A Study On The Impact Of Supervisor Change On Earnings Management In Listed Companies

China’s growing importance as a capital in the economic globalization target market attracts more and more financial investors, however, many listed companies have been the reliability of financial statements. Enterprise managers of listed companies of the profit manipulation by using the excessive earnings management will have negative impact on the quality of financial reporting information, destroy its authenticity, to use financial information to make the right decisions of misleading.Company executives, including the chairman and manager, chief accountant, etc., is the key personnel in the corporate governance structure, they have the company a lot of key information, can make decisions to of the impact of major events, in a leading position in the company. When executives replacement, due to different from executives, they are improve operator’s remuneration and avoid regulatory oversight, motives, in order to obtain the market of our company recognition. Aiming at this phenomenon, this article from the perspective of information users, Taiyuan coal gasification co., LTD., for example, with its top managers change event in 2013 as the focus, through the analysis of the annual report of anomaly data, obtained before and after the operator earnings management motive and means, to lead to the phenomenon of enterprise surplus management, and business performance at a disadvantage of the company are more likely to replace the executives. Executives does not change the company from the source, only to the enterprise caused the result of excessive earnings management. Although in a certain period of time to maintain the interests of the company, but eventually will take the consequences, destroy the balance of the whole social and economic development. In this paper, researching process is expected to puts forward some Suggestions to this phenomenon, in order to regulate the management incentive listed companies, perfecting the governance structure of listed companies and accounting changes to accounting standards, strengthen the supervision of the securities market outside, such as the provision of meaningful reference. To reduce or even eliminate the phenomenon of excessive earnings management.