【12月9日】【会计学院学术论坛】 Customer-Base Concentration, Profitability and the Information Environment- The U.发布日期：2019-09-12 21:10:14
讲座主题：Customer-Base Concentration, Profitability and the Information Environment: The U.S. Government as a Major Customer
摘要：While prior research focuses on a firm’s relationships with corporate customers, we examine a firm’s interaction with the U.S. government as a unique and important customer. Specifically, we compare government customers vis-à-vis corporate customers by investigating their different economic implications for supplier firms. The evidence suggests that firms with more concentrated sales to government customers exhibit greater economies of scale as reflected in their better profitability, whereas firms with more concentrated sales to corporate customers do not. Our further analyses imply that relative to corporate customers, government customers help suppliers in achieving higher efficiencies in asset turnover and customer-specific SG&A investments, a consequence of lower operational uncertainty and a more transparent external information environment.
讲座人简介：李斌，美国德克萨斯州立大学达拉斯分校，助理教授。2012年获得杜克大学会计学博士学位。主要研究领域包括资本市场、企业价值评估、会计准则有效性评估等。研究成果发表于The Accounting Review。