The Research On The Management Disclosure Strategies Of Forecasting Earnings Information Of Our Nation's Listed Companies

The concept of Decision-making Availability of accounting has been established, which makes the border of finaical accounting move into the realm of forecasting earnings information and consolidate its progress. In our nation, the process of the movement presents a picture full of hardness and curves. On one hand, it shows the importance of forecasting earnings information. On the other hand, it tells us about how much effort the government supervision organization has been made to improve the relevance of accounting information.Comparing to the effort the government supervision organization has been made, the reseaches refering to the disclosure hehavior of forecasting earnings information are dificient in our nation, which merely concentrate on the accuracy, the relevance of the information or superficial discussing. According to the deficiency of the reseaches, this paper researches the management behavior of disclosure and the strategies they take. After the conceptual framework of forecasting earnings information being estabilshed, this paper analyses the factors which effect the disclosure behavior, and then reseaches the existing disclosure behavior by the approaches of Game theory and statistical method, to supply significative market evidence to develop the disclosure system.This paper's innovations includes: (1) making a comparison among several forecasting earnings information, and considers that there exists three kinds of forecasting information with different forecasting attributes, including economic forecasting, accounting forecasting and the combination of economic forecasting and accounting forecasting; (2) analyzing the whole forecasting system, and considering that the Earning Preannouncement Regulation has experienced an improving historical cycle, meanwhile, considering that it's a symbol that forecasting earnings information disclosure regulation takes a material step to adopt voluntary disclosure; (3) researching the management disclosure strategies from various aspects, and finding the disclosure bias in"spanning zero movement"and"50% disclosure"phenomenon.