The late funding project of the National Social Science Fund was approved

On February 6, 2023, the National Office of Philosophy and Social Sciences announced the list of projects funded by the National Social Science Fund in 2022. The "Research on the Governance Role of Shareholders' Meeting and Protection of Small and medium-sized Investors" project declared by Professor CAI Ning of the Accounting Development Research Center of Xiamen University was approved as a general project.

As one of the main categories of National Social Science Fund projects, the late project of the National Social Science Fund mainly supports outstanding academic achievements in philosophy and social science research that have been basically completed but not yet published, aiming to encourage the majority of philosophy and social science workers to carry forward the fine style of study, devote themselves to research and solid research, and strive to introduce excellent works with academic inheritance and innovation value. We will train a group of outstanding young scholars and give full play to the exemplary and guiding role of the National Social Science Fund in the prosperity and development of philosophy and social sciences.

"Intermediate Financial Accounting" was awarded as the 2022 provincial curriculum Ideological and political demonstration project

Fujian Provincial Department of Education announced the list of 2022 Provincial curriculum Ideological and political demonstration projects, according to Fujian Education High [2022] 37 document, my center Professor CAI Ning responsible for "Intermediate financial accounting" was awarded as 2022 provincial curriculum ideological and political demonstration project.

Intermediate Financial Accounting is a core course for accounting majors and a first-class course in Fujian Province in 2019. Through the study of this course, students can understand the accounting standards and accounting system of our country, on the basis of understanding the basic theory of financial accounting, and master the accounting treatment of enterprise economic business. This course aims to build a three-way education pattern with the guiding teaching, curriculum and textbook system of socialism with Chinese characteristics in the new era and the excellent traditional culture of the Chinese nation, and cultivate high-level innovative accounting talents with firm ideals and convictions, solid professional knowledge, and global responsibility and social responsibility.

The Accounting Development Research Center of Xiamen University earnestly implements the Guiding Outline for Curriculum Ideological and Political Construction in Colleges and Universities, promotes the high-quality construction of curriculum ideological and political construction, promotes the professional construction and curriculum ideological and political construction to go in the same direction, focuses on professional characteristics and educational requirements, scientifically designs curriculum objectives and lesson plan courseware, organically integrates ideological and political education into curriculum teaching, and achieves the effect of educating people silently.

National Natural Science Foundation of China Major project "Institutional Change, Informal institutional Factors and Accounting and Auditing behavior" [71790602] successfully concluded

On March 13, 2023, the Management Science Department of the National Natural Science Foundation of China held a concluding review meeting of the major project "Research on Key Scientific Issues of Accounting Audit and Corporate Finance Based on Chinese Scenarios" in Beijing. Professor Du Xingqiang, Department of Accounting, Xiamen University, Xiamen University Accounting Development Research Center, as the person in charge, delivered the concluding report on behalf of the National Natural Science Foundation Major project project "Institutional Change, Informal institutional Factors and Accounting and Auditing Behavior Research group". Members of the research group, Professor Liu Feng and Professor CAI Ning, director of the Accounting Development Research Center of Xiamen University, attended the meeting.

Through the concluding review and exchange, the review expert group unanimously agreed that the National Natural Science Foundation's major project "Research on Institutional change, Informal Institutional Factors and accounting and auditing behavior" [71790602] had completed the concluding acceptance, and the closing performance was "excellent".

National Natural Science Foundation of China key project "Enterprise Investment and Financing and Risk Management in the Age of Digital Intelligence" exchange symposium was held in Xiamen University

On the afternoon of February 17, 2023, the National Natural Science Foundation's key project "Enterprise Investment and Financing and Risk Management in the Era of Digital Intelligence" exchange symposium was held in Room 502, Jiageng Building 2, Xiamen University. Professor Liu Feng, Moderator of the project, Director of the Accounting Development Research Center of Xiamen University, Doctoral Supervisor of the Department of Accounting, School of Management, Xiamen University, Members of the research group Dr. Zhang Fan, founder of Shanghai Aimang Information Technology Co., LTD., Associate Professor Liu Yuanyuan, Associate Professor Fang Bin, Assistant Professor Li Shengnan, Assistant Professor He Yuan, Assistant Professor Li Sman, Assistant Professor Zhai Weihuan and doctoral and master students of Xiamen University attended the meeting.

This conference adopts the method of combining online and offline, sponsored by the Accounting Development Research Center of Xiamen University, the key research base of Humanities and Social Sciences of the Ministry of Education, and supported by the key project of National Natural Science Foundation "Enterprise Investment, Financing and Risk Management in the Age of Digital Intelligence" [project No. 72232007].

The symposium was chaired by Professor Liu Feng. After Professor Liu Feng briefly explained the main background of this research and the purpose of this exchange forum, Dr. Zhang Fan shared his eyes on enterprise investment and financing and risk management in the era of digital intelligence. Dr. Zhang Fan first analyzed the nature of digital intelligent transformation from his own investment banking experience, pointing out that the goal of digital intelligent transformation is to improve management efficiency, reduce business risks, and provide digital support for innovation. Dr. Zhang believes that in the era of digital intelligence, enterprises should seek profits from "numbers" and space from "numbers". At the same time, Dr. Zhang Fan pointed out that the core direction of the development of digital intelligence is artificial intelligence, and the application of artificial intelligence will replace some of the work of people, and demonstrated the application of ChatGPT to everyone, which triggered a heated discussion. Further combined with the research data, Dr. Zhang Fan pointed out that the investment in digital intelligence of enterprises in China is relatively low, and the whole is still in the initial stage of digital intelligence transformation. Then, taking public funds and securities companies as examples, Dr. Zhang introduced the digital intelligence structure and operation of the securities and futures industry, which provided a specific scenario for the research group to better understand the digital intelligence and its application, and helped the members of the research group to study the financial behavior and risk management of enterprises under the digital intelligence environment in a more targeted way.

After the sharing, the participants had a heated discussion on what digital intelligence has brought to the enterprise and the impact of artificial intelligence on people, and Dr. Zhang Fan shared his views on these issues. Professor Liu Feng thanked Dr. Zhang Fan for his sharing and concluded his speech. The symposium ended with warm applause.

Professor Du Xingqiang was selected as one of the most Cited Scholars in China by Elsevier 2022

On March 28, 2023, Elsevier released the list of Highly Cited Chinese Researchers 2022, and Professor Du Xingqiang was selected as "Elsevier 2022 Highly Cited Chinese Researchers (Business Administration)".

The first-class course construction case of "Management Accounting" was selected as the special prize case of Fujian Province "Ten Years Typical Case of MOOCs"

In March 2023, Fujian Province announced the results of the 2023 "MOOCs 10 years Typical Case" collection, Professor Guo Xiaomei of the Department of Accounting of Xiamen University "Technology empowerment, story exciting - Innovative Application of Management Accounting MOOCs" was selected as the special prize case of Fujian Province "MOOCs 10 Years Typical Case", and recommended the "Management Accounting universities Online Open course Alliance Joint meeting.

