A Case Study Of Financial Fraud Of Xintai Electric Co.,Ltd Based On The Prospective Of Corporate Governance

China's capital market started late but develops rapidly.It stimulates China's economy to an unprecedented degree.But the following financial fraud problem has been perplexed investors and accounting scholars.In recent years,the capital environment has changed rapidly and the development is very rapid.However,financial fraud problem has not been solved but becomes more and more serious.To find out the fundamental motivations of financial fraud in order to find ways to curb financial fraud,thereby fundamentally reducing the emergence of financial fraud.This paper starts from the perspective of corporate governance,analyzes the internal and external aspects of the financial fraud of listed companies from corporate governance,and puts forward some effective measures.The main contents of this paper include the following six parts:The first part is about the introduction.Introduce the background of the whole research,also tells the objective and the significance of the research.Introduces the basic idea and the content frame of the research,the following is research method and innovation point.The second part introduces the definition of corporate governance and financial fraud and the theoretical achievements.Summarizes researches from foreign scholars and domestic scholars about corporate governance and financial fraud but also the relationship between the two studies.Analyzes the background of the governance system of listed companies in our country at present,and finds out the shortcomings and the direction of the research.The third part is the brief introduction of Xintai Electric Co.,Ltd Financial Fraud Cases.Introduces the general situation of Xintai Electric Co.,Ltd and reviews the ins and outs of the case.In the fourth part,the case of Xingtai Electric Co.,Ltd Fraud is taken as an example.First analyzes the means of Xingtai Electric fraud.The following is the analysis of the motivation of Xintai Electric's financial fraud from the two aspects: the internal governance and the external governance.There are four aspects of internal motivation: equity structure,board of directors and supervisors,audit committee and senior management.External factors include capital market,government,bank and intermediary.The fifth part is about prevention measures and recommendations of financial fraud based on the corporate governance.Through the Xintai Electric Co.,Ltd financial fraud case analysis,combined with China's special company system background,shows how to improve internal structure and external structure of corporate governance effectively.The sixth part is the conclusion of the study,summarizes the whole paper,summarizes the shortcomings and explains the follow-up research direction.