Chinese Accounting Firms’ Catching-up under the Background of Economic Transition:Model Construction and Case Study
|School||Nanjing University of Technology and Engineering|
|Keywords||Accounting Firms Catching-up Capability Model Construction Case Study|
With the deep development of reform and opening up, our accounting firm is developing constantly. Through out the development of our accounting firm, from the very beginning of the newly-founded China, it was interrupted by the highly centralized planned economy, and it was restored at the very beginning of reform and opening up, and in the1990s, accounting firm started to learn regulations from international agencies, and after entering the21st century, accounting firm sped up its international development and even surpassed some international agencies, our accounting firm achieved enormous catching-up in this short30years. Based on this, this dissertation from the angle of catching-up capability of local accounting firm, on the basis of resource-based view and dynamic capability view, it builds a capability catching-up model of local accounting firm as a late comer, and deeply analyzes Linxinsuo’s catching-up route through studying longitudinal cases from year1986to2012, this dissertation comes to some significant conclusions:first the process of accounting firm capability catching-up is a process of dynamic loop under the impact of dynamic mechanism " environmental scanning and analysis-ascertaining capability demands-capability reconfiguration and investment-capability breakthrough-capability balance-environmental scanning and analysis...-capability balance", among which dynamic mechanism prompts resources and capability to make some changes, the real changes need to depend on the pivotal role of study mechanism, and matching mechanism guarantees the changes will not deviate from the main path and prompts resources and capability to step closer to the changing environment. Second, the background of economic transition has great impact on the catching-up of accounting firm:before the deregulation reform, the catching-up of accounting firm is the development result of certified public accountant industry catching up foreign industry; after the deregulation reform, the deep economic reformation leads to the opening up of accounting market and the fierce competition among accounting firms, and under the motivation of competition, local accounting firm’s consciousness of catching-up is becoming stronger and stronger each day.