The MOOCs corresponding to this case, Management Accounting, won the first batch of national first-class undergraduate courses (online first-class courses) in 2020. By December 2022, it has been opened for 9 semesters, and nearly 65,000 people have enrolled in courses. In May 2022, it was selected by the Central Propaganda Department as a MOOC resource to include learning power as a public welfare display, with 134,942 plays and 8107 likes, forming an effective demonstration of new form of teaching reform and playing an important leading and demonstration role. With MOOCs as the center, this case has formed a multi-level three-dimensional innovative application system, including audio lessons, new form of teaching materials (including micro-lessons), online experiments, offline discussions, etc., which can improve students' practical operation ability through technology. Ideological and political introduction to cultivate students' professional quality; Stories stimulate students' interest in learning.

Many professors of our center won the 12th Xiamen Social Science Outstanding Achievement Award

On February 24, 2023, the Xiamen Municipal People's Government issued a list of Xiamen's 12th outstanding social science achievements. Professor You Jiaxing of the Center and his team co-authored "Running Water is not rotten, No Hinge is not moth: Innovative Local government and high-quality Economic Development: Based on the research perspective of zombie Enterprises" won the second prize; Co-authored by Professor Du Xingqiang and his team, Independent Director Rehiring and Corporate Violations: "Learning Effect" or "Relationship Effect"? Won the third prize; "Do Cultural Differences Affect M&A Performance -- A Study Based on Dialect Perspective" written by Professor CAI Ning of the Center won the third prize; "Research on the Relationship between Labor Protection System and Corporate Capital Structure -- Based on Empirical Evidence from China's Capital Market" co-authored by Professor Huang Bingyi and his team won the third prize. "Controlling Shareholder Equity Pledge and Enterprise Innovation Investment" co-authored by Professor Li Changqing and his team won the third prize, and "Analysis and Suggestions on the Status Quo of State-owned Enterprise Mixed Ownership Reform in Fujian Province" co-authored by Professor Wang Lihong and his team won the third prize.

Associate Professor Liu Xinming and her team published a paper on Accounting Research

In 2022, the paper "Supervisors' Voluntary Resignation and Auditor Change" co-authored by Associate Professor Liu Xinming and his team was published in the academic journal Accounting Research. This article is signed by the Accounting Development Research Center of Xiamen University

Assistant Professor Meng Qingxi and his team published a paper in "Foreign Economy and Management"

In December 2022, Assistant Professor Meng Qingxi of our Center co-authored a paper "Does Company violation Affect Regional reputation? Research based on the market reaction of listed companies in the region "was published in Foreign Economics & Management. This article is signed by the Accounting Development Research Center of Xiamen University.

Our center Professor Zhang Guoqing and his team published a paper in "Friends of Accounting"

In February 2023, the paper "Military Equipment Asset Management and Accounting: International experience and Reference" co-authored by Professor Zhang Guoqing and his team was published in the "Friends of Accounting". This article is signed by the Accounting Development Research Center of Xiamen University.

Our center Professor Qu Xiaohui and his team published a paper in "Finance and Accounting"

In January 2023, the thesis "Some Problems of the Professional Degree of Doctor of Accounting" written by Professor Qu Xiaohui and Professor Zhang Guohua of our Center was published in Finance and Accounting.

In addition, Professor Luo Jinhui and his team published papers on "Family Naming and Family Firm Risk Taking" in the Journal of Management Science, "Green Governance Effects of Pro-clean government-Business Relations: Evidence from green Innovation" in the Journal of Finance Monthly, and "Business Performance of second-generation Family Heirs" in the Journal of Management Review. Research based on gender differences ", "Common Shareholders and corporate governance convergence" in Systems Engineering Theory and Practice and "ESG Performance and long-term orientation of family firms" in Finance and Trade Research; Professor Zhang Guoqing's team published a paper "Corporate environmental governance and cash Holdings: Based on the dual dimensions of process and Outcome" in the Journal of Finance and Accounting Monthly. Professor You Jiaxing and his team published a paper in Economics (Quarterly) titled "Look New: Fintech and Bank Performance: An Empirical Study of 8227 bank Branches".

The 2023 Spring Academic Symposium of Contemporary Accounting Review was held in Xiamen University

On March 24, 2023, the 2023 Spring Academic Seminar of Contemporary Accounting Review was held offline (online synchronous) in Xiamen. This symposium is designed to focus on thought-first, problem-oriented, high-impact research to help people better understand this digital age.

A total of 277 experts, scholars, teachers and students (176 online and 101 offline) from 101 sibling universities including the Chinese University of Hong Kong (Shenzhen), City University of Macau, Macau University of Science and Technology, Durham University), Tsinghua University, Fudan University, Shanghai Jiao Tong University, Tongji University, Sun Yat-sen University, Xi 'an Jiaotong University, Harbin Institute of Technology, Sichuan University, Chongqing University, Shandong University, Hunan University, Jilin University, Huazhong University of Science and Technology, East China Normal University, Central South University, Dalian University of Technology, Lanzhou University, Ocean University of China, Northeastern University, Xiamen University, Southern University of Science and Technology, Anhui University of Finance and Economics, North China University of Technology, Beijing Technology and Business University, Beijing Jiaotong University, Beijing Institute of Petrochemical Technology, Beijing Foreign Studies University, Chang 'an University, Chongqing Technology and Business University, Chongqing University of Technology, Dongbei University of Finance and Economics, Northeast Normal University, Fujian Institute of Engineering, Fuzhou University, Guangdong Polytechnic Normal University, Guangdong Institute of Finance, Guangxi Foreign Studies University, Guangzhou Technology and Business College, Guizhou University of Finance and Economics, Hanjiang Normal University, Hangzhou Dianzi University, Hebei University, Hebei University of Technology, Hebei Agricultural University, Henan University of Economics and Law, Henan University, Henan Polytechnic University, Heilongjiang University, Hubei Normal University, Hunan University of Technology, Huaqiao University, Huazhong Agricultural University, Jilin University of Finance and Economics, Jimei University Jinan University, Jianghan University, Jiangnan University, Jiangxi University of Finance and Economics, Jiangxi Normal University, Jiangxi Wuyuan Tea Vocational College, Lanzhou University of Finance and Economics, Minjiang University, Nanjing Audit University, Nanjing University of Posts and Telecommunications, Inner Mongolia University of Finance and Economics, Ningbo University of Nottingham, Shandong University of Finance and Economics, Shandong College of Management, Shandong Vocational College of Science and Technology, Shanghai University of Finance and Economics, Shanghai International Economic and Trade University, Shanghai Lixin University of Accounting and Finance, Shenzhen University, Shihezi University, Shijiazhuang Tiedao University, Capital University of Economics and Business, Sichuan Minzu College, Taiyuan University of Technology, Tianjin University of Finance and Economics, Tianjin University of Technology, Wuhan University of Technology, Xi 'an International Studies University, Northwest University, Xihua University, Southwestern University of Finance and Economics, Southwest University, Southwest Jiaotong University, Yunnan University of Finance and Economics, Yunnan University, Zhanjiang University of Science and Technology, Zhejiang University of Finance and Economics, Zhejiang Gongshang University, China University of Political Science and Law, China Women's University, Zhongnan University of Economics and Law, South-Central University for Nationalities and Central University of Finance and Economics attended the conference.

The conference was co-sponsored by the Accounting Development Research Center of Xiamen University, the Key Research Base of Humanities and Social Sciences of the Ministry of Education, and the Department of Accounting of the School of Management of Xiamen University, co-organized by the Xiamen Cross-Straits Accounting Cooperation and Exchange Promotion Association, and supported by the School of Management of Xiamen University.

