Earnings Management In The High-level Changes In The Process Of China's Listed Companies Research

With the development of macro-economics and securities market, and the surging of listed companies in our country, earnings management turned up in listed companies, which has become one of the new subjects of accounting theory and practice in our country. There is a close relationship between earnings management and accounting information, so the research of earnings management has became the focus of investors,creditor and government responsible institutions as well as accounting standard instituted department. The research of earnings management is of great importance to enhancing the accounting information quality and improving the function of security market resource disposing. Under this background, to order the manager market, perfect governance structure of listed company, enhance the supervising of securities market, this paper researched whether the listed companies have earnings management behavior during changing top managers.This paper based on the basic concept and the basic theory of earnings management, introduced the motive and measure of it, also choose one hundred listed companies that changed top managers during 2004 and one hundred listed companies as control stylebook, do empirical research on these listed companies. At last, give some advices from three directions, such as corporate governance, exterior supervision and accounting system establishment, to constraint the action of earnings management in listed companies.