A Study On Earnings Management Of Loss Listed Companies In China

Earnings management directly affects the quality of accounting and the relative interest of accounting information users, and it has been a hot topic of accounting research for a long time. At present, domestic and foreign scholars do a lot of empirical study about earnings management of listed company, because these studies are based on annual financial data, and pay less attention to the choice of opportunity of earnings management, and few of domestic and foreign scholars mention the situation of the quarter distribution of earnings management, it is worthy to study deeply.First ,the paper discuss the significance of the study about quarter preference of earnings management, which is based on realistic background and system background; Then, it gives the definition of earnings management and the theoretical basis. In Chapter 3, combining the system of China, it proves the special motive and the methods of earnings management in-depth China loss listed company; Then, in Chapter4, based on the hypothesis , I collect samples and the data, test the data using the descriptive statistical method and the distribution test method, and find the conclusion: Comparing with the first three seasons, the fourth quarter is the general one which earnings management of listed company happens; At last, according to the present situation of earnings management of loss company, we point out some essential and beneficial policy recommendations from these aspects: corporate governance structure, supervision system of loss listed company, accounting standards, and the external auditing quality.The paper tries to find the quarterly distribution of the earning management of the loss listed company from normative analysis and empirical analysis, and test the function of the new accounting standard. At meantime, protect investors from the fakement of earnings management, if investors know more about the factors of the behavior of the earnings management, they may analysis the quality of the earnings to protect their interest more effectively, and maintain the reasonable function of resource allocation of capital market. In addition, it gives a clue to the formulation of accounting standard and securities market supervision, and provides corresponding information for the normalization of securities market. In the view of academic, there were less studies about the season distribution of earnings management of China loss listed company, at the background of China economic environment and accounting standard including securities market, there will be different factors from the western. So, the paper try and explore in this field, hope to be useful in finding some research topic of Chinese characteristics.