Research On The Motivation Of Earnings Management Of Real Estate Companies

On the basis of complying with accounting standards,there is a common earnings management behavior in the capital market that the enterprise management authorities control or adjust the accounting earnings information reported by enterprises to maximize their own interests.Earnings management makes earnings data lose its basic reliability and affects the quality of accounting information.Excessive earnings management directly affects the development of enterprises,infringes the rights and interests of the majority of stakeholders,and is not conducive to the market allocation of resources.Real estate is closely related to people's life,which directly affects people's daily life.It is of great significance to study the motivation of earnings management of real estate enterprises to identify earnings management behavior of real estate enterprises.Aiming at the problem of earnings management of listed real estate companies in China,this paper sums up four earnings management motivations of listed real estate companies,which are financing,debt contract,reward contract and tax motivation.Taking 98 A-share listed companies in Shanghai and Shenzhen stock markets in 2008-2018 as research samples,this thesis uses earnings distribution method to test that listed real estate companies are Whether there is earnings management behavior,and establish a regression model to empirical study the earnings management motivation of sample companies.The results show that: there are obvious earnings management behaviors in real estate listed companies in China;financing motivation has a positive and significant impact on earnings management of real estate listed companies;debt contract motivation has a positive and significant impact on earnings management of real estate listed companies;reward contract motivation has a negative and significant impact on earnings management of real estate listed companies;tax motivation has a positive and significant impact on earnings management of real estate listed companies Management has a significant positive impact.Some suggestions are put forward,such as paying attention to the identification of earnings management,increasing the role of creditors in restricting enterprises,giving full play to the external supervision function of certified public accountants,strengthening the external supervision of Taxation,and improving the level of corporate governance,which provide reference for standardizing the earnings management behavior of the real estate industry.The thesis has 6 diagrams,16 tables and 69 references.