The meeting scene

The seminar was presided over by Professor Liu Feng, director of the Accounting Development Research Center of Xiamen University, chief editor of Contemporary Accounting Review and Department of Accounting of Xiamen University.

Professor Liu Feng

At the opening ceremony, Huang Shoufeng, Deputy Director of Social Science Department of Xiamen University, and Professor Yu Lisheng, Deputy dean of School of Management, delivered speeches successively. Director Huang spoke highly of the significance of holding this seminar. The arrival of the digital era has redefined the business model and posed new challenges to the theory of finance and accounting. Professor Yu introduced the long history of business of Xiamen University, thanked and welcomed all the experts, scholars and students online and offline, and expressed his best wishes for the success of the conference.

Deputy Director Huang Shoufeng

Deputy Dean Yu Lisheng

After the opening ceremony, the conference entered the theme report, paper report and exchange, award ceremony and closing ceremony.

The keynote report was chaired by Professor Cai Ning, Deputy Director of the Department of Accounting, School of Management, Xiamen University.

Professor Cai Ning

In the keynote report session, Professor Zeng Xiaoliang from Southern University of Science and Technology and Professor Xin Qingquan from Chongqing University gave keynote speeches entitled "Exploration of Accounting research Direction in ESG Field" and "Securities Regulatory System and Incentive Distortion: A Case Study of backdoor Listing of Great Wall of China" respectively.

Professor Zeng Xiaoliang first introduced his process of introducing CSR related research into the accounting field, and summarized the process of relevant research gradually developing from CSR to ESG. Professor Zeng pointed out that in recent years, not only the academic literature on ESG issues has shown exponential growth, but also the relevant discussions have gradually stepped out of the academic world, affecting the information disclosure and business decision-making of the business community, becoming a consideration of investment decisions in the investment community, at the same time, causing policy adjustments in the policy-making department.

Professor Zeng Xiaoliang

Professor Xin Qingquan started with why regulation is needed and discussed the purpose and challenges faced of securities regulation. Then, Professor Xin talked about the core transactions in backdoor listing, new share issue pricing rules and other policies. On this basis, the paper proposes that the behavior of backdoor listed transaction parties may deviate from the original intention of the relevant regulatory rules, through the pricing of new shares, the valuation of embedded assets and the performance commitment in the case of Shenzhou Great Wall backdoor, this paper discusses the possible incentive distortion of the trading party caused by the regulatory system.

Professor Xin Qingquan

The symposium received a total of 75 papers. After the selection of experts, a total of 10 papers were reported, expert comments and exchanges. The presenter and the paper title are:

"The Impact of Capital Market Internationalization on Corporate Cash Dividend Policy: A quasi-natural Experiment Based on the inclusion of A-shares in MSCI Emerging Markets Index" by Shi Xiaolu from Xiamen University; "ESG Rating Divergence and Capital Market Information Efficiency: A Study Based on Stock Price Synchronization" by Feng Yuting from Beijing Jiaotong University; Song Yi, Shandong University of Finance and Economics, "Enabling or Inhibiting: A study on the impact of Digital Transformation on Management Tone manipulation - Based on the evidence of Management Discussion and Analysis"; Gao Jiayang, student of Henan University of Economics and Law, "Independent Director's voluntary Resignation, Market Cognition and Auditor's Coping Strategy -- Based on the Study of Kangmei Pharmaceutical Judgment"; Wang Yanhui, Fuzhou University student, "A Study on the Motivation and Derivative Risk of Executives' 'Non-guarantee' Behavior -- Taking Hemei Group as an Example"; "Clan Culture and Corporate Charitable Donation: Based on Empirical Evidence from Chinese Private Companies" by Wu Qingting from Xiamen University; "Research on the spillover effect of short sale mechanism on non-target enterprises -- with individual auditors as the intermediary" by Xi Wanru from Northwestern University; "Research on the Impact of Digital Finance on Corporate Financing Constraints -- The Moderating Role of Management Power and Corporate Social Responsibility" by Zhang Qiong from Jilin University; Shang Yuxin, Chang 'an University student, "The Differentiated Impact of Foreign Capital Background of Venture Capital Institutions on Venture Capital Performance"; Xiamen University student Chen Yiting "the choice of the location of the shareholders' meeting is deliberate?" - Research based on the risk of company stock price collapse".

Student Shi Xiaolu

 Student Feng Yuting

Student Gao Jiayang    

         Student Wang Yanhui

    Student Wu Qingting  

Student Xi Wanru

   Student Zhang Qiong  

Student Shang Yuxin           

Student Chen Yiting                                              

The seminar invited Associate Professor Li Xiao from Central University of Finance and Economics, Assistant Professor Chen Lu from Xiamen University, Associate Professor Wu Cen from Jinan University, Assistant Professor Wu Kaiwen from Shanghai Lixin University of Accounting and Finance, Assistant Professor Cai Guilong from Sun Yat-sen University, Professor Xie Sujuan from Ocean University of China, Assistant Professor Zhang Shubo from Shanghai Jiao Tong University, Assistant Professor Li Yi from Hunan University and Assistant Professor He Kaigang from Shanghai University of International Business and Economics Professor Li and Assistant Professor Wang Xiaoqiao of the Chinese University of Hong Kong (Shenzhen) made in-depth comments on the 10 papers from various aspects, such as the idea and contribution of the articles, theoretical logic and empirical results.

Associate Professor Li Xiao  

       Assistant Professor Chen Lu                   

   Associate Professor Wu Cen  

Assistant Professor Wu Kaiwen

Assistant Professor Cai Guilong

   Professor Xie Sujuan

  Assistant Professor Li Yi

Assistant Professor Zhang Shubo   

Assistant Professor He Kaigang  

Assistant Professor Wang Xiaoqiao

The paper presentation and communication sessions were presided over by Professor Luo Jinhui, Associate Professor Liu Xinming and Associate Professor Zeng Quan from Xiamen University respectively.

Professor Luo Jinhui      

Associate Professor Liu Xinming     

Associate Professor Zeng Quan        

After the paper review committee voted, Professor Xin Qingquan announced the winners of the Best Paper Award and the Best Point award, and presented the award certificate. The best paper award was awarded to Dr. Guo Xuemeng , Dr. Feng Yuting and Professor Zeng Xiaoliang (Co-paper: "ESG Rating Divergence and Capital Market Information Efficiency: A Study Based on Stock Price Synchronization"); The Best point Award was awarded to Assistant Professor Zhang Shubo of Shanghai Jiao Tong University (Review paper: Research on the spillover effect of short sale mechanism on non-target enterprises -- with individual auditors as the intermediary).

At the closing ceremony, Professor Liu Feng made a brief summary. Professor Liu said that the Contemporary Accounting Review continues to grow with the support of its sister institutions, scholars, teachers and students. While supporting mainstream empirical research, the Contemporary Accounting Review is also committed to providing a richer and more diversified research and discussion platform for different paradigms such as case studies, groundbreaking institutional descriptions and theoretical innovations. At this point, the 2023 Spring Academic Seminar of Contemporary Accounting Review came to a successful end in the warm applause of experts, scholars and students on the scene.

