An Empirical Research Between The Governance Structure Of Listed Companies And Earnings Management

Because of the existence of information asymmetry phenomenon, in recent years, the domestic and international financial fraud cases continue to emerge, listed companies use various means of earnings management, serious encroaching on the rights and interests of stakeholders. Investigate its reason, lies in the lack of effective corporate governance mechanism, so it is necessary to study the relationship between the listed company governance structure and earnings manage-ment,to regulate the governance structure of listed companies in China, and protect the com-pany and stakeholders' rights and interests.This article will reference on the literature of corporate governance and earnings management both at home and abroad, combined with the actual situation of earnings management of listed companies in China in recent years, screened 1517 companies from China's a-share market of 2009 and 2010, after variables definition and basic assumptions, using modified Jones model and SPSS 17 tools to make empirical analysis, including descriptive statistics, correlation analysis and multiple linear regression analysis, to calculate the regression coefficients of the variables , and t-test, F test and so on., so as to draw the conclusion, and then make suggestions for stan-dardizing the management of listed companies.Through theoretical and empirical analysis, the conclusion of this thesis is that,the proportion of the largest shareholder, the proportion of outstanding shares, the size of the board, the propor-tion of the independent directors, and the meeting frequency of the board of supervisors are in-versely related with the earnings management; The square proportion of the largest shareholder, the net return on assets, asset-liability ratio and earnings management is positively correlated; There is no correlation relationship between the scale of the board of supervisors and earnings management.