Research Of Financial Fraud Based On GONE Theory About Chinese Listed Companies

China's economy is in a period of high-quality development,and a healthy and efficient capital market is a key condition for building a modern economy.However,China's listed companies frequently suffer from financial fraud,which not only tampers with and distorts the publicly disclosed information,causing obstacles to the good operation of the capital market,but also makes the majority of investors lose confidence in the credibility of the CSRC and intermediaries.In recent years,the financial fraud means of China's listed companies are more and more complex and difficult to identify,how to effectively prevent financial fraud,has become an urgent problem to be solved.Changsheng biological due to vaccine fraud,financial fraud and other events become the focus of recent public attention.The financial fraud methods used by Changsheng biological are relatively diverse,which not only highlight the characteristics of financial fraud in biopharmaceutical enterprises,but also reflect the problems of listed companies in China with points and aspects,which is very timely and representative.Therefore,combined with the status of listed companies in China,it is of great practical significance to study the financial fraud case of Changsheng biological,which is conducive to the stable development of national economy.This paper is mainly divided into six parts,according to the way of first theory and then case,the research topic is analyzed.The first part is the overview,which presentations the research background and significance,research content and methods,innovation and limitations,and reviews relevant literatures on financial fraud at home and abroad.The second part is the definition of the concept and related theories.On the basis of introducing the concept,characteristics and GONE agent theory of financial fraud,it classifies the financial fraud methods commonly used by listed companies in China.The third part is the financial fraud case analysis of Changsheng biological,the evolution process of Changsheng biological development and the beginning and end of the case are summarized,and the financial fraud means used in the analysis;The fourth part is the motivation analysis of Changsheng biological financial fraud,which reveals the motivation of Changsheng biological financial fraudbased on the four dimensions of greed,opportunity,demand and exposure of GONE theory.The fifth part is the management countermeasures of financial fraud of listed companies.According to the order of main body range from large to small,combined with the actual situation of each level,it puts forward more comprehensive and specific management countermeasures.The sixth part is the research conclusion and prospect.It is hoped that the research conclusion and relevant Suggestions in this paper will be of certain reference significance to listed companies,regulators and relevant practitioners,and continue to work with scholars for the in-depth research on financial fraud of listed companies in China.Selection based on the case study,financial fraud means of analysis,such as financial fraud countermeasures put forward for innovation,using literature research,case analysis,investigation method,ratio analysis,horizontal analysis and vertical analysis and other research methods,draws the following conclusions: GONE theory is more advantageous in the analysis of financial fraud;Through the analysis of financial indicators to find financial fraud signals,it is helpful to identify financial fraud;Financial fraud in Changsheng biological is the result of the combination of greed,opportunity,demand and exposure in GONE theory.Preventing and controlling financial fraud requires the joint efforts of the internal and external levels of the company,that is,from the environmental level,laws and regulations level,the level of listed companies and the third party level,to build a more complete and more targeted governance system.