Empirical Study On Quality Of Accounting Income Of Listed Companies--To Standardize The Manipulation Behavior Of Accounting Income From The Point Of View Cash Flow

China's securities market,winch has come into elementary scale,has beenexperienced ten years since the Shanghai and Shenzhen stock exchanges founded anddid business one after another in early 1990's．Especially,the implement of thesecurity law and revised the accounting law,brought into effect on July 1st,1999 andJuly 1st,2000 respectively,is the symbol of its marching to legality andstandardization. At the same time,it possesses some particularities compared with the developedones(like America and Japan)and the developing ones(like Korea and Malaysia),including the serious manipulation behavior of accpimtoing income.The above shows that the behavior of participants needs to be stipulated and the market need to beconsummated and developed because it is yet in the primary phase. My thesis,based on the present immature stock market,is an empirical research．It reviews the quality ofaccounting income of listed companies,unveils the existenceand means of manipulating accounting income for variety motives through empiricalmethods．What discussed is to probe into the approach of standardizing themanipu1ation behavior of accounting income of listed companies from the point ofview of cash flow,...