Effects of intellectual property information disclosure on the corporate value of listed Baijiu companies
The effect of intellectual property information disclosure of Chinese Baijiu listed companies on their corporate value was explored.Based on signal theory,the methods and content of intellectual property disclosure,as well as the differences in intellectual property information disclosure among different industries were analyzed.Using Tobin's Q as the measurement standard of corporate value,the effect of intellectual property infor-mation disclosure on corporate value was analyzed.Data was collected from 13 Baijiu listed companies between 2010-2021,and the quality of their intellectual property information disclosure was evaluated through expert scoring.The results showed that a positive correlation between the quality of intellectual property information disclosure and corporate value,indicating that higher quality of intellectual property information disclosures were associated with higher corporate value.To enhance the level of intellectual property information disclosure in listed companies,various suggestions and countermeasures were proposed,such as unifying disclosure terminology and specific content,establishing Baijiu industry disclosure rules,creat-ing official information-sharing platforms,improving the quality of regulatory oversight,enhancing the ethical standards of intermediary service agen-cies,strengthening corporate intellectual property management,and raising awareness of intellectual property protection within companies.
Baijiu industryintellectual propertyinformation disclosurecorporate value
万方数据
维普
