Research On Problems And Countermeasures Of Financial Fraud In Backdoor Listing Company Jiuhao

Over the past decades,China's capital markets have developed rapidly and achieved remarkable results,but at the same time,more and more companies have adopted a series of"abnormal" means to package their financial situation in order to obtain listing qualifications,the most prominent of which is financial fraud.Financial fraud is a global problem,the recognition and management of financial fraud has always been the concern of accounting and even the economy.Our country's financial fraud rate is higher than developed countries,in recent years the CSRC in China also increased the verification of financial fraud.But China's capital market financial fraud can not be effectively contained,except the inappropriate institutional arrangements,lack of an effective exit mechanism,also includes accounting for rent,regulators and local governments as an umbrella for financial fraud,lack of risk recognition and identification method for financial fraud in relevant intermediary organizations,which makes it possible for Chinese listed companies to take advantage.This paper is divided into six parts.The first part is the introduction.This part analyzes the background and significance of the thesis.The second part is the related concepts and theories.This part elaborates the relevant concepts and theories of financial fraud,and clarifies the concept of corporate backdoor listing.The third part reviews the specific business model,stock structure and financial fraud cases of Jiaohao Group.The fourth part analyzes the background,motivation,means and influence of financial fraud in Jiuhao group,and analyzes the occurrence of financial fraud in it from the problems of internal governance and external intermediary auditing and supervision.At the same time,it makes a comparison and analysis between Jiuhao group and related cases,and draws out the unique features of financial fraud in Jiuhao group.The fifth part puts forward some suggestions to prevent the occurrence of financial fraud,including how to prevent the occurrence of financial fraud from the angle of internal management and external management,and puts forward some suggestions to protect the rights and interests of middle and small investors.The sixth part makes a summary and puts forward the future prospect.This paper mainly adopts the literature analysis and case-oriented research methods,and refers to the related literatures of the predecessors,reviews the relevant documents and data of the company,puts forward some suggestions on the identification and management of financial fraud in China,and lays a certain foundation for future research.