@article{ART003201818},
author={Ning Feng and Guozhen Song and Jaeyeon Sim},
title={The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs},
journal={Industry Promotion Research},
issn={2466-1139},
year={2025},
volume={10},
number={2},
pages={443-456},
doi={10.21186/IPR.2025.10.2.443}
TY - JOUR
AU - Ning Feng
AU - Guozhen Song
AU - Jaeyeon Sim
TI - The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs
JO - Industry Promotion Research
PY - 2025
VL - 10
IS - 2
PB - Industrial Promotion Institute
SP - 443
EP - 456
SN - 2466-1139
AB - The Specialized, Fined, Peculiar and Innovative(SFPI) "little giant" enterprises(SMEs) play an increasingly crucial role in driving high-quality economic development in China. High-quality accounting information not only affects corporate financing efficiency and costs but also directly determines market trust and long-term competitiveness. Based on information economics theory, this research adopts a two-way fixed-effects model and selects financial data from 651 SFPI small giant enterprises between 2020 and 2022 to examine the impact of accounting information quality on corporate high-quality development. The findings indicate that high-quality accounting information effectively reduces information asymmetry, enhances market resource allocation efficiency, and significantly improves firms' total factor productivity (TFP). Further analysis reveals that the timeliness, comparability, prudence, and reliability of accounting information positively contribute to corporate development, with a more pronounced impact in non-state-owned enterprises and capital-intensive industries.
KW - Accounting information quality;"little giant" SMEs;Enterprise development;Financial information;Information disclosure
DO - 10.21186/IPR.2025.10.2.443
ER -
Ning Feng, Guozhen Song and Jaeyeon Sim. (2025). The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs. Industry Promotion Research, 10(2), 443-456.
Ning Feng, Guozhen Song and Jaeyeon Sim. 2025, "The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs", Industry Promotion Research, vol.10, no.2 pp.443-456. Available from: doi:10.21186/IPR.2025.10.2.443
Ning Feng, Guozhen Song, Jaeyeon Sim "The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs" Industry Promotion Research 10.2 pp.443-456 (2025) : 443.
Ning Feng, Guozhen Song, Jaeyeon Sim. The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs. 2025; 10(2), 443-456. Available from: doi:10.21186/IPR.2025.10.2.443
Ning Feng, Guozhen Song and Jaeyeon Sim. "The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs" Industry Promotion Research 10, no.2 (2025) : 443-456.doi: 10.21186/IPR.2025.10.2.443
Ning Feng; Guozhen Song; Jaeyeon Sim. The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs. Industry Promotion Research, 10(2), 443-456. doi: 10.21186/IPR.2025.10.2.443
Ning Feng; Guozhen Song; Jaeyeon Sim. The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs. Industry Promotion Research. 2025; 10(2) 443-456. doi: 10.21186/IPR.2025.10.2.443
Ning Feng, Guozhen Song, Jaeyeon Sim. The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs. 2025; 10(2), 443-456. Available from: doi:10.21186/IPR.2025.10.2.443
Ning Feng, Guozhen Song and Jaeyeon Sim. "The Effect of Quality of Accounting Information on the High-quality Development of SFPI SMEs" Industry Promotion Research 10, no.2 (2025) : 443-456.doi: 10.21186/IPR.2025.10.2.443
