The Empirical Data Based Study On Accounting Information Distortion About Listing Company

It is impossible for us to imagine a society without information communication, but we could suppose that we get much untrue information everyday. To some extents, untrue information is just like fake goods and everyone could talk a lot about its bad effects. However, in the capital market, it may affect the whole economy rather than simple economic individual. It is an old topic about Accounting Information Distortion (Abbreviated for AID in the following parts) about listing companies, but its importance is still and won't be weaker with the hot discussion. Though few astonishing economic scandals are happened on international and domestic markets in recent days, the possible and potential AID problems are not reduced at all. It may be hidden deeply and would lead to economic scandal at any time. This article discusses AID by the empirical analysis and could be divided into five parts. Part I : the new classification of AID and the definition for this article. Also, the author dissertates the AID situation of domestic listing companies by questionnaire and the empirical data from the capital market and analyses the bad effects of AID. Part II : the theoretical essence and the analysis of the effective factors of AID. Further,the author posts the factors that drive enterprise to select AID. Part III: the game analysis of different benefit-oriented groups in the capital market and the decision-making process during the contradiction situation. All the analysis is focused on or is driven by the AID problem. Part IV: the empirical analysis of AID based on the sample data from domestic listing companies who are punished for AID. Then, the author gives the reasonable explanation of empirical results and posts the effective factors of AID.Part V: the experiential identification and identified model for AID. Then, the author discusses the foundation of the supervision system and the available policies to solve AID problem.