Financial Fraud And Corporate Governance In The Process Of Listing Of Small And Medium-sized Enterprises

With the emergence and rapid development of the domestic securities market,the phenomenon of financial falsity of small and medium-sized enterprises is emerging,and showing a high-speed growth trend.In order to seek the listing status of the company,the small and medium-sized enterprises begin to engage in financial magic and implement false means,which will not only damage the reputation of the company,but also an improper economic illegal act,It has seriously damaged the resource allocation and operation environment of the whole securities market,disturbed the normal operation order,violated the legitimate rights and interests of the majority of securities investors,and reduced their investment confidence in the market.Therefore,after carefully reading a large number of materials,the author uses the methods of literature review,case analysis,and statistical analysis to study the false financial motivation and fraud behavior of small and medium-sized enterprises in the process of listing,and carefully introduces the three mainstream motivation research theories of gone theory,fraud triangle theory and iceberg theory.First of all,we select some representative enterprises and make a statistical analysis of their false behavior in the process of listing,and summarize the overall behavior characteristics and common ways.And H company in the process of listing at the risk of using financial false information as a case study.The specific means of fraud are to increase income falsely,to reduce costs,to conceal the transactions related to it.Based on the gone theory,this paper analyzes the motivation of H company’s financial falsity,need and exposure are as follows: seeking the listing status,excessive pursuit of personal interests;one share is unique,internal control is virtual,and intermediary agencies are not diligent;creating performance to meet the conditions of listing,and adopting radical development mode to attract new investors;The probability of financial false means being identified and exposed is low,and the cost of false means is extremely low.Combined with the development trend of information society,the paper introduces big data technology,and puts forward measures to deal with the financial false means of small and medium-sized enterprises in the process of seeking listing from different angles.It is hoped that the research can help the securities market to establish a long-term mechanism to deal with the false,so that small and medium-sized enterprises can no longer dare to do the false and can not do it.