扭亏上市公司盈余管理实证分析

An Empirical Analysis of Earnings Management of the Stop-loss Listed Companies

上市公司盈余管理问题一直是国内外资本市场存在的难题。由于明显的盈余管理会危害到投资者的利益,所以对上市公司盈余管理的研究一直都是较为关注的研究话题。针对近几年ST上市公司,在日益完善的监管政策之下,其在扭亏为盈的年度是否进行盈余管理以及盈余管理的程度,通过分析操控性应计利润验证假设,提出应完善公司的治理结构、完善会计准则及其他规范制度和完善监管部门的监管制度的建议。

Earnings management of listed companies has always been a problem in the domestic and foreign capital markets.Research on the earnings management of listed companies has always been a topic of concern,since obvious earnings management will jeopardize the interests of investors.This article focuses on ST listed companies in recent years,and uses empirical research to find out whether they are performing earnings management in the year of turning loss under an increasingly profitable regulatory policy.By analyzing the hypothesis of the control accrued profit verification,it puts forward suggestions to improve the corporate governance structure,the accounting standards and other norms,and improve the regulatory system of relative authorities.