The Game Research On Accounting Integrity Issues Of Listed Companies

The issues of accounting integrity in listed companies, which has been known about for years, doesn't have a perceptible improvement after several governances. They are seriously hampering the expansion of our market economy. Therefore in recent years there are more and more correlational studies to appear. This paper uses game theory to analyze the issues of accounting integrity in listed companies on the basis of previous work.With the purpose of discovering the principal contradiction of accounting integrity issues in listed companies, I investigate a variety of listed companies punished by Ministry of Finance, National Auditing Administration and CSRC, and research the model of supervising accounting integrity of listed companies. My analysis shows that the game between listed companies and regulators is rudimentary game relation, and that the game between listed companies and CPA is key link which caused the issues of accounting integrity. The two games had a crucial impact on the issues of accounting integrity in listed companies.According to the practical situation of game between listed companies and regulators, a mixed strategy game model was established to resolve the issues of accounting integrity between listed companies and regulators. To study the game between listed companies and CPA, a three-stage dynamic game was established to analyze the game between listed companies and CPA. The main emphasis was on the rules of game which can induce a result of game beneficial to accounting integrity so that the issues of accounting integrity in listed companies was finally resolved.