Research On The Motivation And Governance Of M Company's Financial Fraud Based On GONE Theory

Along with the rapid de velopment of our economy,the construction of the rule of law society has been constantly following up.In recent years,domestic financial fraud has intensified and seriously disrupted the normal order of the market.The amount involved in the case is huge,causing widespread concern from all walks of life.At present,the means of financial fraud is dazzling,and the fraudulent companies and fraudulent personnel are more secretive and more daring.The interests of small and medium-sized investors have been undermined and there has been a gradual loss of trust and confidence in securities markets.Therefore,in order to maintain the healthy and stable operation of our economy and gradually mature market,it is very important to study the motives of financial fraud,the reasons behind it,and ho w to continue to strengthen the prevention,control and governance of this behavior in the future.In order to solve this problem,this paper analyzes the typical case of the fraud of the listed company.The analysis method combines theoretical analysis with case analysis.Firstly,the author combs and studies the relevant documents on financial fraud motivation,means,and identification prevention at home and abroad,and carries on the next analysis on the basis of the solid theory laid down by the predecessors.The second is to collate and comb the related theories of financial fraud,including GONE theory,iceberg theory,and triangular theory.Then,the original committee of Yabaite's fraud incident was reviewed.Taking the de velopment progress and time of the case as the main line,the entire process was combed from the preparation before the backdoor listing to the formal issuance of punishment notice by the China Securities Regulatory Commission.Afterwards,the characteristics and operations of the company's industry were analyzed in combination with the operating conditions of the backdoor listed company,Zhonglian Electric,to excavate the reasons for its falsification,and to study in depth the means and methods of its falsification.Finally,through the above-mentioned research,according to the causes and means of its falsification,it is proposed that in the future,what kind of efforts and improvements should be made by all sectors of society to prevent the emergence of such falsification,and it is specifically divided into three aspects.One is the government supervision.Institutions,legislative bodies;The second is an external intermediary agency,similar to the external supervision agencies such as Jinyuan Securities and Zhonghua Accounting Office involved in this incident;Third,what kind of efforts should be made by listed companies themselves.