The Earnings Management Means Of Agricultural Listing Corporation

The problem of earnings management is common in enterprise financial management. Different industry earnings management reasons and means are bound to be different. Especially for very special in terms of agriculture, the development of agriculture to the national economy plays a vital role. From central to local government attention to agriculture vigorously, especially for agriculture listed company, introduced a more favorable measures. While agricultural listed companies are influenced by the natural factor and the market factor, the performance status is poor. Therefore, agricultural listed company earnings management causes and means there must be its particularity. Throughout the domestic and foreign research present situation, the majority of research has focused on manufacturing, for agricultural listed companies earnings management research is less. Based on agricultural earnings management causes and means of analysis, this article is intended for agricultural earnings management behavior management provides appropriate countermeasures.The paper is based on relevant theories of earnings management, combines with the present situation of the agricultural listed companies, selects data of agricultural listed companies in our country from 2011 to 2013, and uses multivariable regression to study the level and means of earnings management about agricultural listed companies. The paper mainly studies the following four problems, and draws the relevant conclusions: firstly, after analyzing the current situation of agricultural listed companies, the author find that the agricultural listed companies in our country generally have low performance, are strongly influenced by natural environment, and their equity scale is small. Biological assets in the agricultural listed companies are low, and strong conversion-agriculture phenomenon appears. The important source of profit in agricultural listed companies is government grants and the earnings of agriculture listed companies are generally low; secondly, agricultural listed companies have the same means of earnings management comparing with other listed companies, such as affirming income ahead of schedule, changing accounting policies and accounting estimates, choosing fair value method. Moreover, agricultural listed companies have special means of earning management which are biological assets and government subsidies. At the same time, agricultural listed companies have the space to implement earning management in the recognition, measurement and disclosure of biological assets and government grants; thirdly, from the empirical point of view, the use of the extended Jones model to verify the listed companies in China’s agriculture is indeed different degrees of earnings management behavior. Biological assets indeed become one of the means of agricultural earnings management. At the same time from the perspective of profit structure, using multiple regressions, the author found agricultural earnings management tools with a certain preference. Such as agriculture listed companies more inclined to use government subsidies affect operating income items to manipulate accruals, thus achieve the purpose of earnings management; fourthly, through the means of agricultural earnings management analysis, the final paper presents relevant countermeasures. we should improve the relevant criteria, especially government subsidy criteria and guidelines for biological assets; the need to strengthen government support and supervision, to provide favorable external conditions for the agricultural listed companies to increase economic efficiency; and the need to strengthen oversight of the external audit and improve audit independence; the last is to strengthen the internal governance of listed agricultural companies, optimize the ownership structure, improve corporate governance.There are two innovations. Firstly, the paper analyzes the general and special earnings management means of agricultural listed companies, and makes the research more targeted and originality. Secondly, combining with the characteristics of agricultural listed companies, introducing the relevant variables, this paper empirical researched on the level and means of agricultural earnings management for agricultural listed companies.