An Empirical Analysis Of The Earning Management Based On Self-interest Of Governor

The quick development of the stock market requests the listed companies to provide the high quality accounting information, because the earning management and the quality of accounting information close related, make the research of the earning management to become the key attention of the investor, creditor, the government supervisor sections and the organization drawing up accounting standards. At present, the phenomenon of earning management is very widespread, more and more the case of the listed company earning management continuously seen in the report, strengthen the research of the earning management to raise the quality accounting information and improve the stock market' function of the optimization disposition have the very important meaning.One important aspect of the research of earning management is the cause of the earning management, our country's scholars have also conducted quite many research in this field, and also have yielded quite many results. This article stands on the achievements of the earning management made by domestic and foreign scholars, has divided the cause of earning management into the intermediary cause and the ultimate cause, then mainly at the ultimate cause research the earning management made by the managers of the listed company, and based on the theoretical analysis research, with emphasis further launch empirical analysis.This article selected three years data of 439 listed company spread of 13 trades, based on these dates carry on the research of the earning management caused by governor's own benefit factor, governor's own benefit factors including the governor's rewards, the governor owned stocks, the situation of the two duties gathers and the governor's change;The degree of the company earnings management been weight by the retained value calculate by the new model based on the Jones model.The writer makes use of the SPSS software to carry on the empirical analysis drawn the following conclusion: In the listed company of stock market, between the corporate governor's rewards and the earnings management presents the remarkable dependent correlation;Between the governor owned stocks and the earnings management presents the remarkable inverse relations;Between the governor's change and the earning management presents the dependent correlation.