中国亏损上市公司盈余管理研究

Study on the Earnings Management of Loss Listed Companies in China

盈余管理的研究已有近30年的历史。近年随着中国资本市场的建立和发展,盈余管理成为实证会计研究的一个重要领域和热点问题。然而过度的盈余管理行为会干扰盈余信息使用者,也会损害投资人等企业外部相关人的利益,甚至扰乱市场秩序,影响资本市场的健康发展。对亏损上市公司盈余管理的研究,不仅有助于证券监管机构对上市公司的管理,而且可以通过问题的发现找到原因并提出科学可行的内外部综合防范措施,提高中国证券市场的资源配置功能。

The study of earnings management has a history of about 30 years. In recent times, with the development of Chinese capital market, earnings management has become an important area of study for the empirical accounting practice. Excessive earnings management not only interferes with earnings information users, but also damages the interests of investors and other related parties of the company. It may even disrupt market operation and affect development of capital market. Earnings management for loss listed companies research helps to bring about benefits to the securities regulatory bodies for organizing the listed companies. More importantly, it can provide measures to prevent internal and external problems through the discovery of them. The resource allocation of Chinese securities markets can thus be improved.