Research On Earnings Management Based On The New Debt Restructuring Standard

Whether the listed company is studied used the new standards of debt restructuring implemented in 2006 to manage earnings or not, and the research show that the debt restructuring companies are more inclined to carry out the earning's management, especially for the profit-loss and"ST"companies for the purpose of bringing down financial risks, making up the deficits or getting rid of"ST".This thesis based on a large number of domestic and foreign literature and the result achieved, at first puts forward the distinction and definition of the connotation of the old and new debt restructuring and many aspects, then using various of research analysis on"ST"company, analysis in debt restructuring before and after each financial indexes variation of"ST", such as through the net profit of listed corporations, debt restructuring profits and losses, profitability ability, solvency ability, operation ability, then the study proof that enterprise dose exists using new debt restructuring criterion of earnings management phenomenon.Results show that compared with other not to reorganize their company's liabilities, the others mostly are"ST"company, to the extent that they want to satisfy the securities supervision and reach the stars pick cap and other reasons, the listed companies in our country do exist using new debt restructuring the criterion of earnings management motivation.Therefore, this article through to carrying out the 2006 new debt restructuring criterion , analyzed and studied the influence of some of the listed companies , summarizes the existing problems, and then on new debt restructuring criterion revision puts forward some constructive suggestions and advice.