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
  • [31] QUALITY OF FINANCIAL STATEMENTS, FINANCIAL CONSTRAINTS, AND INVESTMENT EFFICIENCY: EVIDENCE IN VIETNAM
    Hung Ngoc Dang
    Xuan Thanh Ngo
    JOURNAL OF ORGANIZATIONAL BEHAVIOR RESEARCH, 2020, 5 (02): : 99 - 113
  • [32] The relationship between firm investment and financial status
    Cleary, S
    JOURNAL OF FINANCE, 1999, 54 (02): : 673 - 692
  • [33] Does financial reporting quality affect the investment efficiency of listed textile sector firms in Pakistan? A myth or reality
    Zeeshan, Muhammad
    Han, Jiabin
    Rehman, Alam
    Ullah, Irfan
    Afridi, Fakhr E. Alam
    Rehman, Shams Ur
    INDUSTRIA TEXTILA, 2022, 73 (02): : 177 - 183
  • [34] The Effect of Financial Reporting Quality on the Investment Efficiency of the Company In 2007-2016 Listed on Indonesian Stock Exchange
    Dewi, Anita Silviana
    Ulpah, Maria
    VISION 2025: EDUCATION EXCELLENCE AND MANAGEMENT OF INNOVATIONS THROUGH SUSTAINABLE ECONOMIC COMPETITIVE ADVANTAGE, 2019, : 5476 - 5490
  • [35] FINANCIAL REPORTING QUALITY AND INVESTMENT IN SUSTAINABLE DEVELOPMENT - EVIDENCE FROM VIETNAM
    Anh Hoa Tran
    Hoang Oanh Le
    Hiep Thien Trinh
    PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON FINANCE AND ECONOMICS 2016, 2016, : 9 - 29
  • [36] Financial Reporting Quality, Investment Horizon, and Institutional Investor Trading Strategies
    Bushee, Brian J.
    Goodman, Theodore H.
    Sunder, Shyam V.
    ACCOUNTING REVIEW, 2019, 94 (03): : 87 - 112
  • [37] What Drives the Relationship Between Financial Flexibility and Firm Performance: Investment Scale or Investment Efficiency? Evidence from China
    Ma, Chun-Ai
    Jin, Yanbo
    EMERGING MARKETS FINANCE AND TRADE, 2016, 52 (09) : 2043 - 2055
  • [38] Relationship between Industrial Investment and Financial Investment: A System Dynamics Model
    Hu Junnan
    He Yiqing
    Xu Yang
    PROCEEDINGS OF 2009 CONFERENCE ON SYSTEMS SCIENCE, MANAGEMENT SCIENCE & SYSTEM DYNAMICS, VOL 2, 2009, : 253 - 257
  • [39] The Disclosure Effect of Sustainability Reporting and Financial Statements on Investment Efficiency: Evidence in Indonesia
    Amalia, Devina Rizky
    Triwacananingrum, Wijaya
    INDONESIAN JOURNAL OF SUSTAINABILITY ACCOUNTING AND MANAGEMENT, 2022, 6 (01) : 82 - 93
  • [40] The relationship between Earnings Forecasts Quality and Investment Efficiency by Focus of Financial Crisis among Listed Companies on Tehran Stock Exchange.
    Safari, Samira
    DILEMAS CONTEMPORANEOS-EDUCACION POLITICA Y VALORES, 2019, 6
12345