Theory Analysis And Real Example Research On The Earnings Information Handled By The Listed Companies In China

The securities market is based on the system of information disclosure of which earnings information is the core. Reliability is essential to earnings information. It is basic responsibility and obligation that the listed companies have disclosed the true and reliable earnings information to investors. However, no matter happened "Enron", "Arthur Andersen" incidents of U.S.A. on the securities market, "Yinguangxia", "Zhongtianqin" of our country caused people's unprecedented trust crisis to accounting information. These financial affairs reflect that the earnings information which the listed companies have disclosed lacks reliability seriously. It has caused people's general concern about the earnings information of the listed companies in our country.In order to protecting the legitimate rights and interests of investors (especially medium and small investors), the paper researches on the manipulation of the earnings information disclosed by listed companies in our country. The thesis is composed by 4 parts:The first part, chapter 0, includes the objective, significance, domestic and international research current situation, frame and research conclusion of the thesis;The second part, chapter 1 and chapter 2, explains the meaning and quality character of earnings information, and introduces formulation and disclosure course of the earnings information of the listed companies concretely, and then point out the important meaning ofearnings information in economic development; Later it used the mddera enterprise's theory, information asymmetry theory and insider control theory to analyse the origin and basic motive of handling earnings information. On this basis, the paper reveals the realistic environmental factor that the listed companies handle the earnings information.The third part, chapter 3 and chapter 4, from the key accounting item of the profit flow table o f 1isted companies, author analyses the main means that companies have handled earnings information in detail. On this basis, the author brings up the index system which can be used to examine the reliability of the earnings information of listed companies, and examine the validity of the index system. Later it uses the index system to carry on the positive research on the earnings information disclosed by the listed companies that lose in business for the first time of the A-share of stock markets of Shanghai in 2002, and the result indicates the earnings information disclosed by the listed company lacks reliability as a whole.The fourth part, chapter 5, structures the standardizing system of earnings information disclosed by the listed company in our country.