Based On Eva Listed Company Earnings Quality Analysis And Evaluation System

How to analyzes and evaluate company earnings quality is not only a significant academic subject, but a widespread practical significance. In the developing process of capital market, people are frequently to choose appropriate accounting income index. The existing recognized accounting principle and the accounting convention leave the space for earnings management in the certain degree for the company manager, this would have the negative influence on the earnings quality. On the one hand ,people can not but accept the existing report system, on the other hand diligently seek for the high-grade income index that can measure company performance well and truly .many new performance evaluation index derived from the accounting profit like the surplus income index, the comprehensive income index, the core earning index and the economic value added are recognized by the market. The economic value added (EVA) as a real reflection on economic profit characterized by its scientific and rational design, favored by investors more and more. Applying EVA to earnings quality analysis and evaluation already becomes fashion subject in the gradually mature market. Through analyzing and evaluating the earnings quality of the listed with EVA, investors can assess the extent to which earnings twisted the economic realism (i.e. assessing the relevance of earnings), as well as they can assess the extent to which earnings reflect the relation with the stock price (i.e. the reliability of earnings) .In this way, investors can make investment decisions more effectively according to the results of the evaluation of earnings quality.The first chapter of this thesis distinguish between the Accounting profit and the Economic profit, the earnings quality and the earnings management, the accounting information quality and the earning information quality , the goal is to make people profoundly understand...