The Research On Accounting Earnings Quality Of The ST Listed Companies In China

Listed company’s financial information can always get attention. During the disclosure of accounting information in listed companies, people tend to focus on the analysis of accounting earnings information. Because the listing Corporation accounting earnins information is directly related to the vital interests of the stakeholders. Through the accounting earnings information, which is disclosured by enterprises, investors can analyze the situation of the enterprise development. Guiding the investors to make reasonable investment decision, obtaining additional economic benefits or reducing economic losses. The government also can carry out effective macro-control of economy, to guide the flow of capital right, to promote the efficient allocation of resources. In addition, stock market can maintain the principle of market transactions and establish a good image of the industry. Leading the development of the industry sustainable and healthy.Reading a large number of domestic and foreign earnings quality literature and finding that the study is aimed at the general listing Corporation. Such studies can not represent the industry as a whole, also ignoring a class body-the ST listed companies. China’s ST listing Corporation is unique, the quality of accounting earnings will show some characteristics. Therefore, this paper takes the ST listing Corporation as a sample, researching the company’s earnings quality. At the same time, starting from the study on the influence factors of audit quality to analyze the quality problems of the ST listed Corporation accounting earnings in China. This analysis perspective not only has important practical significance, but also become this article innovation spot.In this paper, combining the method of theoretical research and empirical research, to realize the complementary advantages of both in research methods. The following is the main sections of this article:First of all,defining the related concepts and literature review at home and abroad. Defining the concepts of the listing Corporation earnings quality, China’s ST listing Corporation, audit. Making simple introduction to the definitions. And then, reviewing the current classical literature at home and abroad, summing up the core viewpoints, and choosing the section view as the basis of this article. In addition, analyzing the present situation of domestic and foreign research on this problem, to find out the insufficient.Secondly, Introducing the related theory. Through telling EMP, CAPM, Principal-agent Theory. Providing the theoretical basis for the ST listing Corporation earnings quality analysis in China, and leading the direction for this paper and then, exploring the audit factors。Thirdly, empirical analysis of the ST listing Corporation accounting earnings quality in China. Based on the empirical results, analyzing the audit factors of China’s ST listing Corporation earnings quality. Based on the classical literature study, putting forward the research hypothesis. After referencing the classical model and the modified model. Selecting the key indicators that readily quantifiable, and included them to the basic model. Then, using statistics and empirical analysis method to test the hypothesis. To explore earnings quality of the ST listed companies in our country. At the same time, based on the empirical conclusion, making the appropriate extension of the audit perspective, to find the main factors which will influence the earnings quality of listed companies in China.At last, Making relevant policy recommendations. According to the results of the empirical analysis,to find out the main reasons which affecting earnings quality. Putting forward a series of measures conducive to improve ST listing Corporation accounting earnings quality in China. At the same time, describing the shortage and proposing the future.