参考文献 References
[1] 陈艳利, 梁田, 徐同伟. (2018). 国有资本经营预算制度、管理层激励与企业价值创造. 山西财经大学学报, 40(6), 89–100. https://doi.org/10.13781/j.cnki.1007-9556.2018.06.007
[2] Miller, M. H. (1958). The Cost of Capital, Corporation Finance and the Theory of Investment. The American Economic Review, 48, 261-297.
[3] 李雪婷, 宋常, 郭雪萌. (2017). 碳信息披露与企业价值相关性研究. 管理评论, 29(12), 175–184.https://doi.org/10.14120/j.cnki.cn11-5057/f.2017.12.016
[4] Chasiotis, I., Gounopoulos, D., Konstantios, D., & Patsika, V. (2024). ESG Reputational Risk, Corporate Payouts and Firm Value. British Journal of Management, 35(2).
[5] Bhuiyan, Md. B. U., Cheema, M. A., & Man, Y. (2020). Risk Committee, Corporate Risk-Taking, and Firm Value. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3681601
[6] 陶锋, 朱盼, 邱楚芝, 王欣然. (2023). 数字技术创新对企业市场价值的影响研究. 数量经济技术经济研究, 40(5), 68–91. https://doi.org/10.13653/j.cnki.jqte.20230310.010
[7] 曹春方, 蔡贵龙. (2023). 知识经济时代员工持股与企业价值——员工持股试点政策的准自然实验证据. 管理科学学报, 26(9), 41–62. https://doi.org/10.19920/j.cnki.jmsc.2023.09.003
[8] 雷新途, 姜君如. (2024). 经济政策不确定性、实体投资资产专用性与企业价值——来自中国上市公司的经验证据. 会计研究, (1), 122–138.
[9] 高佳, 荣鹰. (2022). 自然灾害对企业价值的实质影响——基于中国上市公司地震公告的事件研究. 管理科学学报, 25(4), 67–87. https://doi.org/10.19920/j.cnki.jmsc.2022.04.004
[10] 王晖, 谢申祥. (2024). 资本偏向型税收优惠政策与企业价值——来自固定资产加速折旧政策的经验研究. 南开经济研究, (1), 165–183. https://doi.org/10.14116/j.nkes.2024.01.010
[11] 杨洋, 魏江, 罗来军. (2015). 谁在利用政府补贴进行创新?——所有制和要素市场扭曲的联合调节效应. 管理世界, (1), 75–86, 98, 188.
[12] Brown, J. R., Martinsson, G., & Petersen, B. C. (2012). Do financing constraints matter for R&D? European Economic Review, 56(8), 1512–1529. https://doi.org/10.1016/j.euroecorev.2012.07.007
[13] 余明桂, 回雅甫, 潘红波. (2010). 政治联系、寻租与地方政府财政补贴有效性. 经济研究, 45(3), 65–77.
[14] Jain, P. K., & Rezaee, Z. (2006). The Sarbanes‐Oxley Act of 2002 and Capital‐Market Behavior: Early Evidence. Contemporary Accounting Research, 23(3), 629–654. https://doi.org/10.1506/2GWA-MBPJ-L35D-C4K6
[15] Doyle, J. T., Ge, W., & Mcvay, S. (2007). Accruals Quality and Internal Control over Financial Reporting. Accounting Review, 82(5), 1141–1170.
[16] Ashbaugh-Skaife, H., Collins, D. W., Kinney, W. R., & Lafond, A. R. (2010). The Effect of SOX Internal Control Deficiencies on Firm Risk and Cost of Equity. Journal of Accounting Research, 47(1), 1–43.
[17] Engel, E., Hayes, R. M., & Wang, X. (2007). The Sarbanes-Oxley Act and firms’ going-private decisions. Journal of Accounting & Economics, 44(1–2), 116–145.
[18] Zhang, I. X. (2007). Economic consequences of the Sarbanes–Oxley Act of 2002. Journal of Accounting and Economics, 44(1–2), 74–115. https://doi.org/10.1016/j.jacceco.2007.02.002
[19] Messod, Daniel, Beneish, Mary, Brooke, Billings, … Hodder. (2008). Internal Control Weaknesses and Information Uncertainty. Accounting Review.
[20] 张新民, 葛超, 杨道广, 刘念. (2019). 税收规避、内部控制与企业风险. 中国软科学, (9), 108–118.
[21] 杨志安. (2015). 《中国现阶段财政政策调控研究》. 沈阳: 辽宁大学出版社.
[22] 鄢姿俏, 李婉丽. (2023). 公平竞争审查与政府补贴竞争中性. 财经研究, 49(10), 124–138. https://doi.org/10.16538/j.cnki.jfe.20230517.302
[23] Czarnitzki, D., & Hottenrott, H. (2011). R&D investment and financing constraints of small and medium-sized firms. Small Business Economics, 36(1), 65–83. https://doi.org/10.1007/s11187-009-9189-3
[24] 杨震宁, 赵红. (2020). 中国企业的开放式创新:制度环境、“竞合”关系与创新绩效. 管理世界, 36(2), 139–160, 224. https://doi.org/10.19744/j.cnki.11-1235/f.2020.0027
[25] 陈红, 纳超洪, 雨田木子, 韩翔飞. (2018). 内部控制与研发补贴绩效研究. 管理世界, 34(12), 149–164. https://doi.org/10.19744/j.cnki.11-1235/f.2018.0040
[26] 陈钰芬, 陈锦颖, 范嵩盈. (2024). 政府研发补贴对创新资本错配的影响研究. 科研管理, 1–15.
