Research On Earnings Management Behavior Of Manufacturing *ST Listed Companies-Base On The Case Of *ST Qingsong

The ST system is a unique system in my country’s stock market.When the stock exchange performs its supervisory function,it pays special attention to those companies that have financial problems.Once a listed company has suffered losses for two consecutive years,the stock exchanges will treat their stocks.Perform ST marking.In order to keep the company’s listing qualifications and enhance investors’ investment confidence,some specially marked ST companies often manipulate the company’s profit status without violating accounting standards.The research method selected in this article is a case study.The beginning of the article is the introduction part,which mainly introduces the research background and significance of this article.The second part of this article is the theoretical foundation part,which mainly explains the relevant theoretical knowledge needed in the case study of this article.The third part mainly introduces the current situation of some listed companies in my country using non-recurring profit and loss earnings management methods to carry out shell protection.The fourth part is the case introduction part of this article.This part starts with the industry background of the case company and introduces the introduction of the case company and the entire process of turning losses.The fifth part is the key chapter of this article.This part mainly conducts a comprehensive and detailed analysis of the non-recurring profit and loss profit activities of the case company,and focuses on the motivation and means of the company’s earnings management.The sixth part mainly analyzes the economic consequences caused by the target company’s non-recurring profit and loss earnings management.The seventh part summarizes the case and puts forward targeted suggestions.In the eighth part,conclusions and enlightenments are drawn through the above cases.For the research object of this article *ST Qingsong,first analyze its industry background and financial situation,and find out the reasons why it has been warned of delisting by the stock exchange for many years of losses.Through the analysis of Qing song’s financial data,it can be concluded that Qing song uses non-recurring gains and losses for earnings management.Through the analysis of Qing song’s financial data,it can be concluded that Qing song uses non-recurring gains and losses for earnings management.The research results show that although companies use non-recurring gains and losses to carry out earnings management can help companies get out of difficulties in the short term,in the long run,the beautified statements can easily mislead investors and are not conducive to the company’s long-term development.If companies want to solve the problem fundamentally and get out of the predicament,they still need to further improve the company’s internal governance.