Research On Zhuolang Intelligent Earnings Management Behavior Driven By Performance Commitment

With the difficult IPO listing road in China,the rapid development of capital market.Backdoor listing has become the best choice for many enterprises to go public quickly.Signing performance commitment in backdoor listing plays an increasingly important role for the backdoor side and the backdoor side.However,in recent years,some backdoor listed enterprises have a good corporate image in the capital market in order to improve the expectations of the capital market.Achieve the performance commitment targets successfully and at a high level during the performance commitment period by means of various earnings manipulation at all costs.Although enterprises have gained short-term benefits in this way,it disturbs the order of the capital market.Therefore,in the process of backdoor listing,it is very important to study how enterprises implement earnings management behavior driven by performance commitment.Based on this,this paper chooses The Zhuolang intelligence as the research object,which completes the performance by stepping on the line during the performance commitment period and after the end of the performance thunder.First of all,the information asymmetry theory,signal transmission theory and incentive theory are expounded.In the way of combining theory and cases,the performance information of the borrower and the shell side was explained first.Secondly,zhuolang intelligence was tested by financial and non-financial indicators in the empirical identification method,accruals and true earnings,and the company passed the tests.Finally,this paper analyzes the motivation and means of implementing earnings management driven by performance commitment and its impact on enterprises.By studying the behavior of zhuolang’s intelligent earnings management driven by performance commitment,the following conclusions are drawn :(1)performance commitment is the direct factor inducing enterprises to implement earnings management;(2)The earnings management degree of Zhuolang Intelligence in the second and third years of the performance commitment period is stronger than that in the first year;(3)Excessive implementation of earnings management behavior affects the long-term benefits of enterprises.Based on the above conclusions,relevant suggestions are proposed from the perspectives of evaluation agencies,regulatory agencies and enterprises themselves,in the hope of reducing the occurrence of earnings management when enterprises fulfill their performance commitments,and promoting the continuous development of capital market and backdoor listing.