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Integration of Business and Finance on Enterprise Innovation Efficiency: Mediating Effect of Quality of Information Disclosure
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Hui LIU, Xiaotong PENG, Yuchen CHEN
Science Technology and Industry | 2025, 25(5) : 242 - 248
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Science Technology and Industry | 2025, 25(5): 242-248
Enterprise Application
Integration of Business and Finance on Enterprise Innovation Efficiency: Mediating Effect of Quality of Information Disclosure
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Hui LIU, Xiaotong PENG, Yuchen CHEN
Affiliations
  • School of Economics and Management, Baoji University of Arts and Sciences, Baoji 721013, Shaanxi, China
Published: 2025-03-10
Outline
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Taking the companies listed on the Shenzhen Stock Exchange from 2018 to 2022 as research objects, a two-way fixed-effects model was constructed to explore the relationship between IBF, quality of information disclosure and enterprise innovation efficiency through empirical analysis, and the main research hypotheses were tested for robustness. It is found that the implementation of IBF can significantly enhance the innovation efficiency of enterprises, and the quality of information disclosure plays a partial mediating role between IBF and enterprise innovation efficiency. The study provides a new perspective for understanding the association mechanism between IBF and enterprise innovation efficiency, which is of theoretical and practical significance for promoting enterprise innovation development.

the integration of business and finance  /  quality of information disclosure  /  enterprise innovation efficiency  /  mediating effect
Hui LIU, Xiaotong PENG, Yuchen CHEN. Integration of Business and Finance on Enterprise Innovation Efficiency: Mediating Effect of Quality of Information Disclosure[J]. Science Technology and Industry, 2025 , 25 (5) : 242 -248 .
Year 2025 volume 25 Issue 5
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Article Info
  • Receive Date:2024-09-19
  • Online Date:2025-07-21
  • Published:2025-03-10
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  • Received:2024-09-19
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Affiliations
    School of Economics and Management, Baoji University of Arts and Sciences, Baoji 721013, Shaanxi, China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
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Genus
种数
Number of
species
占总种数比例
Percentage of total
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鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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