Academic lecture series | Guanya Interdisciplinary Workshop

Accounting research has entered the era of "juan" 2.0.

Now the accounting research, the degree of ”neijuan” is high. More than half of a paper is devoted to solving problems such as robustness, and the methods are becoming more and more complex. How to solve this problem? Change the direction of the "juan" from the "neijuan" to the "waijuan", or "juanwai", expanding outward.

Many years ago, I tried to use "economic imperialism" to propose "accounting imperialism." Today, let us pick up this term, let the accounting research "out of bounds", "juan" outside, let the accounting research subject diversity, methods diversity, let the accounting color more rich.

How to ”waijuan” ?

The first step, turn your eyes outward. The world is diverse, and so are the ways to understand it. In an oracle bone, Chinese medicine sees medicine, philologists see seal script and characters, archaeologists see archaeological discoveries, sociologists see the social order and living environment at that time, and historians find supporting evidence for a certain historical event. Therefore, the first step of the interdisciplinary Forum is to invite scholars from different disciplines who are active in research to introduce their recent work and the latest developments of their respective disciplines. In addition, it is expected to promote accounting scholars to have a broader vision, more tools and more diversified topics, enrich the research of accounting, and make accounting research reproduce the brilliance of Western economics in the 1970s to 1990s: expand the foundation of accounting, use accounting to explain all social phenomena, further reconstruct the research logic of accounting, and establish an "accounting empire".

The second step is to learn from the theories and methods of various disciplines to enrich the "capital" of accounting scholars to see the world and do research.

In the third step, scholars from different disciplines collide with each other and produce "sparks" of thought. A single spark can start a prairie fire. Let us hope that such cross-border exchanges can also generate new peak.

"Guanya Interdisciplinary Workshop" was established in this context. The lecture is jointly sponsored by the Accounting Development Research Center of Xiamen University, a key research base of Humanities and Social Sciences of the Ministry of Education, and the Accounting Department of the School of Management of Xiamen University, and supported by the "Xiamen University Guanya Accounting Department Development Fund". The current plan is to hold one in the first and one in the second half of the month.

Look forward to your joining.

Let's "juan" together!

Associate Professor Zhao Yiyi delivered the keynote speech at the 13th session of the "Guanya Interdisciplinary Workshop"

On the evening of January 6, 2023, the 13th lecture "Guanya Interdisciplinary Workshop" was held online. Under the chairmanship of Professor Liu Feng, Associate Professor Zhao Yiyi from the Department of Chinese Language and Literature of Xiamen University gave a lecture on the topic of "Text Analysis and the Application of Quantitative methods in Language Research". A total of 300 people attended the lecture online.

Professor Liu Feng pointed out that in recent years, in the field of financial accounting, many scholars have carried out text analysis research with the help of big data. However, in real life, language expressions often have multiple meanings, so this lecture invites Teacher Zhao Yiyi to share with you the application of text analysis and measurement methods in linguistics.

Teacher Zhao Yiyi first introduced some basic concepts in quantitative linguistics. Quantitative linguistics (QL) seeks to explore the structural patterns and evolutionary laws of language through quantitative methods, and its main characteristics are "accurate, true and dynamic". Text analysis is to quantify the feature words extracted from the text to represent the text information. Computational linguistics (CL/NLP) aims to simulate some or all of human language abilities with machines. In addition, Zhao introduced the history of metrology linguistics and related introductory books and websites to facilitate further research.

Next, Teacher Zhao Yiyi introduced the application of quantitative linguistics with specific cases. Combining her research on "a search for Personality Prediction based on microblog text" and "a study on Classification of children's spoken Language based on Word Co-appearance Network", Zhao explains in detail the characteristics and specific analysis methods of different types of text. At the same time, many research resources are displayed, such as the "Wenxin" center psychoanalysis system, ANTCONC website, etc. Furthermore, Zhao Yiyi expanded the problem of dealing with computational metaphors. In linguistics, metaphor is defined as a linguistic expression that uses one or more words to represent another concept, rather than taking it literally. At present, the processing of metaphor is mainly based on three steps: recognition, interpretation and generation. To calculate metaphor, we must first identify the metaphorical expression of the words in the sentence, and then find a non-metaphorical (that is, literal) interpretation of the metaphorical expression, and then generate metaphorical expression.

Professor Cao Jianbo delivered the keynote speech at the 14th session of the "Guanya Interdisciplinary Workshop"

On the evening of 8 March 2023, the 14th lecture "Guanya Interdisciplinary Workshop" was held simultaneously online and offline at 512, Building 2, Kageng. Under the auspices of Professor Liu Feng, Professor Cao Jianbo, doctoral supervisor of the Department of Philosophy of Xiamen University, was invited to give a lecture entitled "Philosophy and Philosophical Thinking".

Professor Liu Feng hopes to learn from the evolution process of philosophy from an idea to a discipline, to free accounting from the old concept of bookkeeping and accounting, and to become a real science. Just as philosophy will not be eliminated by AI and ChatGPT, I hope that in the future, accounting will not be replaced by AI and ChatGPT.

Professor Cao Jianbo first gave us the outline of philosophy. Philosophy is fundamentally a discipline that pursues wisdom. It is human's thinking about the relationship between thinking and existence and the constant exploration of truth. The evolution of philosophy is a history of discipline separation. In ancient Greece, philosophy was science, everything. As research turns more and more to a specific content, there is more and more differentiation between disciplines, and mathematics, physics, chemistry, biology, etc., gradually diverges from the maternal body of philosophy. With the evolution of philosophy, a variety of turns have gradually appeared. Gorgias' three propositions put forward the ontology of existence of nothing, the epistemology of existence unknowable and the philosophy of language of existence unspeakable. If we take the tree as a metaphor, the root of philosophy lies in metaphysical ontology, and the trunk lies in logic (methodology) and epistemology (epistemology), on which the branches and leaves evolve, such as applied philosophy of science and technology, moral philosophy, political philosophy and so on.

Then, Professor Cao Jianbo analyzed the reflective thinking in philosophy through three cases of "Yu Gong removing mountains", "dividing horses" and "playing cards". Reflection is essentially the disbelief and reflection of the existing solution or the problem itself. The goal is to eliminate the "four falsities," namely, the racial falsities (human defects), the cave falsities (individual differences defects), the theater falsities (leadership worship), and the market falsities (language imprecision), so as to achieve the effect of "knowing not only the why, but also the why," and to reject the "evil of mediocrity." So how to reflect? Professor Cao Jianbo showed the logical analysis of ethical principles with the proposition of "do not do to others what you do not want to do to yourself".

Then, Professor Cao Jianbo showed the speculative thinking of philosophy through illustrations and logical arguments, and guided everyone to think about their own life with reflective thinking.

Associate Professor Zhou Yiyi delivered the keynote speech at the 16th session of the "Guanya Interdisciplinary Workshop"

On the evening of 27 March 2023, the 16th lecture "Guanya Interdisciplinary Workshop" was held simultaneously online and offline in Room 512, Kageng Building 2. Under the chairmanship of Professor Liu Feng, Associate Professor Zhou Yiyi, doctoral supervisor of the School of Information Science of Xiamen University, was invited to give an academic lecture entitled "Discussion on the development history and application prospects of ChatGPT".

