Research On The Effect Of The Executive Compensation,Earnings Management On Accounting Conservatism In Manufacturing Listed Companies

Manufacturing is the important areas to support economic growth.In recent years,China has in the "manufacturing power" to "manufacturing power" transformation.Therefore,it is of great significance to the healthy development of the manufacturing listed companies.In manufacturing listed companies,executive have high executive compensation,because of salary motivation for earnings management.In addition,in order to guarantee the healthy and stable development of economy,the academias pay attention to the accounting research of robustness.In order to solve a series of problems,making manufacturing listed companies as the basis,discuss manufacturing executive compensation of listed companies,earnings management influence on accounting conservatism.Firstly,through to the domestic and foreign scholars in the related achievements in the field of review,summed up the research achievements of scholars have done.And papers defined the concept of executive compensation,earnings management and accounting conservatism,comb relevant theory:the principal-agent theory,asymmetric information theory,incentive theory,the optimal contract theory as the theoretical foundations of the study.Then based on executive pay,surplus management,summarizes the current situation of accounting conservatism,and analyzes the influence mechanism.Theoretically discusses the relationship between.Then,through empirical model building,with manufacturing listed companies from 2010 to 2010,a total of 6548 sets of data as the research sample,empirically tested.Through the empirical test,it's a positive correlation between manufacturing executive compensation and earnings management.The higher the executive compensation of listed company is manufacturing makes the extent of earnings management.There is negative correlation between earnings management and accounting conservatism in that field.The earnings management will reduce the accounting conservatism.There is negative correlation between executive compensation and accounting conservatism.The excessive executive pay also makes accounting robustness.To ensure the manufacturing listed companies accounting conservatism not compromised.They need for manufacturing listed companies to limit executive pay.And they need to standardize manufacturing listed companies earnings management behavior,to prevent excessive earnings management behavior.Therefore,from the perspective of macro and micro,put measures to improve the executive compensation,the earnings management influence on accounting conservatism in manufacturing listed companies.