We synthesise the empirical studies on innovation in the accounting, finance, and corporate governance disciplines using Bushman and Smith’s corporate transparency framework as our theoretical lens. The review presents competing findings on the association between financial reporting and innovation. Most of the reviewed studies fail to address the critical question of how the financial reporting system affects the interactions among financial development, corporate governance and innovation. We suggest future research, ranging from enriching the theoretical perspectives to incorporating the future of innovation research in the COVID‐19 environment.

中文翻译：

---

财务报告与企业创新：国际文献评论

我们以布什曼和史密斯的公司透明度框架为理论视角，对会计，金融和公司治理学科创新的实证研究进行了综合。该评论提出了关于财务报告与创新之间联系的竞争性结果。大多数经过审查的研究未能解决财务报告系统如何影响财务发展，公司治理与创新之间相互作用的关键问题。我们建议未来的研究，从丰富的理论观点到将创新研究的未来纳入COVID-19环境。