Professor Liu Feng told the story of how in the 1960s, the president of Toyota created the JIT stock-free production mode in the automotive field after being inspired by the optional mode of Wal-Mart supermarkets in the United States. It is hoped that students, teachers and scholars in related fields can understand the knowledge of other disciplines from their own perspectives and positions, get inspiration from interdisciplinary lectures, and apply the knowledge of different disciplines to their professional fields.

 Based on natural language processing, Associate Professor Zhou Yiyi stated what ChatGPT is and the reasons for its popularity, believing that it has laid the status of large models as artificial intelligence infrastructure and promoted the change of the new paradigm of general artificial intelligence. The innovation of ChatGPT is that it is a continuous evolution system engineering of complex AI software with human-machine collaboration, which can be reasonably expressed by reinforcement learning models. ChatGPT's powerful question-and-answer ability comes from large data resources, a large number of manual annotations, and repeated training of artificial Settings.

Then, Associate Professor Zhou Yiyi talked about the recent development of ChatGPT, compared the functions of Visual ChatGPT and GPT4, and showed the function of GPT4 about developing a website in 10 seconds and using pictures as input. ChatGPT can be used in question answering, paper reading, article writing, code programming, art creation, etc., but there are limitations of nonsense in question answering and reliability problems in data search. Talking about the impact of ChatGPT on employment, Associate Professor Zhou Yiyi believes that 49% of workers will be affected when ChatGPT is combined with existing technology, and writers, finance workers, and IT personnel are the key affected groups.

Professor Liu Feng says there should be optimism about new technologies like ChatGPT! At the same time, I hope students can think about how to distinguish machine-generated content from human-generated content after ChatGPT is widely used, and how to effectively distinguish web-generated content from real life content.

Professor Zeng Xiaoliang gave an academic speech at the "Qun Xian" Interdisciplinary Forum of the Department of Accounting of Xiamen University and the 15th "Guanya Interdisciplinary Workshop"

On the morning of March 27, 2023, the 17th edition of the "Group of Talents" Interdisciplinary Forum of Accounting Department of Xiamen University was successfully held. Professor Zeng Xiaoliang from Southern University of Science and Technology gave an academic report entitled "The Impact of language and Culture on Capital Market: Evidence from Analysts" for teachers and students. The forum was chaired by Professor Liu Feng, Director of the Accounting Development Research Center of Xiamen University and Professor of the Department of Accounting of Xiamen University.

Professor Zeng Xiaoliang cited some interesting findings as the introduction to the presentation. For example, through big data text analysis, it is found that Chinese has the most negative words. Professor Zeng Xiaoliang then raises a question worth thinking about: Does language affect behavior?

Professor Zeng Xiaoliang showed the relevant research on the above issues through some current literature. Including articles published in the AER, suggesting that language speakers who distinguish between past and present are less focused on the future; And an article published in CAR, with a similar conclusion: Investors who distinguish between past and present languages are less likely to expect future information.

Then, Professor Zeng Xiaoliang put forward the writing logic of the report article: "Language - emotions with cultural characteristics - behavior (investor decision-making)". He showed that language is only the appearance, while the underlying structure is the inside, and the underlying structure can be explained through behavioral theory. Professor Zeng stressed that language contains emotional indicators, which are different from happiness and sadness, but a long-term, culturally relevant indicator. In response to the question of whether the influence is not emotional factors, but cultural factors, Professor Tsang believes that cultural factors can be controlled through multiple languages in a country.

According to the above research logic, Professor Zeng Xiaoliang proposed the following hypothesis: when the mother tongue of financial analysts has a higher tendency to express negative emotions, analysts tend to release more conservative profit forecast results.

In addition, through some examples, Professor Zeng Xiaoliang pointed out that personal characteristics only work when the forecast target is uncertain, that is, when the analyst forecast is difficult, personal characteristics are more effective in the economic crisis than in the stable economy. Then, hypothesis 2 is proposed: when the difficulty of analyst forecasting is high, the negative influence of language on the optimism of analyst earnings forecast is more significant.

Then, Professor Zeng Xiaoliang introduced The variable measurement method of the paper, specifically selecting words with low word frequency in 47 countries and 25 languages, including words about death, disease and violence, and proving their effectiveness through The GDELT project and other methods. Finally, Professor Zeng elaborated the research results of the paper, which verified that the negative emotion expression tendency of language has a significant impact on the behavioral decision-making of capital market participants, and provided theoretical support for the informal institutional inertia to the earnings forecasting behavior of analysts.

In the course of this forum, Professor Zeng quoted from a wide range of sources and spoke from a simple point of view, which aroused the resonance of everyone; Accounting teachers are not done. The students also actively asked questions and had a heated discussion with Professor Zeng. The forum lasted for one and a half hours and benefited everyone.

Assistant Professor Meng Qingxi gave an academic lecture for the Seminar Series of Accounting Teachers and Graduate Students at Xiamen University

On March 8, 2023, at 9:00 a.m., the 118th "Xiamen University Accounting Teachers and Graduate Students Series Seminar" was held in Room 208, Jiageng Building 2. Under The chairmanship of Professor Cheung Kwok-ching of the Department of Accounting, Assistant Professor Meng Qingxi of the Department of Accounting gave a presentation entitled "The Real Effects of Mandatory Operating Information Disclosure: Evidence from Related-Party Transactions"

First of all, Teacher Meng introduced the research motivation: How mandatory information disclosure, especially the disclosure of business information, affects the real behavior of the company is an interesting question worth exploring.

Then, Teacher Meng introduced the research scene. In order to improve the quality of information disclosure and protect the interests of investors, in recent years, stock exchanges have gradually implemented different disclosure requirements for different industries, requiring companies to analyze business models based on industry characteristics and increase the disclosure of business activities (CIDG).

After that, Ms. Meng introduced the research design of the paper from the aspects of data source and model construction, and explained the processing details in detail combined with the questions of Professor Zhang Guoqing and other teachers and students. During the lecture, teachers and students kept raising their questions, and Ms. Meng also gave very detailed and professional answers. The Seminar ended successfully with the applause of everyone.

Our center held the "Accounting + Philosophy" interdisciplinary symposium

On March 8, 2023, in order to strengthen interdisciplinary research, the "Accounting + Philosophy" interdisciplinary Symposium organized by the Accounting Development Research Center of Xiamen University (referred to as the "Center"), the key research base of Humanities and Social Sciences of the Ministry of Education, was held in Conference Room 502 on the 5th floor of Chengfeng Building. Professor Cao Jianbo, Assistant Professor Wang Kaili, Postdoc Huang Rui and PhD Student Lin Jie, Department of Philosophy, Xiamen University; More than 10 people from the center, including Professor Liu Feng, Associate Professor Liu Xinming, Assistant Professor Meng Qingxi, Assistant Professor Chen Lu, Doctoral student Chen Xueying, doctoral student Shi Xin, doctoral student Ba Tel and Doctoral student Liu Chong, attended the symposium. Professor Liu Feng, Director of the Center and Department of Accounting, School of Management, chaired the symposium.

