Research On The Relationship Between The Board Characteristics And Earnings Quality In Private Manufacturing Listed Company

Private Listed Companies plays an important role in promoting China's capital market development and perfection. The Board of Directors is the core of modern Corporate Governance, which is corporate supervisory and control system key. Meanwhile, Earnings Quality is the core content of Accounting Information Quality, which as important aspect in appraising the financial health of enterprise. Therefore, this study uses the China's Private Manufacturing Listed Companies as the research object, and probing into the relationship between Board of Director Characteristics and Earnings Quality.This study considers the decision usefulness of accounting information, which using the related Economic Theories to measure the discretion of the Earnings Quality, analyzing the correlation in empirical perspective, trying to find out the Board defects of Private Listed Company, aiming at the existing problems, then putting forward relevant suggestions to improve the Earnings Quality. The first part of this paper introduces the background and the purport of the research, secondly which gives an integrated discussion about the research status in quo at home and abroad on Board Characteristics influence the Earnings Quality, and then is research target and content, finally is to elaborate this research method and technical line. The second part of the thesis is one of the core contents of a subsequent research foundation. First introduces the related concept, then discusses related theory between the Board Characteristics and Earnings Quality, and finally proceeds a theoretical analysis and puts forward relevant hypothesis. The third chapter according to the proposed hypotheses of second chapter to select Private Manufacturing Listed Companies as researching sample, defines the study variables, and reasonably evaluates the Earnings Quality, finally introduces the researching model. Dissertation chapter 4 is the key content, which basing on chapter 3, firstly proceeds descriptive statistics analysis between Board Characteristics and Earnings Quality of Private Manufacturing Listed Companies, Secondly bases on theoretical analysis and assumptions to proceed econometric analysis, finally comparison analysis between Board Characteristics and Earnings Quality of Private Manufacturing Listed Companies. The fifth chapter bases on conclusion of empirical test, with the current situation of China's Private Listed Companies and regulation of the board running, how to improve the Board Characteristics in order to improve the Earnings Quality level from several expatiate of the Board Characteristics separately, and puts forward some policy Suggestions. At last, it Points out the research limitations and future research direction.