我国A股上市公司基于配股权的盈余管理研究

On Rights Issue Polices and Earnings Management Behaviors of China' s A Share Listed Companies

以实证研究的方法检验了我国A股上市公司盈余管理行为对1906年1月、1999年3月与2001年3月出台的配股政策的反应,进一步验证了我国上市公司的盈余管理行为是政策诱致型的。因此,加强证券市场监管的市场化进程是治理盈余管理问题的根本出路。

This paper uses empirical research method to test the relationship between earnings management behaviors and the rights issue polices promulgated by CSRC in January 1996, March 1999 and March 2001. It proves that rights issue polices induce the behaviors of earnings management of China's listed companies. It is important for China to quicken up the process of marketization of control in the stock market.