At the symposium, Professor Liu Feng first discussed the evolution of philosophy with Professor Cao Jianbo. Liu Xinming, Meng Qingxi, Chen Lu and other young teachers, full-time researchers of the Center, had in-depth exchanges with Professor Cao Jianbo on their research directions. Professor Cao Jianbo discussed with us from the perspective of philosophy. Finally, Professor Liu Feng once again stressed the necessity and importance of interdisciplinary studies, hoping that everyone can consolidate the theoretical foundation, expand the horizon of thinking and do interesting research through exchanges.

Our center held the "Accounting + Artificial Intelligence" interdisciplinary symposium

On March 27, 2023, in order to strengthen interdisciplinary research, the "Accounting + Artificial Intelligence" interdisciplinary Symposium organized by the Accounting Development Research Center of Xiamen University (referred to as the "Accounting Center"), the key research base of Humanities and Social Sciences of the Ministry of Education, was held in Conference Room 502 on the 5th floor of Chengfeng Building. Zhou Yiyi PhD Supervisor/Associate Professor, Luo Gan PhD Candidate, School of Information, Xiamen University; More than 10 people from the Accounting Center, including Professor Liu Feng, Assistant Professor Shen Tu Lirong, Assistant Professor Guo Rui, Doctoral student Shi Xin, doctoral student Ba Tel, Doctoral student Liu Chong, students Tu Yuze and students Chen Lifeng, attended the symposium. Professor Liu Feng, Director of the Accounting Center and Department of Accounting, School of Management, chaired the symposium.

At the symposium, Professor Liu Feng first discussed with Associate Professor Zhou Yiyi the comparison between chatGPT and One heart in Classical Chinese. Assistant Professor Shentu Li Rong had an in-depth exchange with Associate Professor Zhou Yiyi from four aspects, namely chatGPT's operating cost, profit model, update iteration speed and future development direction. Associate Professor Zhou Yiyi introduced the shortcomings of chatGPT and its possible impact on academic education.

Finally, Professor Liu Feng pointed out the necessity and importance of interdisciplinary studies, and hoped that young teachers could communicate with scholars of different disciplines to create more sparks and do more interesting research.

Professor Shen Zhe attended the 7th Transnational Financial Risk Seminar

December 9-10, 2022, Professor Zhe Shen co-authored the paper "Competition Laws and Corporate Risk-taking around the World" at The Seventh Cross Country Financial Risk Symposium Perspectives in Finance (CCPF) Conference) and JIFMIM symposium read, Co-authors are: Zhe Shen, Joseph Sowah, Cephas Dak-Adzaklo, Shan Li.

Professor Shen Zhe attended the 2023 International Conference on Accounting and Finance in China

January 6-8, 2023, Prof. Shen Zhe Co-authored paper "Production Similarity and the Cross-section of Stock Returns: A Machine Learning Approach "China Accounting and Finance conference 2023 held at Xi 'an Jiaotong University, Co-authors are Yao Ge, ZhengQiao,ZheShen, Zhiyu Zhang.

Associate Professor Xiong Feng and his team published an article in the Exploration of Teaching Practice in Higher Education: Solutions for Xiamen University

The book "Exploration of Higher Education Teaching Practice: Xiamen University Solution", compiled by the Office of the Academic Affairs of Xiamen University and published by Xiamen University Press, and the book "Taking Root in the land of China, Understanding the National Conditions - Social Practice of Business Environment Assessment" co-authored by Associate Professor Xiong Feng and the team of students Zhou Lijuan and Lin Zhenqin were published in the "Talent Training Practice".

Our Center's full-time researchers train students to publish papers

In this quarter, students trained by full-time researchers of our center published a total of 5 papers, of which 4 were published by doctoral students and 1 by master students.

Huang Haiqun gave a research report for the Seminar series of Accounting teachers and graduate students of Xiamen University

At 3 PM on March 24, 2023, the 120th "Xiamen University Accounting Teachers and Graduate Students Series Seminar" was held in Room 201, Jiageng II. Under the chairmanship of Professor Zhang Guoqing, Huang Haiqun presented a presentation entitled "Can Multiple Major Shareholders Improve ESG performance?" The research report.

Shi Xiaolu's paper was selected for the 2023 Spring Academic Symposium of Contemporary Accounting Review

On March 24, 2023, Shi Xiaolu and her supervisor Assistant Professor Shen Jianghua jointly wrote A paper entitled "The Impact of Capital market Internationalization on Corporate Cash Dividend Policy: A quasi-natural Experiment Based on the inclusion of A-shares in MSCI Emerging Markets Index". He was selected into the "Contemporary Accounting Review 2023 Spring Symposium" (co-sponsored by the Accounting Development Research Center of Xiamen University, the Key Research Base of Humanities and Social Sciences of the Ministry of Education, and the Accounting Department of Xiamen University School of Management), and was presented by Shi Xiaolu at the meeting.

Wu Qingting's paper was selected for the 2023 Spring Academic Symposium of Contemporary Accounting Review

On March 24, 2023, Wu Qingting and her supervisor, Associate Professor Zeng Quan, co-authored a paper entitled "Clan Culture and Corporate Charitable Donation: Based on Empirical Evidence from Chinese Private Companies". He was selected into the "Contemporary Accounting Review 2023 Spring Academic Symposium" (co-sponsored by the Accounting Development Research Center of Xiamen University, the Key Research Base of Humanities and Social Sciences of the Ministry of Education, and the Accounting Department of Xiamen University School of Management), and Wu Qingting gave a report at the meeting.

Chen Yiting's paper was selected for the Spring 2023 Academic Symposium of Contemporary Accounting Review

On March 24, 2023, Chen Yiting and her supervisor Professor CAI Ning collaborated on the topic "Is the choice of the location of the Shareholders' meeting deliberate? -- Based on the research on the Risk of Company Stock Price Crash "paper was selected for the" Contemporary Accounting Review 2023 Spring Academic Seminar "(co-sponsored by the Accounting Development Research Center of Xiamen University, the Key Research base of Humanities and Social Sciences of the Ministry of Education, and the Accounting Department of Xiamen University School of Management), and was presented at the meeting by Chen Yiting.

Dr. Liu Chong's thesis was selected for the Spring 2023 Symposium of China Accounting Review

On March 26, 2023, Dr. Liu Chong and his supervisor Professor Liu Feng co-authored a paper entitled "Multi-Participation Environmental Regulation and Enterprise Environmental Protection Investment: Empirical Evidence from the Reform of Eco-environmental Damage Compensation System", which was selected for the "China Accounting Review Spring 2023 Symposium" (sponsored by the Editorial Board of China Accounting Review). School of Economics and Management, Wuhan University), and presented by student Liu Chong at the meeting.

The Center actively serves the major strategic needs of the country. From January to the first quarter of March 2023, the full-time researchers of the Center continue to regularly submit decision-making information to government departments at all levels.

Professor Liu Feng, Director of the Accounting Development Research Center of Xiamen University, was appointed as a member of the second Accounting Professional Advisory Committee of Shenzhen Stock Exchange

In March 2023, Shenzhen Stock Exchange issued the Announcement on the Appointment of Members of the Second Session of the Accounting Professional Advisory Committee of Shenzhen Stock Exchange (Shenzhen Stock Exchange (2023) No. 177). Professor Liu Feng, Director of the Accounting Development Research Center of Xiamen University and the Accounting Department of the School of Management, was one of the 26 industry experts. He was re-elected as a member of the second Accounting Professional Advisory Committee of Shenzhen Stock Exchange..

