman, Ijaz Ur
    Hanif, Waqas
    Asim, Ghazanfar Ali
    Baig, Mushahid Hussain
    INTERNATIONAL JOURNAL OF ACCOUNTING AND INFORMATION MANAGEMENT, 2019, 27 (04) : 600 - 614
  • [18] How does financial reporting quality mediate ESG performance to investment efficiency?
    Maiyarni, Reka
    Utama, Sidharta
    Djakman, Chaerul D.
    Mita, Aria Farah
    INTERNATIONAL JOURNAL OF ETHICS AND SYSTEMS, 2024,
  • [19] Impact of financial reporting quality on investment efficiency and role of investor protection in frontier markets
    Khan, Muhammad Azhar
    Irfan, Saadia
    Naveed, Samina
    REVIEW OF ACCOUNTING AND FINANCE, 2024, 23 (05) : 598 - 620
  • [20] Financial Reporting, Auditing, Analyst Scrutiny, and Investment Efficiency
    Chan, Derek K. W.
    Liu, Nanqin
    ACCOUNTING REVIEW, 2022, 97 (05): : 163 - 188
12345