Research On The Influence Of The Management Structure Of The Listing Corporation On Earnings Management

The Western theorists began research on earnings management from the 1980 s. In recent years, more and more attention on this issue has been paid in the field of financial researching company, especially for listed companies. The surplus of a company’s management is not an individual act, but a widespread issue. Moreover, it is a huge risk for capital market development. Corporate governance is actually a system arrangement, whose purpose is to regulate the rights, duties and interests of the company’s stakeholders. The degree of improvement of corporate governance greatly affects the degree of earnings management and, thus affects the efficient allocation of capital markets and the degree of social resources distribution.Chinese scholars on the relationship between corporate governance and earnings management started later, and most studies are based on the normative analysis, relatively little emphasis on analysis results. Therefore, this thesis used not only the normative analysis, but also the method of empirical analysis, from the perspective of the amount of in-depth measure the impact of the corporate governance structure of earnings management to make this relationship more clear and intuitive.This thesis describes the background and significance of the research, then explains the research methods and framework. Firstly it chooses, and then introduces the basic theory of the two and from both domestic and overseas aspect on the status of theoretical research. Econometric model is a strong support of empirical research, this article referred to the real situation of China’s listed companies, selected sectional Jones model, combined with the descriptive statistics on the relationship between corporate governance and earnings management. Finally, it proposed from both the perspective of corporate finance and securities markets.