"Contemporary Accounting Review" is sponsored by the Accounting Development Research Center of Xiamen University, co-sponsored by the Department of Accounting of the School of Management of Xiamen University and the Institute of Financial Management and Accounting of Xiamen University, and published by Science Press.

This collection mainly publishes original research results in accounting, auditing, finance and related fields based on China's institutional environment and characteristics, and encourages the exploration and refining of general economic theory laws on the basis of reform and development practices in related fields, with a view to enhancing the understanding of China's social and economic operation and generating accounting knowledge based on China's institutional context. This collection hopes to provide a platform of "local issues, scientific narration, stirring thoughts and gathering wisdom" for China's accounting research, and strive to launch and support the original achievements of academic newcomers, and promote the formation of Chinese style accounting research.

Since its inception in 2008, this collection has been included in the Chinese Social Science Citation (CSSCI) Source Collection since January 2014, and has been filed with the General Administration of Press and Publication. The full text of the articles has been collected by CNJI, Wanfang Database and other databases, and the wechat public account has been widely concerned by scholars in the field of accounting and finance research. The first and second volumes are in progress for publication in 2023.

Project 1: Enterprise Investment, Financing and Risk Management in the Age of Digital Intelligence [Key Project of National Natural Science Foundation of China]

Project Leader: Liu Feng

Project approval number: 72232007

The research in this stage of the subject is progressing smoothly, and the project progress is as follows.

Achievements: ChatGPT Craze and Future Accounting, by Wang Shijie and Liu Feng (completed for publication)

ChatGPT is the fastest app in the world to reach 100 million users, attracting global attention, and accounting related occupations are once again on the list of occupations replaced by artificial intelligence. This paper attempts to accurately and concisely analyze the functions and limitations of ChatGPT, and explain the technical framework of large-scale language models. It is found that the powerful function of ChatGPT comes from a huge training data set and a large number of model parameters in the training of large-scale language models. However, the specific implementation principle is still unclear, and there is a long way to go for general artificial intelligence. In the short term, ChatGPT is difficult to directly change the generation of accounting information due to the limitations of the real environment, but it will reshape the accounting work content and reconstruct the capability framework of accounting personnel. In the long run, artificial intelligence and digital economy will change the factor structure, organizational form and right allocation of human economic society, requiring accounting to reasonably reflect the new production factors, organizational forms and right relations, otherwise accounting will be weakened or even disappear in economic management. In this process, accountants need to master accounting rules, be familiar with management and technical progress.

Project 2: Reform of Government Accounting and Reporting Model and Control of public Resources [Major Project of Education, Humanities and Social Sciences Key Research Base]

Project leader: Li Jianfa

Project approval number: 18JJD790009

The project is in the process of completion, which is planned to be completed by the end of 2023. In the first quarter of 2023, we carried out relevant research work, including updating the institutional background and tracking the latest literature. The periodical research result "Changes and Improvements of the accounting system of Rural Collective economic Organizations under the background of Rural revitalization" was published in the Accounting and Economic Research, No. 2, 2023.

The 19th National Congress of the Communist Party of China put forward the implementation of the rural revitalization strategy, and the effective establishment of rural collective economic organizations is one of the important ways to implement the rural revitalization strategy. Responsible and transparent financial governance is part of the national rural revitalization strategy, but financial governance and accounting work as an important basic link in the development of rural collective economic organizations, their corresponding accounting system is obviously lagging behind the current development and reform trend. This paper first reviews the evolution of the accounting system of China's rural collective economic organizations, and analyzes the main problems existing in the current accounting system. In view of these problems, this paper summarizes the relevant systems of farmers' cooperatives in Japan and South Korea, and puts forward some suggestions for improving the accounting system of rural collective economic organizations based on the accounting system of Chinese enterprises and government. The research will help to revise and improve the accounting system of China's rural collective economic organizations under the background of rural revitalization strategy, and then help rural financial governance.

Project 3: Research on Chinese Government Cost System under the guidance of Performance Management [Major Project of National Social Science Foundation]

Project leader: Li Jianfa

Project approval number: 20&ZD115

In the first quarter of 2023, this research will continue to advance, and the project progress is as follows.

Stage result 1: "Government Financial and Accounting Supervision and Enterprise Tax Evasion - Evidence from the Random inspection System of the Ministry of Finance" (" Management World "has compiled a clear sample, can be published in the near future) Main content: As an important part of the Party and state supervision system, financial and accounting supervision has played an important role in regulating government revenue and expenditure, improving the quality of accounting information, and ensuring the implementation of fiscal and tax policies. Based on the quasi-natural experiment of the Ministry of Finance's sampling of accounting information quality, this paper empirically examines the impact of government financial supervision on corporate tax evasion by manually collecting relevant data from inspection announcements from 2006 to 2019. The results show that: (1) government accounting supervision significantly reduces the degree of tax avoidance and increases the tax contribution of enterprises; (2) Government financial and accounting supervision mainly reduces corporate tax avoidance by restraining earnings management and improving internal control paths; (3) The governance effect of government financial and accounting supervision is stronger in enterprises with disclosure of specific data, positive rectification attitude, fierce industry competition and small tax collection and administration intensity. This paper provides experience and reference for effectively reducing corporate tax avoidance behavior, and also provides theoretical support for improving the supervision system of government finance and accounting.

Stage Result 2: "Government Operating Costs and Urban Business Environment: Optimization or Deterioration" (completed to be published) Main content: Optimizing the regional business environment, as an important goal of comprehensively deepening reform and promoting high-quality economic development, has become China's national development strategy. This paper takes 309 prefecture-level administrative regions in China from 2007 to 2019 as research samples to explore the impact of government operating costs on urban business environment. It is found that the impact of government operation cost on urban business environment presents an inverted U-shaped nonlinear effect. When the government operating cost is less than 4800 yuan/person, the increase of the government operating cost will optimize the urban business environment, otherwise it will worsen the urban business environment. After a series of robustness tests, the above conclusions are still valid. The mechanism test shows that the efficiency of fiscal expenditure plays a partial mediating role in the non-linear impact of government operating costs on the business environment. Further research shows that regional information technology capabilities have a moderating effect on the relationship between government operating costs and business environment. The expansion analysis found that this nonlinear relationship also existed in the central and western regions, the regions without administrative examination and approval bureau, the areas without relocation of government premises and the areas not covered by inspection.

Stage Result 3: "Government Operation Cost and Regional Livelihood Welfare: Promoting or Crowding Out" (completed to be published) Main contents: It is found that there is a nonlinear inverse U-shaped relationship between government operation cost and regional people's livelihood welfare, which is "first promoted and then suppressed". When government operation cost is within a certain range, the increase of government operation cost can significantly improve the supply efficiency of public goods and public services, and promote the level of local people's livelihood welfare. However, when the government operation cost exceeds a certain critical value, the continuously increasing government operation cost will restrain the government's investment in social welfare, damage the market mechanism and function, and even crowd out the regional welfare. The results of this study enrich the relevant evidence of government operating costs under the Chinese scenario, expand the relevant theory of the interaction between government decision-making and social public, and provide policy enlightenment for China to reduce administrative costs, ensure social welfare, and establish and improve the market economic system.

