Research On The Means,Motivation And Governance Of Financial Fraud In Shanghai DZH Limited

China capital market since the emergence of development has just gone through twenty years of history,but it has appeared a lot of adverse effects of corporate financial fraud cases,and in recent years,the financial fraud case there is a high incidence of fraud means trend,constantly enrich and turn the new,more subtle acts of fraud,which emerge in an endless stream of enterprise financial fraud cases,greatly damaged the credit basis for the survival and development of the securities market,blow to the confidence of investors,at the same time,also undermines the interests of investors.Therefore,by studying the means and motivations of corporate financial fraud,taking effective measures from the source to prevent and control the behavior of financial fraud of listed companies,it is particularly important for standardizing the development of securities market and protecting investors' rights and interests.Shanghai DZH Limited has been one of the 10 largest bull stocks in the Shanghai stock market in 2015,ranking the top with the increase of 396.66%.However,it was punished by the special inspection activities of the CSRC in 2013.It was punished by the CSRC as a typical case of financial fraud in 2016.This article will select the Shanghai DZH Limited by Share Ltd as the research object,and study the means,motivation and governance of Shanghai DZH Limited.Firstly,based on the existing research results at home and abroad on financial fraud means,motivation and governance research methods and theoretical support for the author sums up and summarizes related documents,defines the relevant concepts,selected GONE theory support for the study of financial fraud motivation.Then the case of financial fraud of Shanghai DZH Limited is briefly introduced and analyzed,including the basic situation,the governance structure and the management situation of Shanghai DZH Limited.The next specific analysis of Shanghai DZH Limited financial fraud means,one of the most common major financial fraud fraud or corporate income,combined with our country in 2017 the newly released new revenue standards,thinking of the influence of old and new accounting standards on revenue recognition and measurement in practice,further analysis in the case of new wisdom income guidelines on the impact of the disclosure quality of accounting information.Then,starting from the perspective of the theory of GONE,from greed,needs and opportunities of fraud exposure,four dimensions of Shanghai DZH Limited are analyzed,through the study found that the occurrence of financial fraud must be the interaction of these four factors,therefore,we can be an antidote against the disease,from the four aspects,to prevent governance and regulation,take relevant measures of financial fraud on the enterprise,including strengthening the construction of good faith,to curb the greed;understand the actual needs,and promote the healthy development of the company;increase the cost of fraud,increase the risk of fraud;reduce the opportunity,strengthening internal and external supervision,to encourage enterprises to enhance the quality of financial information disclosure,and to enhance the transparency of information disclosure of financial enterprises.Shanghai DZH Limited of the case as China's securities market is known,the influence of fraud case,through the study of Shanghai DZH Limited,to a strong warning to other enterprises,is conducive to the development and standardization of the capital market,to protect the interests of investors,improve the efficiency of the supervision effect,maintain economic the stability of the society harmonious development.