Cultural Heterogeneity in China and the Information Disclosure Quality of the Enterprises

Abstract

This paper studies the impact of cultural differences in different regions of China on the information disclosure quality of the enterprises. Using 5315 enterprises' annual data from different regions of China from 2016 to 2018, the researchers empirically tested the impact of different cultural dimensions on the information disclosure quality of the enterprises. The study found that uncertainty avoidance has a significant positive correlation with information disclosure quality of the enterprises, the future orientation has a significant negative correlation with the information disclosure quality of the enterprises, but other cultural dimensions are not significantly related to the information disclosure quality of the enterprises. Different from previous studies at the national level, this article provides new evidence from different regions within a country for the related research on "culture — accounting".