房地产上市公司信息披露质量与盈余管理研究

Study on information disclosure quality and earnings management of listed real estate companies

房地产行业关系着人民的生活质量。房地产行业中盈余管理的出现是由于多年来高房价、高利润以及行业监管的缺失所导致的。研究我国房地产上市公司会计信息披露质量与盈余管理之间的关系,并探讨资本结构、股权结构、公司盈利能力对二者关系的影响。利用修正的Jones模型,实证分析信息披露与盈余管理的关系。研究发现,房地产上市公司存在盈余管理行为,信息披露质量越高则盈余管理水平越低,即二者呈现负相关关系。

Real estate industry impacts the quality of people＇ s life. The emergence of earnings management in real estate industry is because of the higher house prices, the higher profit margins and the lack of regulation. The relationship of accounting information disclosure quality and earnings management of listed companies of real estate industry in China is studied, and the influences of capital structure, ownership structure, and corporate profitability on it are discussed. By applying modified Jones model, empirical analysis is produced on the relationship of accounting information disclosure and earnings management. The study found that earnings management exists in listed companies of real estate industry, the higher the quality of information disclosure, the lower the level of earnings management, namely, negative correlation exists between them.