Stage Result 4: "The Emergence, Impact and Mitigation of" Cost Disease "in colleges and Universities under the Background of High-quality Development" (completed and to be published)

The high-quality development of higher education is inseparable from the continuous high level of investment in colleges and universities, and the increasing various types of investment push up the cost of running a college, but the synchronous improvement of running a college has not been realized, showing the phenomenon of "cost disease" caused by human costs. Based on Baumol's cost disease theory and spatial production theory, this paper sorted out three cost development stages of colleges and universities: steady state, sick state and excellent state by constructing a cost-quality theoretical analysis framework, and empirically tested the cost disease effect of colleges and universities by using the inter-provincial panel data from 2006 to 2020, and systematically analyzed the cost influencing factors from the two dimensions of time and space. It is found that the cost disease effect exists in Chinese colleges and universities, but there are regional distribution differences, central and local differences, active and passive differences; The cost of colleges and universities also shows the inertia of time and space evolution and a certain spillover of space. At last, the paper puts forward some specific policy suggestions to alleviate the cost disease from three aspects: prevention before disease, prevention after disease transformation and prevention after 瘥.

Stage Result 5: Research Report on the Implementation of University Budget Performance Management and Cost Management (The research has been completed and is being sorted out)

Main contents: In order to carry out this research, the research group designed 100 questions about the implementation of budget performance management and cost management in colleges and universities. Using the platform of China Educational Accounting Association, the research group distributed questionnaires to 303 colleges and universities under the central ministries and commissions on November 28, 2022, and recovered 303 questionnaires on March 27, 2023. At present, we are sorting out the questionnaire, analyzing the implementation of budget performance management and cost accounting management in colleges and universities, existing problems and their causes, and putting forward targeted opinions and suggestions on promoting budget performance management and cost accounting in colleges and universities. After completing the research report, we will submit it to the Ministry of Finance, the Ministry of Education and other central ministries and commissions. As a reference for policy formulation and promoting related reforms. Stage result 6: Research on the Economic Consequences of Government Operation Costs (doctoral dissertation, completed to be defended) Theme content: Scientific reduction of government operation costs is conducive to the optimal allocation of social resources and the smooth supply of public goods, which is related to the modernization of the national governance system and governance capacity. On the basis of summarizing the relevant literature at home and abroad and combining with the system background of our country, this paper discusses the current situation, problems and economic consequences of government operation cost. The contributions and innovations of this paper are as follows: First, this paper discusses the debt effect of government operating costs for the first time, and deepens the research on the economic consequences of government operating costs and the influencing factors of local government debt risk; Secondly, for the first time, this paper explores the mechanism and impact of government operation cost on urban business environment, and enriches and expands the relevant literature on the impact path of urban business environment. Finally, this paper discusses the crowding effect of government operation cost on people's livelihood welfare for the first time, deepening the understanding of the economic consequences of government operation cost and the influencing factors of people's livelihood welfare.

Project 4: Research on Governance of Government Assets and Financial Accounting from the perspective of Public Property Rights [Key Project of National Social Science Foundation]

Project leader: Li Jianfa

Project approval number: 20AGL013

In the first quarter of 2023, the research on this subject continued to advance. By combing international experience, updating the current situation of literature development, and conducting research and research, we have formed phased results (1) "Research on Governance of Equity State-owned Assets under the Guidance of Public Value", which has been completed and is to be published; (2) Research on Natural Resource Accounting from the Perspective of Governance, has been completed and is awaiting publication; (3) Research on Governance of Government Assets from the Perspective of Public Property Rights (author: Li Jianfa, Bao Lulu, Zhang Guoqing), published in Journal of Xiamen University (Philosophy and Social Sciences Edition), No. 1, 2022.

Main content: According to the theory of public property rights, the people are the ultimate owners of government assets, and governments at all levels are multi-level agents. In order to ensure that the government follows the best interests of the client and maximizes the efficiency and public value of government assets, the governance of government assets should follow the chain of fiduciary responsibility under the framework of national governance. Government asset governance is a series of mechanisms set up to realize the long-term public value of government assets and reduce agency costs, emphasizing good governance, strategy, performance, power checks and balances, constraints and supervision, the introduction of market and incentive mechanisms. Theoretical research and practice show that integrated governance and government asset management are becoming more and more important. There are serious problems and loopholes in the current government assets management in China, which are not conducive to the modernization of the national governance system and governance capacity. The government assets governance framework based on the hierarchical decomposition of public property rights and the core principle of fiduciary responsibility and good governance allows the public, people's congresses and regulators, various government units and public officials at all levels, government audit institutions, non-governmental organizations, media and other stakeholders to participate in government assets management based on different responsibilities. Make government assets management "network" for government assets governance, to achieve good governance of government assets in a three-dimensional and all-round way, but various government assets governance mechanisms need to actively explore and cultivate.

Project 5: Research on Building Pro-Qing Government-Business Relationship in the New Era 【 Major Project of National Social Science Foundation 】

Project Leader: Luo Jinhui

Project approval number: 22ZDA045

This topic has been successfully held in March this year, the specific progress is as follows:

One of the phased results: "The Green governance Effect of pro-Qing government-business relations: Evidence from green innovation", published in Finance and Accounting Monthly, No. 6, 2023.

Main content: Based on the current background of the country's continuous promotion of the construction of a new type of pro-Qing government-business relationship and the improvement of a market-oriented green technology innovation system, this paper finds that the pro-qing government-business relationship has played an "incremental quality" effect on enterprises' green innovation. The test of the mechanism of action shows that the pro-Qing government-business relationship improves the motivation and ability of enterprises to innovate green by strengthening the environmental protection awareness and innovation awareness of executives, increasing government subsidies and reducing debt financing costs. At the same time, the green innovation effect of pro-clean government-business relations is stronger in areas with high environmental attention and low economic attention of local governments, enterprises with high media attention, and technology-intensive industries. Finally, green innovation helps to improve the environmental and social responsibility performance and financial performance of enterprises. The research of this paper can provide decision-making basis and policy enlightenment for continuously improving the level of constructing pro-Qing government-business relationship, promoting enterprises to realize green transformation and high-quality economic development during the period of "14th Five-Year Plan" in China.

Stage result 2: Organized a small academic seminar and completed the field research work in Jinjiang, Ningde and Longyan.

Main contents: (1) This project organized a seminar with the theme of "Promoting high-quality economic development", which was attended by more than 50 experts and scholars from Shanghai Jiao Tong University, Sun Yat-sen University, Beijing Normal University, Shandong University and other sister universities. Specifically, from the perspective of government and enterprises, it will open up new horizons, provide new methods and contribute new ideas to promote the research of high-quality development of China's economy. (2) The members of the research group went to Jinjiang, Ningde, Longyan and other places for field research. While visiting and learning the "Jinjiang experience" presented by the Jinjiang City exhibition Hall, the working spirit of "the weak bird flies first, the long time for work" in the Xiadang Township of Ningde, and the revolutionary struggle spirit of the Gutian site of Longyan, Focusing on the local enterprise representatives Hengan Group, Ningde Times, Zijin Mining, etc., visited and investigated, in-depth understanding of the difficulties and challenges faced by enterprises in the development, the important role played by local governments and the construction of pro-qing government-business relations.