| Since 1980's, the western financial academics have paid special attention to the research of earnings management.The issue has become one of the significant topics of today's positive accounting research. Earnings management is not just a kind of accounting behavior.lt roots from the conflictions of different stakeholders. And corporate governance is a kind of system to regulate the relationship between different stakeholders.So the effectiveness of corporate governance does affect the behavior of earnings management.But China's scholars just started to study earnings management together with corporate governance in recent years.And most researches apply the method of theoretical analysis with few achievement of positive research. And the object of study is all listed companies, but few of the private listed companies.So the paper aims to do positive research on the relationship between earnings management and internal corporate governance structure.First of all,the paper explicates the conceptions and theory of private listed companies,corporate governance structure and earnings management as well as some related theories.And from the point of theoretical analysis,the paper discusses the relationship between corporate governance structure and earnings management of private listed companies.Considering China's actual situation, the paper designs a new measurement model to measure the extent of listed companies'earnings management.Secondly,based on the 98 samples listed in Shanghai Stock Exchange,from the characteristics of board of directors,ownership structure and management,positive analysis toward the relationship of private listed corporate governance structure and earnings management is conducted applying methods of descriptive statistic and logistic regression analysis.Finally,some advices are given to improve corporate governance structure with the hope of constraining the action of earnings management of China's listed companies. |
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