Research On Accounting Information Quality,M&A And Investment Efficiency Of Landscape Industry

After the MM theory was proposed,capital structure and investment efficiency have gradually become the focus of academic research.How to improve the capital structure of enterprises and improve the efficiency of investment has also become a realistic problem that enterprises have to face.Therefore,through empirical research,many scholars have found that the factors affecting investment efficiency are not only the shareholding structure and cash flow,but also the quality of accounting information.With the globalization of the world economy,mergers and acquisitions between enterprises have become more frequent.High-quality accounting information has become an important prerequisite to protect the rights and interests of both sides and the research on the relationship among accounting information quality,merger and acquisition and investment efficiency has become more realistic.Combined with relevant literature,this paper will focus on the process from accounting information quality to merger and acquisition decision to investment efficiency.Through the analysis of the function of each variable at the time point of the merger of bada garden with ecobeauty,this paper will study the relationship between accounting information quality,M&A and investment efficiency to puts forward feasible suggestions for the physical investment behavior of the case company and the landscape industry.Based on the above research ideas,this paper will study the accounting information quality,merger and acquisition and investment efficiency of the case company through literature research and case analysis.Firstly,this paper will provide theoretical basis for the following case analysis by reviewing the literature on accounting information quality,M&A and investment efficiency at home and abroad.Second,the case introduction,analyzing the background of the case from the industry level,the company level to the case level,to provide a factual basis for the case analysis.Then,the case study,Through the case study method,this paper studies the mechanism of accounting information quality acting on merger and acquisition decision-making in the case,and analyzes the impact of merger and acquisition decision-making on investment efficiency,so as to improve the mechanism of accounting information quality,merger and acquisition decision-making,and investment efficiency in the case.Finally is the conclusion and suggestion,through case studies and literature research,this paper draw the conclusion: improve the quality of accounting information can reduce the risk of mergers &acquisitions caused by the information asymmetry,improve the financial performance and cash flow after M&A decision-making,and the inefficient investment situation caused by cash flow fracture.This provides a specific case basis for the study on the relationship between accounting information quality,merger and acquisition and investment efficiency,broadens the scope of the study,and provides a new perspective for enterprises to improve investment efficiency.