Discussion Of Accounting Rent-Seeking Governance Problem Of ST Company

Our country is in the stage that mixed economic system change into market economic system, at this stage, it appear rent-seeking economic phenomenon Rent-seeking not only affects the economic development of our country, but also affect the stability of our country, which is a notable problem in China’s economic and social reforms.In the study of rent-seeking theory, as a result of our country《accounting standard for business enterprises)) and the existence of the industry accounting system, the study of accounting rent-seeking is endowed with special color. ST company has some poor management benefit, the decline in financial health, it is easy to slide into PT company ranks or delisted company finally. In order to protect shell cap, using the method of accounting rent-seeking, tries to achieve the purpose of the cap the star, became one of the important means of ST company to use. To study the problem has a important significance to improve the governance of accounting rent-seeking theory and perfect operation of preventing and control accounting rent-seeking.This paper is on the basis of accounting rent-seeking theory research, the form and the characteristics of accounting rent-seeking of ST company in China, analyze the causes of the accounting rent-seeking of ST company, draw lessons from foreign experience and proposed management countermeasures of the ST company accounting rent-seeking behavior.In this paper, by using the method of normative research, and at the same time combined with case analysis and quantitative analysis, according to "ask questions——analysis reason——put forward countermeasures " train of thought, accounting rent-seeking behavior of ST company in the actual test and theory analysis, grasp the scientific essence, explain the rules.Besides preface and conclusion, There are four chapters in the structure to illustrate the ST company accounting rent-seeking governance related issues. The first chapter is a introduction to the theory of accounting rent-seeking behavior of ST company, including definition of several basic concepts, accounting rent-seeking theory overview, the general theory of accounting rent-seeking governance, the characteristics of accounting rent-seeking of ST company in China; The second chapter is the reality of accounting rent-seeking analysis of ST company, include the performance of the accounting rent-seeking of ST company and the causes of ST companies accounting rent-seeking.; The third chapter is the western country govern delisting warning company accounting rent-seeking behavior experience for reference, draw lessons from western countries governance delisting warning company accounting rent-seeking experience few ideas; The fourth chapter is some suggestions of the governance to accounting rent-seeking behavior of ST company. including governance to accounting rent-seeking behavior of ST company, advice to ST company, Suggestions for the government and related institutions.Based on the accounting rent-seeking theory, this paper puts forward that in order to govern ST company accounting rent-seeking behavior should adopt the method of "the combination of internal and external governance". Internal governance refers to the ST company itself should enhance the core competition, improve the incentive constraints mechanism and improve ST company governance structure. External governance refers to the government and related organizations should improve the system of accounting standards and accounting, reducing government intervention and regulating the behavior of regulation, improve people’s rent-seeking mean, and improve the system of independent audit.