The Study On Earning Management Of Real Listed Companies Under The Corporate Governance

With the rapid development of our contemporary economy,the company system is also improve constantly,Corporate governance structure has become a product of the social and economic development,so the company governance structure becomes a important system which regulate companies business and development.Corporate governance structure as the cornerstone of the development of the modern companies,which plays a important role to regulate the company's business development.But because the subject of corporate governance structure supervision and incentive mechanism are not sound,the listed companies use the corporate governance structure m make earnings management and the behavior becomes more and more popular.Corporate governance structure can inhibit earnings management behavior of listed companies to a certain extent,but the system also provide space for earnings management of listed companies in some other ways.Therefore,the research of the relationship between corporate governance structure and earnings management,that have a very important significance.Based on previous studies,the normative study on corporate governance and its impact on earnings management are included in the paper.First of all,the dissertation elaborates academic achievements of domestic and international,and include the related theory of corporate governance structure and earnings management,the development of the real estate industry are expounded The paper make a deep analysis of the various parts of the corporate governance structure on earnings management.Then,chose the explained,explain variables and control variables to make a study on the real listed companies of our country's earnings management behavior,and based on the modified Jones model,join the intangible assets such as variable to calculated the explained variable.and build the measurement model of corporate governance structure and earnings management.This paper selected the date on the listed companies of our country as the research sample in three years lately from 2013 to 2015,and use Excel statistical software to study the corporate governance structure of the sample data with descriptive statistical analysis,by using the statistical software SPSS19.0 to make the correlation analysis and regression analysis.It proves whether the hypothesis istenable.so we can get the conclusions of the paper: The first big shareholder shareholding and the level of earnings management of real listed companies has significant positive correlation;The equity balance degree and the level of earnings management of listed companies has significant positive correlation correlation;the proportion of independent directors and the level of earnings management of real listed companies has significant negative correlation relationship;supervisors' size and earnings management of real listed companies has obvious negative correlation relationship;Whether the manager and chairman of the board realize the separation of the two powers and the level of earnings management of real listed companies has significant negative correlation relationship;Finally,the paper puts forward relevant policy suggestions.