摘要
提升金融资源使用效率助力我国经济高质量发展是新发展理念下深化金融改革的应有之义。本文基于省以下审计机关人财物管理改革试点背景,以2010—2021年省以下地方国有上市公司为研究样本,考察国家审计改革对地方国有企业长期贷款使用效率的影响。研究发现,国家审计改革显著提升了地方国有企业长期贷款的使用效率,其影响机制主要为规范政府干预和降低企业代理成本。进一步研究发现,干部人事、机构编制、经费资产管理的审计改革力度越大,对地方国有企业长期贷款使用效率的提升效果越好。对处于低银行竞争度地区和低竞争度行业的地方国有企业,以及机构投资者持股比例低和内部控制质量低的地方国有企业而言,国家审计改革提升其长期贷款使用效率的效应更为明显。本文研究结论为释放和提升国家审计监督效能、优化金融资源配置效率、推动经济高质量发展提供了重要启示。
Improving the efficiency of financial resource utilization to support high-quality economic development in China is a necessary step in deepening financial reform under the new development concept.Based on the background of the human,financial and material management reform of audit institutions below the provincial level,this paper takes local state-owned listed companies below the provincial level as the research sample from 2010 to 2021,and examines the impact of national audit reform on the utilization efficiency of long-term loans in local state-owned enterprises.This paper finds that the national audit reform can improve the utilization efficiency of long-term loans in local state-owned enterprises,and its influence mechanism mainly involves regulating government intervention and reducing enterprise agency costs.Further research finds that the stronger the audit reform measures in cadre personnel,organizational structure,and fund asset management,the better the effect on improving the utilization efficiency of long-term loans in local state-owned enterprises.it enhances the utilization efficiency of long-term loans in local state-owned enterprises.For local state-owned enterprises located in areas with lower bank competition and industries with lower competition,as well as those with lower institutional investor shareholding and lower internal control quality,the effect of national audit reform on improving their long-term loans utilization efficiency is more significant.The research conclusion provides important insights for releasing and enhancing the efficiency of national audit supervision,optimizing the efficiency of financial resource allocation,and promoting high-quality economic development.
作者
伍伦
WU Lun(School of Accounting,Southwestern University of Finance and Economics,Chengdu 611130,China)
出处
《中南财经政法大学学报》
北大核心
2024年第5期16-29,共14页
Journal of Zhongnan University of Economics and Law
基金
国家自然科学基金面上项目“中国投资者保护公益组织运行效果与机制研究——基于并购重组中投服中心行权视角”(72272123)
国家自然科学基金重点国际合作研究项目“大数据背景下会计信息促进实体经济发展的关键路径与机制研究”(72010107001)。
关键词
国家审计
人财物管理改革
地方国有企业
长期贷款
资金使用效率
National Audit Reform
Human,Financial and Material Management Reform
Local State-owned Enterprises
Long-term Loans
Utilization Efficiency of Funds