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Reseach On Influence Of Production Market Competition To Earnings Management

Posted on:2018-03-03Degree:MasterType:Thesis
Country:ChinaCandidate:X T LiFull Text:PDF
GTID:2359330515456569Subject:Accounting
Abstract/Summary:PDF Full Text Request
The accounting surplus can contain more important information than cash flow,dividends and any other relative information.The quality of surplus for accounting information has significant impact,the affect from creditors to investors,from managers to stakeholders who can make decision-making behavior from the analysis of financial statements,these can affect the stock market stable and healthy development.A numerous of existing papers have study the internal governance system of listed companies from the structure of owners to the nature of the product's impact on earnings management.Through earnings management for listed companies can use many different ways,accrued earnings management and real earnings management are both inclued.But there are some researches have shown that existing earnings management not only by the factors of enterprise itself,the influence of the environment is more important,research for the role of the industry and the related system and other external factors was relatively less.Modern competition theory tells us that we can adapt the perspective from competition of product market as a starting point,studying the effect of product market competition to earnings management.In addition,for research of earnings management research,there are many perspectives to accrued earnings management,however,there are few real earnings management researches,product market competition not only has influence for accrual earnings management but also for real earnings management,this is still a problem that has not pay enough attention to.Paper embarks from the product market competition,using the conclusions of existing research,and refer to modern competition theory,information asymmetry theory,property ownership theory,bankruptcy and liquidation threat hypothesis and environment and the background of listed companies in our country,put competition of product market and earnings management in the same logical framework to explore the relationship.Paper uses normative research theoretically study the effect of product market competition on earnings management and use three years date from 2013-2015 a-share listed companies of' Shanghai and Shenzhen as the research object,through empirical test the impact of product market competition on earnings management then select suitable regression model,makes an empirical analysis on the relationship between the two.Robustness test is also made on the result.Finally,related suggestions are put forward about product market competition to earnings management.
Keywords/Search Tags:Market competition, accrued retained earning, real retained earning
PDF Full Text Request
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