Chinese Listed Companies Financial Fraud Management Strategies

Listed companies' financial fraud has been a healthy development of the domestic and international capital markets "cancer." From Enron, World Com fraud scandal, the accounting firm to assist in the case of the green earth fraud, "aquatic first unit," Zhangzidao financial fraud exposure, use of information asymmetry of listed companies to deceive investors, with financial fraud means to seek illegitimate interests behavior never stopped. Although scholars of listed companies 'financial fraud conducted extensive research and has made many achievements, securities regulators also continue to improve the regulatory ways to increase the financial penalties for corporate fraud, but listed companies' financial fraud this "cancer" still it can not be eradicated. In the current economic situation and the supply-side structural reforms downstream environment, the study investigated the listed companies' financial fraud is more particularly important practical significance. In view of this, Jade Bird Huaguang paper, for example, select Chinese Listed Companies Financial Fraud countermeasures research with a view to regulate the healthy development of China's capital market and protect the interests of investors, contributing to their meager forces.This paper systematically reviews the basis of relevant literature on the use of fraud risk factor theory, the choice Jade Bird Huaguang financial fraud case, for example, the causes of financial fraud of listed companies, the means and countermeasures research. The article first defines the concept and the nature, types and forms of fraud, and analyzes the famous overseas fraud motivation theory. Motivation and generally followed a common means to fraud risk factor Theory of Listed Companies in China financial fraud and fraud against Jade Bird Huaguang, analyze the motivation of its financial fraud, forgery and means of development of securities regulators after further punishment for China Situation listed company financial fraud governance more comprehensive reflection. Finally, from the establishment of a sound internal control of listed companies, improve CPA audit quality and strengthening government supervision three aspects, opinions and recommendations for the improvement of listed companies' financial fraud governance.