Empirical Research Of Assets Impairment And Earning Management Of Listed Companies

Many scholars and researchers have been very concerned about the related earnings management of the accounting supervision and research problems. Most of the listed companies in China use the following three methods of earnings management:accounting policy choice and change, production and business activities of enterprises to adjust and use of related party transactions. In recent years, our country accounting increase supervision to listed companies, and strict constraints related party transactions of listed companies, resulting in the selection and use of accounting policy for earnings management become a very important tool. Impairment of assets, it is most important.A large number of scholars research old and new accounting standards for impairment of assets under the scope of the impact of earnings management normative and empirical research. Studies showed that under the old criteria, before impairment losses and the company exists to asset impairment reversal earnings management behavior, while there is weak evidence that corporate profits before impairment reversal and programs exist to Impairment of assets raised earnings management behavior. In the new standard system, although research has not confirmed the authority of the asset impairment of earnings management changes, but many scholars have pointed out that the new guidelines to avoid a degree of earnings management and prevention policy of enterprises tend. In this, the paper selected from 2007 to 2009 in Shanghai and Shenzhen A shares of non-financial listed companies as sample, the implementation of new guidelines hope after 3 years, confirmed that under the new criteria and impairment of assets between earnings management motivation relationship.Research framework of this thesis is divided into five parts, each part now are outlined as follows:The first part is the introduction, an overview of the background and motivation to study the significance of this research framework.The second part is the literature review, described the achievements of Chinese and foreign scholars about the use of corporate assets, the accounting policy for impairment of earnings management research.The third part is the impairment of assets and earnings management theory and analysis, including asset impairment and the relationship between earnings management, the existing policy on impairment of assets and the related impact of earnings management motive analysis.The fourth part is the implementation of China's listed companies in asset impairment accounting policy, empirical analysis, is the focus of this article, To verify the Institute described the assumptions, the use of research methods, variable selection, regression models, data sources, the results of empirical research and the analysis of the results.This thesis argues that under the new accounting standards for impairment of assets still use the behavior of earnings management, on this basis, earnings management by motivation to study were divided into four assumptions.This thesis can be continuously selected for the 2007-2009 financial statements for 3 years and have complete financial data for Shanghai and Shenzhen A-share listed companies as samples, the sample was divided into control samples and study samples.Firstly, using independent sample T test and rank test methods 2007-2009 Impairment of assets of listed companies conduct tests, preliminary or otherwise verify the hypothesis 4, in order to further verify the four assumptions, this paper regression analysis regression modelThe fifth part is the conclusions, recommendations and limitations, described by the empirical results obtained conclusions, recommendations for change.