| Since the twenty-first Century, the domestic and foreign financial fraud prompted people to pay close attention to the relevant issues of internal control and earnings managementwith the increasing development of the capital market. Internal control is an important factor in enterprise management, information quality and safeguarding the authenticity of the information. Enterprises try to pass some earnings management means, report financial information and real activity deviation. In order to internal control standards of listing Corporation, regulators have adopted various means, and have introduced such as "basic norms of internal control", "supporting internal control guidelines" and other rules, system. How to control the effect of these norms and guidelines of internal control system of enterprise earnings management? On the earnings management of the different forms of action consistent? It is worth further examination. Therefore, the impact on the earnings management of enterprise internal control research restrict the effect of different forms of earnings management, not only help regulators to improve the enterprise internal control regulations, but also helps enterprise management standardize internal management.In this paper, based on the existing research, the paper selects 2595 listing Corporation in 2013, we eliminate the financial listing Corporation and ST Company, the internal control as the explanatory variables, the explanatory variable is divided into two parts, the Jones model of earnings management, and the second is the real measurement analysis earnings management model, real earnings management can be further divided into control of production cost, operating cash flow and manipulation of discretionary expense these three parts. In order to control the influences of other factors on earnings management, joined the company size, growth of enterprises, the equity structure, operating cash flow and other dimensions of indicators as control variables. Finally, we use STATA12.0 software on the sample data by multiple regression analysis. The empirical results show that the quality of the internal control to earnings management behavior of the Listed Corporation shall be and real earnings management behavior will play a certain role of containment. That is, the higher the quality of internal control and earnings management degree is low; the internal control quality is higher, the manipulation of operating cash flow and manipulation of discretionary expense is high, control of production cost will be lower. The study also found that the company size, business growth and earnings management are closely linked, when inhibitory effect on earnings management behavior of enterprise internal control of attention, but also concerned about the effect of the size of the company, the company growth and other firm characteristics on earnings management. |
