The Research On ST Listed Companies' Earnings Management

In recent years,the problem of earnings management has been attracting people's attention.The existence of earnings management in listed companies has caused heated discussions and become a hot topic for accounting scholars.In order to avoid delisting,ST company must carry out earnings management urgently in a specific year,because its beautified financial statement is easy for investors to make wrong judgment,thus leading to investment mistakes.This will encourage us to strengthen market regulation,improve accounting standards and improve corporate profitability.Is based on this background,this paper with the examples of ST listed companies in south China biological use normative study method and case analysis,according to the annual report of the south China biological pharmaceutical co.,LTD.And relevant financial data,for south China biological pharmaceutical co.,LTD.Success by earnings management problems to avoid being ST and its earnings management motivation method carried on the thorough analysis,tries to find can apply to all cases of south China biological ST company governance recommendations.Through the above analysis the author can conclude that a lot of the success of the ST listed company pick hat way is not to increase revenue or reduce costs,etc.,and use some other way,although these pathways can rapid success,but you can't push listed companies realize the long-term development.So,to promote the sustainable development of the listed companies and on the delisting system and specific accounting standards on the set of more perfect from each aspect,and set up enterprises,government and the third party jointly execute and supervise the development pattern,the strict penalties for violations and ensure that the market can effectively control.