The Impact Of Accounting Information Quality On Innovation Based On Corporate Governance

Recently,china strongly advocates innovation,which inspires people's enthusiasm for innovation.However,China's innovation input and output is still at a low level,which poses difficulties for the sustained and healthy development of the Chinese economy.Starting from the field of accounting,this paper attempts to explore the factors to promote the technological innovation of enterprises under corporate governance,hoping to make a modest contribution to the development of technological innovation of Chinese enterprises.Through the combing of the literatures,accounting information,as the most important financial information announced by enterprises,is an important carrier for effective communication between enterprises and external investors.It also alleviates information asymmetry between internal and external enterprises.Technological innovation is different from ordinary innovation,and it emphasizes the role of innovationoriented enterprises in the innovation process.As one of the most important factors in enterprise management,corporate governance not only provides a governance environment for the generation and transmission of accounting information,but also provides a strong guarantee for the investment of technological innovation.Thus,starting from the overall level of corporate governance and executive compensation,this paper uses factor analysis,correlation analysis and regression analysis and other empirical research methods.Then this paper investigates the influence of corporate governance level and executive compensation on enterprise technological innovation and the moderate role of corporate governance level and executive compensation in the process of accounting information quality affecting enterprise technological innovation.The reason why executive compensation is chosen among many dimensions of corporate governance is that the salary incentive situation of managers will directly affect the investment decisions of managers in technological innovation.That is,executive compensation is of great significance in improving technological innovation in enterprises.This paper not only enriches the factors that affect the technological innovation of enterprises in theory,but also further perfects the process research that the quality of accounting information affects the technological innovation of enterprises.In practice,it is helpful to improve the quality of accounting information,to allocate capital efficiently in the market,and to improve the investment of technological innovation.The research results show that the quality of accounting information positively affects technological innovation of enterprises.The level of corporate governance positively affects technological innovation of enterprises.The executive compensation is positively affecting enterprise technology innovation.When the company is in a low level of governance,the technological innovation will rely more on high-quality accounting information,and when the company is in a low level of executive compensation,the technological innovation will rely more on high-quality accounting information.