As an important part of the enterprise information system,accounting information plays a significant role in enterprise management decision-making,This study investigates the impact of accounting information quality o...As an important part of the enterprise information system,accounting information plays a significant role in enterprise management decision-making,This study investigates the impact of accounting information quality on corporate labor investment efficiency.Using a sample of Chinese listed firms,we show that higher accounting information quality is associated with higher labor investment efficiency(i.e.,a lower deviation of labor investment from the expected employment level justified by economic fundamentals).Firms with higher accounting information quality reduce underinvestment and overinvestment in labor by alleviating financial constraints and agency conflicts.Cross-sectional tests indicate that this effect is more pronounced among non-state-owned enterprises and firms with higher labor adjustment costs.The robustness test shows that our results are robust to alternative proxies,endogeneity concerns,and controls for non-labor investments.This study sheds light on how enterprise information systems influence management decision-making practices from the perspective of accounting information quality.展开更多
The comparison between nonprofit and for-profit organizations has been a lingering question for scholars and practitioners.This research explores employee wage differentials across sectors using a national sample of c...The comparison between nonprofit and for-profit organizations has been a lingering question for scholars and practitioners.This research explores employee wage differentials across sectors using a national sample of child care workforce.After controlling for a range of individual,occupational,organizational,and community factors,this research reports a significant wage premium for nonprofit child care teachers.In addition,this study finds evidence for both the labor donation and property rights hypotheses,but the property rights theory demonstrates comparatively stronger explanatory power.Although individuals with stronger intrinsic motivation are more willing to donate labor for charitable outputs,inefficient management in nonprofits actually sets wage levels over the market level.Overall,the study highlights nonprofits*comparative advantage in employee motivation but disadvantage in efficient management.The findings have implications for public and nonprofit management.展开更多
基金The authors thank the Editor and the anonymous reviewers for their constructive comments,which significantly improve the quality of this paper.This work is supported by the National Social Science Fund of China under Grant No.19BGL074.
文摘As an important part of the enterprise information system,accounting information plays a significant role in enterprise management decision-making,This study investigates the impact of accounting information quality on corporate labor investment efficiency.Using a sample of Chinese listed firms,we show that higher accounting information quality is associated with higher labor investment efficiency(i.e.,a lower deviation of labor investment from the expected employment level justified by economic fundamentals).Firms with higher accounting information quality reduce underinvestment and overinvestment in labor by alleviating financial constraints and agency conflicts.Cross-sectional tests indicate that this effect is more pronounced among non-state-owned enterprises and firms with higher labor adjustment costs.The robustness test shows that our results are robust to alternative proxies,endogeneity concerns,and controls for non-labor investments.This study sheds light on how enterprise information systems influence management decision-making practices from the perspective of accounting information quality.
文摘The comparison between nonprofit and for-profit organizations has been a lingering question for scholars and practitioners.This research explores employee wage differentials across sectors using a national sample of child care workforce.After controlling for a range of individual,occupational,organizational,and community factors,this research reports a significant wage premium for nonprofit child care teachers.In addition,this study finds evidence for both the labor donation and property rights hypotheses,but the property rights theory demonstrates comparatively stronger explanatory power.Although individuals with stronger intrinsic motivation are more willing to donate labor for charitable outputs,inefficient management in nonprofits actually sets wage levels over the market level.Overall,the study highlights nonprofits*comparative advantage in employee motivation but disadvantage in efficient management.The findings have implications for public and nonprofit management.