[27] Amezcua, A. S., Grimes, M. G., Bradley, S. W., & Wiklund, J. (2013). Organizational Sponsorship and Founding Environments: A Contingency View on the Survival of Business-Incubated Firms, 1994–2007. Academy of Management Journal, 56(6), 1628–1654. https://doi.org/10.5465/amj.2011.0652
[28] Duhautois, R., Redor, D., & Desiage, L. (2015). Long Term Effect of Public Subsidies on Start-up Survival and Economic Performance: An Empirical Study with French Data. Revue d’économie industrielle, 11–41. https://doi.org/10.4000/rei.6063
[29] 王曙光, 梁爽. (2025). 政府创新补贴对企业创新的影响——兼论从财务补贴到制度补贴的转型. 改革, (1), 107–124.
[30] 韩乾, 洪永淼. (2014). 国家产业政策、资产价格与投资者行为. 经济研究, 49(12), 143–158.
[31] 池仁勇, 阮鸿鹏, 於珺. (2021). 新能源汽车产业政府补助与市场融资的创新激励效应. 科研管理, 42(5), 170–181. https://doi.org/10.19571/j.cnki.1000-2995.2021.05.019
[32] Jiang, F., & Kim, K. A. (2020). Corporate Governance in China: A Survey*. Review of Finance, 24(4), 733–772. https://doi.org/10.1093/rof/rfaa012
[33] Ashraf, M. (2024). Does automation improve financial reporting? Evidence from internal controls. Review of Accounting Studies. https://doi.org/10.1007/s11142-024-09822-y
[34] Yan, J., Hu, H., & Hu, Y. (2024). Does internal control improve enterprise environmental, social, and governance information disclosure? Evidence from China. Corporate Social Responsibility & Environmental Management, 31(5). https://doi.org/Does internal control improve enterprise environmental, social, and governance information disclosure? Evidence from China
[35] Cull, R., Li, W., Sun, B., & Xu, L. C. (2015). Government connections and financial constraints: Evidence from a large representative sample of Chinese firms. Journal of Corporate Finance, 32, 271–294. https://doi.org/10.1016/j.jcorpfin.2014.10.012
[36] Hellman, J. S., Jones, G., & Kaufmann, D. (2003). Seize the state, seize the day: State capture and influence in transition economies. Journal of Comparative Economics, 31(4), 751–773. https://doi.org/10.1016/j.jce.2003.09.006
[37] 陈骏, 徐捍军, 林婧华. (2021). 企业寻租如何影响审计意见购买? 会计研究, (7), 180–192.
[38] 杨道广, 王佳妮, 陈丽蓉. (2019). “矫枉过正”抑或“合理管控”?——内部控制在企业创新中的作用. 经济管理, 41(8), 113–129. https://doi.org/10.19616/j.cnki.bmj.2019.08.007
[39] 詹新宇, 王蓉蓉, 梁蓝心. (2024). 大道至简:“减证便民”提升企业价值了吗. 经济管理, 46(4), 175–191. https://doi.org/10.19616/j.cnki.bmj.2024.04.010
[40] 黎文靖, 郑曼妮. (2016). 实质性创新还是策略性创新?——宏观产业政策对微观企业创新的影响. 经济研究, 51(4), 60–73.
[41] 张新民, 葛超, 杨道广, 刘念. (2021). 税收规避、内部控制与会计欺诈. 中国会计评论, 19(1), 107–130.
[42] 郝凤霞, 郑婷婷. (2019). 产权性质、财政补贴与企业价值研究. 工业工程与管理, 24(4), 160–166. https://doi.org/10.19495/j.cnki.1007-5429.2019.04.021
[43] 宋加山, 赵锐锃, 郭婷婷. (2020). 基于中介效应模型的政府补贴、政治关联与民营上市企业价值研究. 软科学, 34(7), 82–87. https://doi.org/10.13956/j.ss.1001-8409.2020.07.14
[44] Lee, E., Walker, M., & Zeng, C. (2014). Do Chinese government subsidies affect firm value? ACCOUNTING ORGANIZATIONS AND SOCIETY, 39(3), 149–169. https://doi.org/10.1016/j.aos.2014.02.002
[45] 武咸云, 陈艳, 李秀兰, 李作奎. (2017). 战略性新兴产业研发投入、政府补助与企业价值. 科研管理, 38(9), 30–34. https://doi.org/10.19571/j.cnki.1000-2995.2017.09.004
[46] Chen, Y.-C., Fu, Y.-X., Qiao, Y., & Kuo, S.-M. (2023). Do Subsidy Policy and Transparency Impact Firm Value in the New Energy Industry? Evidence from Data Envelopment Analysis-Based Measurement of Corporate Subsidy Performance. SUSTAINABILITY, 15(13), 10319. https://doi.org/10.3390/su151310319
[47] Wu, Y., Zhang, Y., & Tian, L. (2023). Do Government R&D Subsidies Stimulate Corporate R&D Investment? Evidence from a Quasi-natural Experiment. Applied Economics Letters, 30(3), 280–284. https://doi.org/10.1080/13504851.2021.1983915
[48] 杨道广, 王金妹, 陈丽蓉. (2019). 内部控制能提升企业多元化价值吗?——来自我国非国有上市公司的经验证据. 审计与经济研究, 34(4), 33–43.
[49] Chen, H., Yang, D., Zhang, J. H., & Zhou, H. (2020). Internal controls, risk management, and cash holdings. Journal of Corporate Finance, 64, 101695. https://doi.org/10.1016/j.jcorpfin.2020.101695