Research On Earnings Management Of The Civil-owned Listed Company In China

Since more than twenty years,earnings management research is one of hot topicsin extents of accountant. In the early western accountant literature, the earningsmanagement is defined "posting management", that is artificial interference inthe process of financial reports as a result of the symmetry in accountinginformation, in fact that is intends to control the financial reports. In homeand overseas, the earnings management research generally aims at listed companies,and the scope of earnings management research is also very broad, which involvesto ST companies, loss listed companies, state-owned listed companies and so on.But the research on earnings management of the Civil-owned listed company is stillblank. Therefore, this article will point to the research on earnings managementof the Civil-owned listed company.First, this article introduces to the research on earnings management of theCivil-owned listed company from research backgrounds and research significance.In the part of theoretic research, the article defines the meaning of theCivil-owned listed company and the earnings management, introduces economic theoryrelating to the earnings management, enumerates regulations about the listedcompany;In this foundation, the article analyses the characters, the basicpremises, the external environment, internal causation about earnings managementof the Civil-owned listed company;afterwards, the article go on the ROE of the160 Civil-owned listed companies from 2003 to 2005 to carry on the normaldistribution examination and the frequency distribution analysis;Finally, thearticle proposes the countermeasures and policy suggestions about the Civil-ownedlisted company from the improvement of external environment, the perfect ofinterior restraint mechanism, the perfect of outside supervision mechanism andthe establishment of morals evaluation criteria.