Influence Of Haze Management Policy On Accounting Information Quality Of Heavy Polluted Enterprises

In this paper,we use the exogenous events of "the" natural experiment "of the" Twelfth Five-Year Plan "of the" Key Regional Air Pollution Prevention and Control "1of the Ministry of Science and Technology promulgated on September 27,2012,and studied the haze management policy The impact of the political costs caused by the implementation of the accounting costs on the quality of the heavily polluting enterprises and the different legislation of the haze management policies on the earnings management of heavily polluting enterprises.We expect that heavily polluting enterprises will reduce the quality of accounting information after the incident,the stronger the legislation of the haze policy,the more motivated the enterprise will be down earnings management.This paper studies the influencing factors of accounting information quality in the process of economic development from the perspective of political cost to the new normal state.We selected data for the manufacturing,mining,and electricity,heat,gas,and water production and supply industries by summing up the relevant literature,collecting data and building models.During the sample period,we selected a total of six years from 2010 to 2015.Eleven industry data.According to the new industry classification guidelines promulgated by the SFC in 2012("Guidelines for the Classification of Listed Companies' Guidelines"),the data were collected and analyzed by the enterprises belonging to the heavily polluting industries and compared with the experimental and control groups.Double differential analysis,to demonstrate the theory and assumptions of this paper.We found that heavily polluting enterprises in the haze management policy after the incident,compared with non-polluting enterprises,there will be more motivated to carry out downward earnings management;further through the haze governance policy legislation strength of the strength of the study It is found that the greater the legislation of the government on the management of the haze management policy,the more obvious the downward surplus management of the heavily polluting enterprises.As the economic development in different regions of our country is not synchronized,that is,the regional development is unbalanced.Polluting enterprises accounting information quality and policy options have had an important impact.Based on the external governance environment policy,this paper studies the regional distribution characteristics of earnings management.This paper shows that in the Beijing-Tianjin-Hebei region,the legislation is strong in the areas of the Beijing-Tianjin-Hebei region by imposing legal values on the basis of the corresponding haze management policies implemented by different countries(selected areas of Beijing-Tianjin-Hebei region)Regions,the region's heavily polluting enterprises compared with other regions,will be more significant downward earnings management.With the introduction of haze management policy,strong public concern also constitutes one of the sources of political costs,making the study of this paper to understand how the impact of China's emerging market political costs of enterprise accounting information quality production process has a very profound significance.In addition,this article from the external governance environment-haze governance policy legislation to study its impact on the earnings management of heavily polluting enterprises,and on this basis to further study the different regions of the haze governance policy legislation and earnings management And it is of great significance for China to restrict the earnings management behavior of enterprises by perfecting the external governance environment.And this article in the design and research conclusions in the general aspects of the relevant literature also improved and expanded.