IPOs, Organisational Change, and Management Accounting Change in Listed Chinese State-Owned Enterprises

CIMA Research Executive Summary, Volume 9, Issue 5, 2014

16 Pages Posted: 3 Feb 2016

See all articles by Zhiyuan Simon Tan

Zhiyuan Simon Tan

The University of Sydney Business School

Narisa Tianjing Dai

University of International Business and Economics - Business School

Jason Zezhong Xiao

Cardiff Business School, Cardiff University

Date Written: December 31, 2014

Abstract

Initial public offerings (IPOs) can lead to changes in management accounting and control practices of listed Chinese state-owned enterprises (SOEs). Often, it is the meaning attached to management accounting or the way in which management accounting and control is used that is changed following IPOs. The level of formalisation and tightness of the management accounting and control systems adopted by listed Chinese SOEs increases after IPOs. After IPOs, management accounting and control systems facilitate the accountability of listed Chinese SOEs toward all the shareholders. After IPOs, management accounting and control systems generate more information and contribute to making the operations of listed Chinese SOEs transparent.

Keywords: IPO; management accounting change; Organisational change; Chinese State-owned enterprises

JEL Classification: A14, M41

Suggested Citation

Tan, Simon and Dai, Narisa Tianjing and Xiao, Jason Zezhong, IPOs, Organisational Change, and Management Accounting Change in Listed Chinese State-Owned Enterprises (December 31, 2014). CIMA Research Executive Summary, Volume 9, Issue 5, 2014. Available at SSRN: https://ssrn.com/abstract=2726752

Simon Tan (Contact Author)

The University of Sydney Business School ( email )

Room 436, Codrington Building (H69)
21-23 Codrington Street, The University of Sydney
Darlington, NSW 2006
Australia
+61412053612 (Phone)

Narisa Tianjing Dai

University of International Business and Economics - Business School ( email )

10, Huixin Dongjie
Changyang District
Beijing, Beijing 100029
China
0086-1064493525 (Phone)

Jason Zezhong Xiao

Cardiff Business School, Cardiff University ( email )

Aberconway building
Colum Drive
Cardiff, CF10 3EU
United Kingdom

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