The influence of accounting information quality on capital allocation efficiency of the high-tech enterprises in Henan province

Abstract

Accounting information quality has a great influence on resource allocation efficiency. This paper takes the high-tech enterprises in Henan province as the research sample from 2014 to 2016 and carries out descriptive statistics, correlation analysis and regression analysis of the impact of accounting information quality on resource allocation efficiency. Basing on the conclusion of empirical analysis, some suggestions such as improving the disclosure of accounting information, obtaining reasonable debt funds, strengthening internal management of enterprises, strengthening the guiding of the government and etc are put forward.