产品市场竞争、会计信息披露质量与企业价值

Product market competition,accounting information disclosure quality and enterprise value

选取深圳证券交易所主板上市公司2013—2015年的数据为样本,实证研究在不同产品市场竞争程度下,会计信息披露质量与企业价值之间的关系。结果发现:会计信息披露质量与企业价值呈正相关,相对于低竞争行业企业,高竞争行业企业会计信息披露质量对企业价值的正面影响更为显著。

This article selects the data of the Main Board of The Stock Exchange of Shenzhen Ltd. as sample from 2013 to 2015, and conducts an empirical study on the relationship between quality of accounting information disclosure and enterprise value under the different competition degree of product market. The results show that accounting information disclosure quality is positively related to enterprise value; and compared to the less competitive enterprises, the positive impact of accounting information disclosure quality on enterprise value is more significant.