The Relationship Between Corporate Life Cycle, Corporate Social Responsibility And Real Earnings Management

With the development of economy, the impact of corporate social responsibility for corporate earnings activities has gradually become a hot issue in the government, enterprises and institutes. The previous research mainly focus on the relationship between accruals earnings management and corporate social responsibility, and not from the real earnings management point of view to analyze the impact of corporate social responsibility on the earnings management activities. In this paper, the use of Chinese A shares as the analysis object, studies the relationship between corporate social responsibility and real earnings management. With the stage of enterprise development, at different stages of its management features are not the same, in order to further study the relationship between corporate social responsibility and real earnings management. In this paper, by using the cash flow model of the A shares of listing Corporation in the life cycle stages were divided on the moderating effect on the relationship between enterprise life cycle of real earnings management and corporate social responsibility.Based on the operation of the enterprise life cycle theory, the theory of impression management theory and the principal-agent theory, the Shanghai and Shenzhen A shares of listing Corporation as the object of study. Based on the analysis of descriptive statistics, do an empirical test on the corporate social responsibility and real earnings management by using the regression model. The study found that, on the whole, the social responsibility of the enterprise has the inhibitory action to the enterprise of real earnings management, along with the development of the enterprise life cycle, reduced the inhibition.Based on the research results, provides a new perspective for the study of earnings management, and taking into account the earnings management and corporate social responsibility in the dynamic relationship of time. This research still has many deficiencies, hope to be able to improve in the future.