IPO中的盈余管理行为分析

Analysis of Earnings Management in IPO

上市公司盈余管理行为对股东权益、资源配置和资本市场的健康运行有着一系列的影响。文章利用修正Jones模型对我国263家IPO的公司各行业的上市公司进行了实证研究,得出IPO时盈余管理的普遍性,并从IPO门槛、保荐人制度和中介机构等方面提出对盈余管理监管的建议。

Share holder＇ s rights, the allocation of resources and the healthy structure of the capital market are affected by the earnings management of the listed company. In the process of IPO, earnings management is universally in the will-be listed companies group. In this article, the author takes use of modified Jones model to prove this theory. At the same time, the author designs some solutions to this trouble from different perspective.