Empirical Study On Relationship Between Earnings Management And Corporate Governance Structure

With the establishment of market economy in China, the development of capital market, the earnings management has become the focus of the attention. Domestic scholars stu dy of earnings management in mostly earnings management, as well as when happen whether happen etc. And the article will exist in order to find out the listed company's internal make sprout earnings management, study on the Corporate Governance how to effect the earnings management.Based on the researches of the Corporate Governance how to effect the earnings management. using entrust generation theory and stakeholder theory ,combining with the actual situation of Chinese listed companies, discusses the deep reason of earnings management behavior by empirical testing methods, exploring listed companies in the governance structure on the influence of earnings management behavior. This paper selects out the year 2008, 2009 listed companies as the research object, correct the foreign classical econometric model– the expand and improve Jones model, increase intangible assets, other long-term assets, operating costs and inventory variables to determine the degree of earnings management. In the empirical part ,the paper show that the directors of the size, the characteristics of frequency, the board meeting equity structure of the first shareholder's, senior executives shareholding, control variable asset-liability ratio and asset scale and earnings management is correlated; Equity structure institutional investors holding ratio, management features chairman and general manager in both whole and earnings management negatively correlated; Finally, based on the analysis of the actual situation in our country, find out the reason for the empirical results, and suggests some submission to optimize the corporate governance of listed companies, thereby control the earnings management.