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Research On Earnings Manipulation And Influential Factors In Chinese Listed Companies

Posted on:2007-06-02Degree:MasterType:Thesis
Country:ChinaCandidate:X DuFull Text:PDF
GTID:2179360182984251Subject:Accounting
Abstract/Summary:PDF Full Text Request
More and more people are focusing on the earnings manipulation in Chinese listed companies. The phenomenon of earnings manipulation destroys trust between investors and companies and has a negative influence on the development of security market. Therefore, it is urgent to solve the problem of earnings manipulation. It is also an important task for us to validate and identify the earnings manipulation behavior scientifically and reasonably. Only then, can we combine theory of corporate finance with listed companies well and better the accounting guide line and accounting system in existence. Consequently, we can advance the healthy development of listed companies and decrease the probability of earnings manipulation.This paper first comes out with the definition of earnings manipulation which considers that earnings manipulation is an espousing process in which the administration authorities of listed companies deliberately intervene outside financial reports to obtain some private or group revenue use by using asymmetrical information and disobeying general accounting guide lines and accounting system. Then, we discuss on the motivation and methods of earnings manipulation of listed companies. Moreover, we introduce several models which identify earnings manipulation and prepare the comparison of these models.Based on above analysis, we do some experiential test on the earnings manipulation extent by using the adjusted Jones model and compare the result with existing research fruit. In addition, we perform experiential test on influential factors of earnings manipulation and find out the relationship of these factor with the final earnings manipulation. Finally, we provide some suggestions to avoid earnings manipulation in the current status of Chinese capital market and Chinese listed companies.
Keywords/Search Tags:Earnings manipulation, Jones model, Chinese listed companies
PDF Full Text Request
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