Empirical Study On The Existence And Influencing Factors Of Earnings Management In China's Commercial Banks

With the establishment and development of the socialist market economy,China's commercial banks have achieved a breakthrough from scratch and quickly grow up.Commercial banks play an increasingly important role in China's national economy.But until now,the study about earnings management of commercial banks is still very scarce.Commercial banks because of its unique attributes often become the blind zone of earnings management.In order to enrich the research results of earnings management of commercial banks,to promote the healthy development of China's banking industry and to protect the legitimate rights and interests of the stakeholders,this paper,on the basis of theoretical analysis,mainly adopts the empirical research method to test the existence and influencing factors of earnings management of commercial banks in China.This paper chooses the relevant data of 16 listed commercial banks in China from 2011 to 2015 as the research sample.Through the construction of the regression model,the author analyzes the existence and influencing factors of the earnings management of commercial banks in China,and finally draws the following conclusions.Firstly,there are both accrual earnings management and real earnings management for the purpose of profit-oriented in China's commercial banks,and the accrual earnings management degree is much greater than the real earnings management degree.Secondly,there is a negative correlation between the earnings management degree of commercial banks and the proportion of independent directors,that is,the greater the proportion of independent directors is,the smaller the earnings management degree of commercial banks will be.Thirdly,the earnings management degree of commercial banks is negatively correlated with the frequency of the supervisors meeting,that is,the higher the frequency of the supervisor meeting is,the lower the earnings management degree of commercial banks will be.Fourthly,there is a positive correlation between the earnings management degree of commercial banks and the size of banks,that is,the greater the size of the commercial banks is,the greater the degree of earnings management will be.Finally,the earnings management degree of commercial banks has no significant correlation with the ownership structure and the frequency of the board meeting.In view of the above empirical results,this paper puts forward the corresponding policy suggestions from the angle of legislation and supervision.It is suggested that the supervisory departments should focus on the supervision of the earnings management of commercial banks.Specifically,they should pay attention to the accrual earnings management of commercial banks,and to the larger commercial banks.It is suggested that the independent director system should be improved and the proportion of independent directors should increase to ensure the independence of independent directors.Besides,it is suggested to give full play to the role of the board of supervisors,to emphasize the accounting professional knowledge of supervisors and to build a perfect supervisor responsibility system.