Research On Earnings Management Of Listed Companies Based On Corporate Governance

In recent years,China's market economy has developed rapidly,and the development performance of listed companies is quite different.However,behind the rapid development,we have to face financial information distortion events again and again.And this time and again accounting information distortion events and excessive earnings management enterprises have an inseparable relationship.Increasing competition in the market and the enterprise accounting system is increasingly perfect,under the condition of the enterprise to manipulate earnings by earnings management way also more and more hidden,then through the research of the listed company earnings management behavior found by means of earnings management of listed companies manipulate the root cause of the enterprise accounting information is particularly important.This paper focuses on the research: what are the main ways for listed companies to conduct earnings management? The relationship between the motivation of earnings management and internal and external governance of listed companies? What is the fundamental reason for listed companies to control profits through earnings management? How to reduce earnings management by improving corporate governance structure? For the study of the above problems,this article combed the literature both at home and abroad,found the study of the listed company earnings management way and the dynamics model and method,and then combined with specific case-the case of letvearnings management,first using the model and the method of empirical analysis on the case of the company's financial data,prove the case company earnings management behavior,and then letv for three typical methods of surplus management: Deferred income tax assets,intangible assets and related party transactions to carry on the system analysis,then from the perspective of corporate governance letv to conduct a comprehensive analysis to its earnings management motivation,and draw the conclusion: The defect of corporate governance mechanism is the fundamental cause of earnings management of companies in shanshi.However,in the internal governance of domestic listed companies,there are such problems as high concentration of equity,unreasonable board structure and lack of professional ethics of senior managers.From the perspective of external environment,it is mainly due to imperfect information disclosure,lax accounting standards,insufficient government supervision and legislation.Among them,the high concentration of equity and the phenomenon of single share in corporate internal governance are the main reasons for earnings management.The article last part to reduce by earnings management of listed companies to manipulate profits,from the perspective of corporate governance and some optimization Suggestions were put forward,in order to improve the corporate governance environment and reduce the occurrence of earnings management of listed companies.Based on the research of the earnings management of listed companies,this article from the perspective of corporate governance has found through earnings management of listed companies to manipulate the deep reasons of the accounting information quality,this article from the perspective of corporate governance analysis for the fundamental cause of earnings management of listed companies,and thus concluded that the proposed rationalization Suggestions to perfect the governance structure of listed companies,to help reduce the earnings management of listed companies,improve the quality of accounting information of listed companies,optimize the distribution of market resources,enhance investor confidence,for the development of Chinese securities market and the steady and fast development of market economy to provide power.