The Impact of Industry-Finance Integration on the Performance of Intelligent Manufacturing Firm

--Based on the Mediating Effect of Accounting Information Quality

DOI

10.2991/978-94-6463-506-5_4How to use a DOI?

Keywords

Integration of Industry and Finance; Accounting Information Quality; Enterprise Performance

Abstract

The integration of industry and finance is being studied as a new mode of financial management due to the increasing complexity of enterprise operations and management brought about by the development of information technology in the manufacturing industry. This paper examines the impact of industry-finance integration on the performance of intelligent manufacturing enterprises using empirical analysis of annual report information and panel data from listed enterprises in Shanghai and Shenzhen A-shares between 2015 and 2021. A model for the intermediate variable is built using accounting information quality to study its influence path. The research shows that the integration of industry and finance can significantly improve the performance of intelligent manufacturing enterprises in China, and the implementation of industry and finance integration will inhibit the earnings management of enterprises from improving the quality of accounting information to improve enterprise performance. Enterprises should accelerate their financial transformation and drive the implementation of business-to-finance integration as a financial management model to meet the challenges of digitization.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zeshuang Liu
AU  - Panting Wang
PY  - 2024
DA  - 2024/09/02
TI  - The Impact of Industry-Finance Integration on the Performance of Intelligent Manufacturing Firm
BT  - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
PB  - Atlantis Press
SP  - 27
EP  - 38
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-506-5_4
DO  - 10.2991/978-94-6463-506-5_4
ID  - Liu2024
ER  -