An Empirical Research On The China’s Listin Company Inearnings Management Under The Fair Value

Earnings management’s research in western countries has thirty years of research history. In recent years, with the rapid development of economy in our country, earnings management application in China is becoming more and more widely. In2006, China’s ministry of finance promulgated the new accounting standards, and all the China’s listing company carried it out in2007. The biggest bright spot of new accounting standards is introduced the fair value measurement attribute.In the new standards, fair value measurement attribute of different level is introduced into the debt restructuring, non-monetary assets exchange17specific standards. Fair-value measurement attribute becomes a tool which the China’s listing company uses it to manipulate profit, therefore, the fair value of our country’s listed companies earnings management can produce what kind of impact people becomes the most concern, discussing the relation between earnings management and the fair value are very important.Based on the previous studies about fair value and earnings management, the paper study method is norms and empirical research combined. First of all, this paper comprehensive states the study about the fair value and earnings management domestic and overseas, and the normative study on fair-value and its impact on earnings management are in eluded in the paper. Then, the empirical study on earnings management about changes in fair value gains and losses, income on investment, devaluation lost of assets and nonoperating income and expense are constructed and reported. This paper chooses the data of listed companies in China from the end of2009to the end of2011, and amends the JiangYiHong (1998) model, and applies SPSS17.0statistical analysis tools, empirical research the hypotheses and argumentation,and puts forward some relevant Suggestions and countermeasures from the conclusion of the research about the present situation of the earnings management.