Study On Motivation And Prevention Countermeasures Of Financial Fraud Of Listed Companies

In recent years,With the rapid development of China's socialist market economy,The securities market is playing an increasingly important role in China's economy,it's an important place for capital allocation Though China's securities market started late,The development scale of China's securities market is expanding rapidly.The degree of standardization improved gradually.It has become an important part of socialist market economy.However,There are still some contradictions and problems to be solved,which affect the stable operation and function of security market.One of the problems,Financial fraud of listed companies,It not only greatly disturbs the order of the normal operation of the securities market,but also reduces the public's trust in the securities market.Financial fraud of listed companies has become an obstacle to the development of the securities market.Listed companies are the cornerstone of the securities market,As the representative of outstanding enterprises,market players play a leading role in promoting the development of national economy.Therefore,it's our responsibility to study the causes of listed companies' Financial fraud,and take effective measures to control and prevent the occurrence of Financial fraud.This paper adopts the method of statistical analysis and case analysis.Analyzed the data of financial fraud in China in recent years.Based on the background of listed enterprises that have experienced financial fraud,it comes to a conclusion of current situation and characteristics of Financial fraud of listing companies?.GONE theory of Financial fraud was selected as the main analysis basis of this paper to analyze the Financial fraud of K company too.Thus,the article came out the measures of protective Financial fraud?Based on the analysis of Financial fraud and similar concepts,this paper defines the concept of Financial fraud,and elaborated the Financial fraud motivation correlation theory.GONE theory includes four aspects:greed(G),opportunity(O),need(N)and exposure(E).By selecting Financial fraud companies as samples,Based on the theoretical analysis of domestic and foreign literature,this paper summarizes and analyzes the means and causes of Financial fraud of listed companies.and draws a conclusion that there are various means of Financial fraud of listed companies that violate the rules.From the perspective of profitability,Financial indicators of Financial fraud companies generally highlight the problem of weak profitability;From the internal structure of the company,the lack of mutual restriction of the internal management system for Financial fraud provides a hotbed;According to the audit results of the auditors,the low independence and the low professional quality of the auditors are the accomplices of the Financial fraud;From the results by the CSRC investigation,fraud cost is low,can not effectively prevent the occurrence of Financial fraud.This article on the basis of the problems of Financial fraud.,puts forward the measures and countermeasures to change and eliminate the current stage of China's securities market financial fraud phenomenon...