白酒上市公司知识产权信息披露对企业价值的影响

Effects of intellectual property information disclosure on the corporate value of listed Baijiu companies

该研究探讨了中国白酒上市公司的知识产权信息披露对其企业价值的影响。基于信号理论,分析了知识产权披露的方法和内容,以及不同行业在知识产权信息披露方面的差异。采用托宾Q值作为企业价值的衡量标准,分析知识产权信息披露对企业价值的影响。数据源自2010-2021年13家白酒上市公司,通过专家评分法评估其知识产权信息披露的质量。研究结果显示,知识产权信息披露的质量与企业价值呈正相关。这表明知识产权信息披露的质量越高,企业的价值越高。为了提升上市公司知识产权信息披露水平,从不同角度提出相关建议对策,统一披露术语和具体内容、制定白酒行业披露规则和建立官方信息共享平台;提高监管机构的监管质量和提高中介服务机构道德素养;加强企业知识产权管理和提高企业知识产权保护意识。

The effect of intellectual property information disclosure of Chinese Baijiu listed companies on their corporate value was explored.Based on signal theory,the methods and content of intellectual property disclosure,as well as the differences in intellectual property information disclosure among different industries were analyzed.Using Tobin's Q as the measurement standard of corporate value,the effect of intellectual property information disclosure on corporate value was analyzed.Data was collected from 13 Baijiu listed companies between 2010-2021,and the quality of their intellectual property information disclosure was evaluated through expert scoring.The results showed that a positive correlation between the quality of intellectual property information disclosure and corporate value,indicating that higher quality of intellectual property information disclosures were associated with higher corporate value.To enhance the level of intellectual property information disclosure in listed companies,various suggestions and countermeasures were proposed,such as unifying disclosure terminology and specific content,establishing Baijiu industry disclosure rules,creating official information-sharing platforms,improving the quality of regulatory oversight,enhancing the ethical standards of intermediary service agencies,strengthening corporate intellectual property management,and raising awareness of intellectual property protection within companies.