摘要
富有竞争力的企业是经济高质量发展的微观基础和主力军,企业高质量发展需要高质量的金融资产结构配置。以2010—2020年在我国沪深两市上市公司为研究样本,探索金融资产配置对企业高质量发展的影响,以及内部控制如何调节金融资产配置对企业高质量发展的影响。研究发现:(1)金融资产配置显著降低了企业高质量发展水平。(2)在非国有企业中内部控制能够显著缓解金融资产配置对企业高质量发展的负向影响,而在国有企业中内部控制的正向调节作用不显著。(3)在东部、中西部地区企业金融资产配置对企业高质量发展的负向影响均显著;在东部地区,内部控制能够显著缓解金融资产配置对企业高质量发展的负向影响,而在中西部地区,内部控制无法缓解金融资产配置对企业高质量发展的负向影响,反而会加剧这种负向作用。
Competitive enterprises are the micro foundation and main force of high-quality economic development,and high-quality enterprise development requires high-quality financial asset structure allocation.Taking all listed companies in China’s Shanghai and Shenzhen cities from 2010 to 2020 as a research sample,the impact of financial asset allocation on the high-quality development of enterprises is explored,and how internal control can adjust the impact of financial asset allocation on the high-quality development of enterprises.The study found that:(1)the allocation of financial assets significantly reduced the Level of high-quality development of enterprises;(2)in non-state-owned enterprises,internal control of enterprises can significantly alleviate the negative impact of financial asset allocation on the high-quality development of enterprises;while in state-owned enterprises,the positive adjustment effect of internal control is not significant;(3)the negative impact of the allocation of financial assets of enterprises in the eastern and central and western regions on the high-quality development of enterprises is significant;the regulatory effect of internal control is not significant in the central and western regions,but significant in the eastern region.
作者
许志勇
宋泽
朱继军
李钟文
XU Zhiyong;SONG Ze;ZHU Jijun;LI Zhongwen(School of Accounting,Hubei University of Economics,Wuhan 430205,China;Hubei Centre for Accounting Development Research,Wuhan 430205,China;China Resources Pharmaceutical Commercial Group Co,Ltd,Beijing 100007)
出处
《中国软科学》
CSSCI
CSCD
北大核心
2022年第10期154-165,共12页
China Soft Science
基金
国家社会科学基金一般项目“资产结构错配与企业高质量发展的形成机理、作用机制与防控对策研究”(22BGL032)。
关键词
金融资产配置
企业高质量发展
内部控制
financial asset allocation
high-quality development of enterprises
internal control
