Empirical Research Of Listed Companies Earnings Management And Supervision Before And After New Accounting Standards

This year a special time that new Accounting Standards have been implemented for three years, while there have burst out many financial crises in the world for three years too, for those two important factors, what will happen about the earnings management of listed companies? What about the means and degree? These problems attract author great interesting.The thesis take advantage of methods like comparative analysis, statistical analysis and regression analysis, mainly includes three parts:Firstly, the thesis theoretically analyses the change of earnings management of listed companies various means before and after the new Accounting Standards; Secondly, adopting corrected Jones model, calculating the levels of earnings management of all listed company for five years, while collected original data has been filtered; Thirdly, the thesis, after compared the change of earnings management degree of 2005,2006 and 2007, the thesis come to the conclusion that the new Accounting Standards effect needs further improvement because it can not obviously lessen earnings management compared with the old rule; then, contrasting earnings management levels of 2007,2008 and 2009 adopting the same way, the consequence indicates 2009'earnings management level is highest compared with 2007's and 2008's although in the three years companies all use the new Accounting Standards, the great part of the reason is financial crisis effect lag, now the article can safe get to the conclusion that when the global market downturn, listed companies will more frequent manage earnings.Finally, the thesis advise combining inside administer with outside supervision,strengthening senior administrators'responsibility,improving the supervisory system, making Accounting Standards better and deregulating enterprise daily operation are the best choice to control listed companies earnings management.