Research On The Influence Of Internal Control And Accounting Conservatism On Earnings Quality

Under the principal-agent system,affected by factors such as information asymmetry,surplus management through earnings management control company seek personal interests,and increases the company's financial risk to a great extent,is the company's internal control to ensure compliance,accounting behavior is an important way to complete financial security and accounting information,accounting conservatism is one of the important principles of financial risk control of the company,Internal control and accounting conservatism play an important role in corporate earnings management and are paid more and more attention by stakeholders.Earnings management is common among listed companies in the coal industry,which brings great financial risks to the enterprises,affects the sustainable and high-quality development of the industry to a certain extent,and endangers the national energy security.Based on this,this paper discusses the impact of internal control and accounting conservatism on earnings management of listed companies in the coal industry,aiming to improve the earnings quality of listed companies in the coal industry and promote the healthy development of enterprises.On the basis of summarizing the domestic and foreign research status of the influence of internal control and accounting conservatism on earnings quality,this paper defines the meaning of internal control,accounting conservatism and earnings quality respectively.This paper theoretically analyzes the influence of internal control on earnings quality,the influence of internal control on accounting conservatism and the mediating effect of accounting conservatism,and puts forward research hypothesis.Determine variable selection and define relevant variables:Taking the listed companies in the coal industry in Shanghai and Shenzhen as the research objects,the data from 2007 to 2019 are selected as the research samples to build a multiple regression model and conduct an empirical test on the impact of internal control and accounting conservatism on earnings quality.The results show that the internal control has positive incentive to the earnings quality of listed companies in coal industry.Internal control positively stimulates accounting conservatism;Accounting conservatism has partial mediating effect between the internal control and the quality of earnings.Finally,from the internal control and accounting conservatism two aspects of improving the coal industry listed companies earnings quality countermeasures and suggestions.