Research On Financial Fraud Of Listed Companies

In recent years,the development of the capital market has made outstanding contributions to the optimization of the resource allocation,the reform of the economic system and the promotion of the national economy and the social development.However.in the process of the rapid development of the capital market,the imperfect enterprise system and the increasingly accumulated problems in the operation have laid hidden dangers for the development of the capital market,leading to the gradual emergence of problems in the capital market.Among them,isted companies financial fraud problem is the most prominent.In recent years,from KangMei Pharmaceutical.ChangHong Company.YinGuangXia.LanTian Shares.Green Earth.WanFuShengKe branch to XinTai Electric.ErKang Pharmaceutical.YaBaiTe,financial fraud phenomenon is more and more.Financial fraud of listed companies will lead to many problems.It will not only harm the interests of investors.but also cause a bad impact on the healthy development of enterprises and the capital market.Therefore.whether investors,listed companies,intermediaries,or regulators,it is necessary to fully identify the motivation and means of financial fraud of listed companies,master the necessary preventive measuresrtimely find and expose financial fraud,reduce the negative impact of financial fraud events.Based on the introduction of relevant background and current research status at home and abroad,by introducing the fraud triangle theory,GONE theory,information asymmetry theory and fraud risk factor theory,etc.,and adopting literature research method,induction method,comparative analysis method and case analysis method.In-depth study of China's listed companies financial fraud has what the new characteristics,motivation,main ways and identification methods.Finally.through the study and analysis of the financial fraud case of JiangSu YaBaiTe Technology co.LTD.,this paper puts forward some Suggestions on the governance of financial fraud of listed companies in China.In other words,through optimizing the intnal environment of the company.perfecting the construction of the external supervision system and other measures to deal with the problems and draw conclusions.Only prepared beforehand work beforehand and take timely and feasible solutions,heavier punishment,to a certain extent,reduce the occurrence of financial fraud cases,so as to improve the security of the capital market in our country.for investors to create a good investment environment,for the enterprise itself and guarantee the healthy development of capital market.