Accounting Participation and Firms' Value Creation: Based on the Survey and Analysis of Non-Financial Staff in Chinese Firms Chinese accountants in firm’s value creation.

A growing number of foreign literature and business reports stress that accountants can and should participate extensively in different kinds of business activities in order to make an important contribution to the value creation.Based on the survey on the firms' managers, we get a preliminary understanding on the degree of accountants' participation and its suitability in business activities. We find that participation scope of accountants has expanded from traditional areas to many non-financial fields, even though there is still much room for improvement. Statistical analysis also shows that the degree of accountants' participation and suitability is significantly affected by the size and equity structure of the firms, while it has nothing to do with the other characteristics of firms and individual characteristics of the respondents.