Journal of Organizational and End User Computing · 2021 · 32 citations · 37 references
Financial PerspectiveAccounting TechnologyFinancing ConstraintsAccounting ProblemAccountingAccounting PracticeBusinessAudit RegulationAudit QualityBig Data AnalysisFinancial AccountingInformation QualityAccounting Information SystemsFinanceListed CompaniesAccounting Information QualityCorporate Innovation
This paper takes the listed companies in China from 2008 to 2017 as the research sample to study the relationship between accounting information quality (AIQ) and company innovation investment efficiency. The results show that AIQ is negatively correlated with both the underinvestment and overinvestment of corporate innovation. Further, AIQ can alleviate financing constraints and reduce the lack of innovation investment; At the same time, AIQ can also alleviate the agency conflict and reduce the excessive investment in innovation. Finally, AIQ can promote the innovation investment efficiency of companies with low information environment.
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