Study On Effects Of Listed Companies’Management Features On Earnings Management

With the in-depth development of the Capital markets, the earnings management has become a widespread phenomenon. In our country, if the listed companies have the excess earnings management behaviors may misadvise all the accounting information users, which results in the capital markets putting up the allocation of resources optimized difficulty, seriously harm the healthily and orderly development of the capital markets. So in our country, the earnings management exists as an objective facts, its adverse effects is much bigger than the positive effects, its dangers is becoming bigger and bigger. The influence of the earnings management behaviors of the listed companies to the quality of financial reporting can not be ignored, and the degree of the earnings management of the listed companies is closely related with its management features. But in recent years, our Chinese capital market occurred a series of distortion events of the financial report, which has a lot to do with the corporate management basically. That is to say, whatever the selections and applications of the accounting approaches, and the change of the accounting estimates, they all decided by the management finally. With the words above, we can see that the control of management to the earnings management is an important factor of affecting the degree of earnings management. So, studying the influence of management features to the earnings management is very meaningful.Based on the perspective of the listed companies’management, this treatise uses the method of combination of theoretical analysis and empirical tests, starts with the motivations, means and consequences, theoretical elaborates the influence of the listed companies to the earnings management, by using the correction Jones model to measure the degree of the earnings management, then empirical test the influence of the listed companies’features variables to the earnings management, reach a conclusion of the relevant features of the listed companies have a certain influence to the earnings management. And on the basis of analyzing the empirical results, according to the situation of our country, the treatise will put forward the countermeasures of irregularities the earnings management of the listed companies from both the macro-level and micro-level.