Differences In Corporate Governance Under The Executive Changes Impact On Earnings Management Research

With the development of the listed companies in China market, the earnings management problem is more and more attention. If the right to supervise and restrain the earnings management of listed companies, listed companies are likely to appear the high profits, the phenomenon of hiding losses, if there is a serious financial problems, will bring huge losses to investors. Study on inhibition of earnings management phenomenon, the main thing is to explore what kind of cases, the earnings management phenomenon is easy to happen and then try to avoid the happening of this kind of situation or for adequate supervision and management of this kind of circumstance.Listed company important economic decisions are made by senior management to make a final decision, and excellent executives often can bring considerable profits to the company and good prospects for development, many small shareholders of the company's decisions and can't fully understand, most of the time, small shareholders have the right to manage the company. So in a company, the biggest effect is often senior management personnel, in recent years, because our country manager market are also constantly improve, as a direct result of the phenomenon of managers' evolution and excellent managers have more opportunities to better development platform, have poor ability of managers are more likely to be eliminated, resulting in the executive rotation more frequently, executives change frequency is higher. Executives change is a major decision made by the board of directors, executives changes usually have a significant impact on the company. Executives for their own benefit or for the sake of higher professional honor. likely by the high profits to increase their own performance, to prove their ability. Executives change could be induced by earnings management, therefore, an important reason. This article select? the Shanghai and shenzhen two city of a-share listed companies as research samples, the analysis of the previous year's executives to change whether earnings management phenomenon and executive changes there is A certain relationship.From previous studies can be concluded that the degree of the perfection of corporate governance on earnings management has a significant relationship. A sound corporate governance system, significantly reduce the earnings management phenomenon. In this paper, further research on corporate governance, executive changes the relationship between earnings management and the perfect degree of different corporate governance system, executive changes occur when companies, earnings management phenomenon is changing. This article selects the research methods, based on the differences of corporate governance, grouped linear regression analysis respectively, and then compares, thus come to the conclusion.This article selects the 2011-2014, the Shanghai and shenzhen two city in China a-share listed companies as research samples, through the establishment of the model, the empirical analysis, the research executive changes impact on earnings management, first to study there are differences between the corporate governance of the sample, executive changes impact on earnings management between whether to change.