摘要
组织变革会诱发企业操纵前瞻性文本信息的形式与实质。本文运用文本分析技术,成功实现了汉语言情境下前瞻性文本信息形式与实质维度的量化,并聚焦组织变革的前沿问题——数字化转型,进而揭示二者之间的影响机理。研究发现:现阶段前瞻性文本信息中定量盈余信息的披露受到了转型的抑制,而转型引致的内部不确定性与外部投资者关注发挥了中介作用,且抑制效应在管理者过度自信、企业创新程度较低、行业竞争程度较高、经济政策不确定性较高的企业有所缓解。进一步分析发现:抑制效应并不作用于信息的形式,即转型企业主要操纵信息的实质;长期视角下,随着企业步入转型后期,最终会促进定量盈余信息的披露。本文全方位揭示了企业通过调整信息实质而非形式应对转型变革的影响,拓展了数字化背景下对前瞻性文本信息内部多维度协同操控的研究。
Organizational change can induce enterprises to manipulate the form and substance of forward-looking textual information.This paper uses text analysis to quantify the form and substance in the context of the Chinese language,focusing on the cutting-edge issue of organizational changedigital transformation-and further reveals the influencing mechanism between the two.The research findings show that the disclosure of quantitative earnings-re-lated information is inhibited by the transformation,and the internal uncertainty and external investor attention play a mediating role.Moreover,the effect is alleviated in enterprises with managerial overconfidence,with a low level of innovation,in a high level of industry competition,and in a high level of e-conomic policy uncertainty.Further analysis shows that the effect does not impact the form,meaning that transformation enterprises mainly manipulate the substance;as enterprises enter the later stages,they will eventually promote the disclosure of quantitative earnings-related information.
出处
《会计研究》
北大核心
2025年第3期30-43,共14页
Accounting Research
基金
国家自然科学基金青年项目(72002025)
辽宁省教育厅基本科研青年项目(JYTQN2023168)的资助。
关键词
前瞻性信息
未来发展展望
文本分析
数字化转型
Forward-Looking Information
Outlook for Future Development
Text Analysis
Digital Transformation
