摘要
基于年报文本信息披露质量视角,研究企业数字化转型与年报可读性之间的关系。研究发现企业数字化转型显著改善了年报可读性。机制检验显示,提升公司内部治理水平和增强分析师对企业的监督力度是数字化转型提升年报可读性的主要渠道。异质性分析发现数字化转型对年报可读性的提升作用在国有属性、管制行业及经济政策不确定性低的公司中更为显著。本研究不仅丰富了数字化转型理论研究,也为改善企业文本信息披露质量提供了经验证据。
Based on the quality of annual report text information disclosure,the study found that digital transformation of enterprises significantly improved the readability of annual reports.Mechanism test shows that improving internal and external corporate governance is the main channel for digital transformation to improve the readability of annual reports.Heterogeneity analysis found that the improvement effect of digital transformation on annual report readability was more significant in companies with low state ownership,regulated industries and economic policy uncertainty.This study not only enriched the theoretical research of digital transformation,but also provided empirical evidence for improving the quality of corporate text information disclosure.
出处
《投资研究》
CSSCI
北大核心
2024年第2期121-144,共24页
Review of Investment Studies
关键词
企业数字化转型
文本信息披露
年报可读性
公司治理
Enterprise digital transformation
Text information disclosure
Annual report readability
Corporate governance
