论坛主题：CFO Characteristics, Ownership, and Capital Allocation in Business Group: Evidence from China

报告人：谭文浩  南京财经大学会计学院副教授

时间： 2019年5月16日(星期四)  1:30-3:30

地点：  必发9988集团大楼207教室

邀请部门： 会计学系、公司财务研究所

报告简介：

Based on the unique dataset of internal capital market operating within Chinese business groups from 2007 to 2012, this paper investigates the influence of CFO characteristics on the operating of internal capital markets. We found that, CFOs’ personal characteristics significantly influence the using and operating scale of internal capital markets. Specifically, CFOs’ salary of state-owned enterprises (SOEs) is positively associated with the scale of internal capital operation, while CFOs salary of private enterprises (PEs) is negatively associated with the scale of internal capital operation. Further, through the investigation of influence the power and working experience of CFOs have on the using and operation of internal capital market. It is found that when CFOs work as members of the board, or have financial working experience the operation scale of internal capital market will be significantly affected, and the effect is more significant in PEs.

报告人简介：

谭文浩，南京财经大学会计学院副教授，会计学博士。主要研究兴趣：集团公司财务、营运资金管理，相关成果发表在Emerging Markets Finance & Trade、 Journal of Modern Accounting and Auditing、 International Review of Economics & Finance 、等SSCI期刊上。现主持国家自然科学基金1项，教育部人文社会科学基金1项。2017年获杨纪琬会计学奖。