Research On The Influence Of Corporate Culture On Accounting Information Quality

Culture is rooted in people's thinking activities and decision-making processes according to the sociological research.Therefore,it has an impact on all aspects of economic activities.With the advancement of economic globalization and integration,the influence of culture has increasingly become a factor considered by the academic,industrial and government regulatory agencies when analyzing economic phenomena.Accounting,as a kind of management activity with the interaction of professional technology and economic society,is bound to be restricted and influenced by culture to a great extent,not only including the influence of tradition and custom on the formulation of accounting standards and systems,but also including the influence of social concepts and values on accounting information generation.Reviewing the existing literature,scholars at home and abroad mostly analyze the impact on the quality of accounting information from the perspective of national cultures at the macro level.The literature on the influence of microcosmic aspects of corporate culture on the capital market to study the quality of accounting information is still rare.In view of this,this paper adopts a textual analysis method,on the basis of identifying the corporate culture related to accounting work,uses the public information of listed companies to depict the strength of corporate culture.A sample of A-share listed companies on the main board of the Shenzhen Stock Market of 2014-2016 is taken as a sample was used to study the impact on the quality of accounting information.The research results show that:(1)The stronger corporate culture,the higher the quality of accounting information of the company generally;(2)Regardless of whether the state-owned or non-state-owned enterprises,the increase in corporate cultural intensity can significantly improve the quality of accounting information,and in non-state-owned enterprises,the role of corporate culture plays a greater role;(3)The effect of corporate culture on the quality of accounting information will be affected by regional culture,when the enterprise is in a region culture where the degree of uncertainty avoidance is high or the power distance is small,the corporate culture plays a more significant role.The above research conclusions indicate that the corporate culture with high intensity has a positive impact on the quality of corporate accounting information,it provides an analysis perspective and certain empirical evidence for the study of the factors affecting the quality of accounting information.At the end of this paper,we propose relevant suggestions for improving the quality of accounting information based on the construction of corporate culture at the national,corporate,and social levels:(1)Carry forward Chinese excellent traditional culture,taking into account legal constraints and moral guidance,and actively cultivate a culture that can adapt to the market economy.(2)Actively push forward the construction of corporate culture,guide the development of corporate culture in a virtuous circle.(3)Give full play to the external supervision function of the media.