无形资产会计准则改革对制造业上市公司R&D投入的影响

The Impact of Accounting Standards Reform of Intangible Assets on R&D Investment of Listed Companies in Manufacturing Industry

本文基于企业的异质性特征,结合中国制造业上市公司相关数据,探讨无形资产会计准则改革对制造业上市公司R&D投入的影响。结果发现,无形资产会计准则改革能够显著促进企业的R&D投入。具体来说,无形资产会计准则改革虽对不同规模企业的促进作用差异不明显,但对年长企业和高新行业的企业具有更显著的促进作用。因而,无形资产会计准则改革的实施效果得到了验证,会计准则在完善过程中应根据企业的异质性特征而做出相应调整。

Based on the heterogeneity of enterprises and the data of listed companies in China's manufacturing industry, this paper discusses the impact of intangible assets accounting standards reform on R&D investment of listed companies in manufacturing. It is found that the reform of accounting standards for intangible assets can significantly promote R&D investment of enterprises. Specifically, the difference in the promotion of intangible assets accounting standards for different scale enterprises is not obvious, but it has a more significant role in promoting older enterprises and enterprises belonging to high-tech industries. Therefore, the implementation effect of the intangible assets accounting standards reform has been verified, and the improvement process of accounting standards should be adjusted according to the heterogeneity characteristics of enterprises.