Top Management Team Characteristics, Accounting Information Quality and Enterprise Investment Efficiency

DOI

10.2991/assehr.k.211122.118How to use a DOI?

Keywords

Top management team characteristics; Enterprise inefficient investment; Accounting information quality

Abstract

The purpose is to study the influence of top management team characteristics (i.e., top management team size, education level and average tenure) on enterprise inefficient investment, and the joint effect of top management team characteristics and accounting information quality on inefficient investment. Based on the empirical analysis and test of non-financial listed companies in China from 2010 to 2019, it was concluded that the top management team size, education level and average tenure were all negatively correlated with inefficient investment. Moreover, the interaction between top management background characteristics and accounting information quality had a negative impact on inefficient investment. This work supplemented the influencing factors and ways of enterprise investment efficiency and offered a theoretical basis for Chinese enterprises to select and train senior managers and improve accounting information quality.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Zemin Cui
AU  - Zhuyun Chen
AU  - Chun Lu
PY  - 2021
DA  - 2021/11/23
TI  - Top Management Team Characteristics, Accounting Information Quality and Enterprise Investment Efficiency
BT  - Proceedings of the 7th International Conference on Social Science and Higher Education (ICSSHE 2021)
PB  - Atlantis Press
SP  - 366
EP  - 371
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211122.118
DO  - 10.2991/assehr.k.211122.118
ID  - Cui2021
ER  -