Benefit Of Listed Companies For Non-recurring Gains And Losses Empirical Study Of Earnings Management

It is very common that listed companies control and pack manipulation of information of earnings in Chinese capital market. Earnings manipulation often mislead investors, and result in the failure of capital market resources, and even make small investors huge losses. Because of information asymmetry, information supplier is the status of information superiority,that is bound to have an incentive to manipulate the use of various means to meet the profit requirements of the control to obtain the rent.As their one-time non-recurring gains and losses, occasional features, and generally a relatively large amount, the operation is relatively easy, listed companies have greater access to transactions occurring point to control it.In this paper ,based on the existence of earnings management of listed companies profit motive into the sample, placing the sample and the loss of the sample,on the analysis of 2007 -2009 listed companies, using descriptive statistics, statistical distribution and regression ,and analysis the presence of the sample companies using non-recurring profits and losses of earnings management and the using of non-recurring gains and losses for earnings management to study.The results show that low-profit firms and loss firms do exist for using non-recurring gains and earnings management behavior, and placement companies use non-recurring profits and losses of earnings management is not obvious.In the low-profit firms and loss firms using non-recurring gains and losses on the specific manner in all there are many similarities, in the end that on the basis of empirical analysis,and in terms of accounting standard-setting and regulatory policies to enhance improvement.This paper is divided into six parts,The first part of the introduction part introduces the research background and significance of the topic, literature review, research methods and the main content, the main innovation;The second part describes the non-recurring gains and losses, and earnings management theories, including contract theory, asymmetric information theory, principal agent theory and agent assumes;The third part introduces the use of listed companies for non-recurring profit and loss status and motivation of earnings management;The fourth part introduces the use of listed companies for non-recurring gains and losses empirical study of earnings management;The fifth part describes the use of irregular profit and loss of earnings management of empirical analysis of the specific way; The sixth part gives the conclusions and policy recommendations.