Research On The Relationship Between Earnings Management And Accounting Information Quality

From the 1980's,scholars of the accounting profession have been the quality of earnings management and accounting information as a hotspot.But it is between the two natural enemies.In today's increasingly competitive global economy,earnings management of listed companies are also emerging,more common,but after making company earnings management behavior,the quality of accounting information will have an impact,will make the accounting information disclosure does not reflect the real situation of the company and then will enterprises outside investors misleading,not only against the interests of investors,but also have a serious impact on the healthy and orderly development of capital markets.Therefore,earnings management and accounting information quality research is very necessary.This paper reviews the earnings management and Quality of Accounting Information relevant literature at home and abroad on the basis of research results to sort out,to the principal-agent theory,asymmetric information theory,signaling theory,efficient market theory as the theoretical basis,a more detailed system expounded the meaning of earnings management,the existence of reason,motive,means,and methods to measure the quality of accounting information on the meaning,characteristics,influencing factors,and the relationship between earnings management and the quality of accounting information between done analysis,later empirical Study pave the way.In the empirical research,this paper based on the theory,combined with China's national conditions,select the Shenzhen A-share 170 manufacturing,2009-2014 A 6-year total 1020 samples for the study.In the empirical study,first select a surrogate for research object,the measure of earnings management,at home and abroad,there are three general measure,which metering modified Jones model the handling accruals in line with China's national conditions better,and use a wide range.Thus,Jones In this paper,the modified model to calculate the company's manipulation of accruals to measure earnings management company.In an alternative variable quality of accounting information selected,the paper chooses the Shenzhen Stock Exchange listed companies publish annual information disclosure quality ratings to measure the quality of accounting information of the company.Because the authority is the Shenzhen Stock Exchange,listed annually by the quality of accounting information disclosed by the Company in many ways a comprehensive evaluation,the listed companies to publish information disclosure quality rating more convincing.Among the control variables,the author of a review of a large number of relevant literature,summarizing predecessors,based on the quality of assets,total assets and liabilities,firm size,the total return on assets,liquidity ratio as a control variable.Use these indicators to verify build quality of earnings management and accounting information on the relationship of multiple regression model.Using EXCEL,SPSS statistical tool among variables do descriptive analysis,Pearson and Spearman test,and do regression analysis.It concluded that: the quality of accounting information(1)the Shenzhen Stock Exchange listed manufacturing companies have increasingly good trend;(2)the degree of earnings management and accounting information quality was a significant negative correlation,that the higher the earnings management.The lower the quality of accounting information.Finally,the conclusion of the study is based on recommendations.