财务欺诈手段识别:来自中国上市公司的实证分析

Financial Frauds Based on the Empirical Analysis of Chinese Listed Companies

以1998-2005年因欺诈嫌疑被中国证监会、上交所、深交所、财政部处罚的33家中国上市公司作为样本,建立了一个适合中国资本市场的、基于公开披露的财务报告信息的Logistic回归模型,用以判断上市公司财务欺诈行为的可预测性。

This paper takes 33 listed companies as samples from 1998 to 2005,which had been punished by China Securities Regulatory Commission,Shanghai Stock Exchange,Shenzhen Stock Exchange and Ministry Of Finance,and builds up a logistic regression model,which is suitable to China s capital market and is based on the public accounting information,to access the probability of financial fraud.