The Impact of Industry-Finance Integration on the Performance of Intelligent Manufacturing Firm

Zeshuang Liu () and Panting Wang ()
Additional contact information
Zeshuang Liu: Xi’an University of Technology
Panting Wang: Xi’an University of Technology

A chapter in Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024), 2024, pp 27-38 from Springer

Abstract: Abstract The integration of industry and finance is being studied as a new mode of financial management due to the increasing complexity of enterprise operations and management brought about by the development of information technology in the manufacturing industry. This paper examines the impact of industry-finance integration on the performance of intelligent manufacturing enterprises using empirical analysis of annual report information and panel data from listed enterprises in Shanghai and Shenzhen A-shares between 2015 and 2021. A model for the intermediate variable is built using accounting information quality to study its influence path. The research shows that the integration of industry and finance can significantly improve the performance of intelligent manufacturing enterprises in China, and the implementation of industry and finance integration will inhibit the earnings management of enterprises from improving the quality of accounting information to improve enterprise performance. Enterprises should accelerate their financial transformation and drive the implementation of business-to-finance integration as a financial management model to meet the challenges of digitization.

Keywords: Integration of Industry and Finance; Accounting Information Quality; Enterprise Performance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-506-5_4

Ordering information: This item can be ordered from
http://www.springer.com/9789464635065

DOI: 10.2991/978-94-6463-506-5_4

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().