Research On Earnings Management Of Listed Companies Under Special Treatment In China

More attention have been paid on the listed companieses' earnings management by our country's accounting academia with the development of china stock market in recent years,specially companies which had been special treated.Since 2006,a series of new regulations like the Accounting Standards for Business Enterprises have been issued and implemented,which limited the behavior of earnings management in many respects,and give the companies which had been special treated more pressure on avoiding losses and motive it to manage their earnings.This article researches on earnings management behaviors in our country's companies which had been special treated.Firstly,the article defines a suitable conception of earnings management,and on this basis,the article analyzes the earnings management prerequisites,motives,models and main methods.Additional,this article focuses on earnings management behaviors in our country's companies which had been special treated, and this involves in the thesis.In the empirical research, the thesis picks up companies which had been special treated in the 2008 based on data of listed companies of manufacturing industry in Shanghai and Shenzhen as the basic sample,and collects the data from 2006 to 2008.The thesis makes statistics analysis and empirical research on earning management condueted by companies which have been special treated,and analyzes earnings management of companies which had been special treated.The article chooses the scale close by control sample for these samples in the meantime,and constitutes the control sample and researches whether companies which had been special treated exist earnings management behaviors in the twists years. The empirical analysis draws the following conclusion:when listed companies have been special treated, they would choose earnings management,and there is preference in their behavior of earnings management.At last, based on previous theoretical and empirical analysis,the passage puts forwards some strategies to solve our country listed companies'earnings management problem effectively.It is important to maintain the lawful rights and interests of investors,and purify the environment of investment in the security market to seed up security market orderly operation.