The Empirical Research On Impact Of Earnings Management On Accounting Conservatism From Listed Loss Companies

In recent years along with china capital market's development, accounting consercatism received people's attention more and more, accounting consercatism in the shareholder-management contract, in the shareholder- creditor contract and the tax revenue and the legal proceeding has the vital role, the existing literature paid attention to loss company's accounting consercatism, simultaneously, because the loss company faced supervision pressure, therefore, researching loss company whether manipulate accounting consercatism under the supervion, and the way of manipulating accounting consercatism has the vital significance.This article selects 2002-2006 year loss company as a sample, divides specifically the loss company to only lose one year, to lose two years and to lose three year continuously, only lose one -year company have 368, loses money two year continuously have 180, lose three year continuously have 51 , obtained 881 observed values finally. This article To be listed exists generally earnings management for accounting operation method, through the earnings - stock price examination, accrual - cash flow examination and persistence of accounting earnings examines three verification modes, the examination indicated, only lost one year reduced the good news and the cash flow confirmation, enhanced the bad news and negative cash flow confirmation by earnings action, enhanced accounting consercatism, lost two year reduced the bad news and negative cash flow confirmation,reduced accounting consercatism, lost money also reduced the bad news and negative cash flow confirmation continuously, simultaneously through the persistence of Accounting Earnings examination, discovered that lost three year reduced the bad news reverse continuously, enhanced the good news reverse and reduced accounting consercatismBased on the above empirical study and theoretical analysis ,under the actual circumstance of the listed companies,the article provides some advices about enhancing our country's accounting consercatism and accounting information supervision...