The Study Of Profit Manipulation Phenomenon Of Public Companies

Securities market has formed thirteen years from its foundation in china, from small to large, from uncriterial to initial scale, has an indispensable impact upon the conomic development of our country. Because of vary reasons, our Chinese securities market is still imperfect and develops unstably, public companies factitiously carry through profit manipulation and produce "bubble" benefit at all costs to obtain "circle money" , and other intentions. The paper , at the point of public companies' profit manipulation, tries to discover, analyze, study and advance corresponding measures, hence prompts the sound development of securities market.The paper firstly discusses the connotation of profit manipulation within the given background and condition, and then proves its existence and possibility from the theories and the practice with a large amount of survey data and charts.At the same time, in order to sufficiently open out this phenomena-profit manipulation, the paper applies many cases to analyze vary means that public companies manipulate profit ass viewed from financial account, and also reveals some limitations and disfigurements in the policies and systems of securities market at present.The paper puts the stress on how to analyze financial data, financial index and other aspects concerned, hence distinguishes public companies' benefit between fromtrue and false and theirs real profit, and in virtue of experience overseas, puts forward some advance on how to prevent public companies from profit manipulation, to reinforce the management of securities market, and to consummate policies and systems bound together the characters of our Chinese securities market.Securities market is still in test run phase; there are many aspects to go on strengthening and consummating. The paper only analyzes the phenomena of public companies' profit manipulation in order of prompt the sound development of securities market.