Research On Earnings Management In The Performance Commitment Period Of Mergers And Acquisitions

In recent years,due to the increasing number of mergers and acquisitions between enterprises,the issue of mergers and acquisitions of enterprises has attracted a lot of attention.It is worth mentioning that earnings management is a problem in the performance commitment period of enterprise mergers and acquisitions.Before the performance commitment period expires,the target company can often achieve the promised performance.However,some enterprises have performance commitment period expired,the company's performance has Waterloo type decline,one of the more obvious example is that you long game company acquisition Game Moon company.The enterprise performance of U9 game company has a huge contrast before and after the expiration of the commitment period of merger and reorganization,which makes many scholars begin to pay attention to the earnings management problem in the merger and reorganization of listed companies.In this context,this paper will take Shanghai U9 game co.,ltd.as the object of analysis,introduce the specific situation of the reorganization,according to the collected data for analysis,including personnel appointment,equity changes and other factors,to carry out a certain analysis and explanation of this kind of problem.The purpose of this paper is to put forward some Suggestions and ideas by analyzing the performance problems after the expiration of the commitment of U9 game company.Firstly,this paper adopts normative research methods to review and summarize the relevant theoretical studies and literature of domestic and foreign scholars on m&a and performance commitment.After summarizing the relevant researches of domestic and foreign scholars on this issue,the paper transfers to the perspective of this paper for research and analysis.This paper studies the authenticity of enterprise's performance during the realization period of merger and acquisition project and the impact and causes of performance commitment on enterprise performance,and studies the enterprise's earnings management through the analysis of enterprise performance.Secondly,this paper also adopt the case study method,taking U9 game co.,ltd.as the research object,as a typical representative enterpriseto achieve high promised performance in the commitment period,and huge losses after the commitment period.Combing through the company's performance commitment during the merger and reorganization,the phenomenon of accurate compliance with the commitment and the reasons for the formation of performance commitment during this period are analyzed.Finally,after determine the cause of the corporate performance commitments,by using the method of comparative analysis of the company from the enterprise data acquisition before the implementation of a few years to m&a commitment period over the next few years enterprise performance data,this paper compares and analyzes from the analysis found that the performance of the landslide swim long game company in the phenomenon,sums up the enterprise for the effects of the performance of the commitment to the enterprise.In view of this performance decline phenomenon and the impact of U9 game company,this paper puts forward relevant Suggestions to relevant enterprises and regulatory authorities on the above phenomenon and problems,and reveals the means of earnings management and the causes of performance commitment of the company.Through the study of this issue,hope to give some enlightenment and warning to the relevant listed companies,but also to provide the relevant regulatory departments regulatory issues help.