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Researchon Earnings Managementand Corporate Governancein China's Listed Companies
Bok av Liu Lei
WiththeresearchtopicoftheinternalrelationbetweenearningsmanagementandcorporategovernanceinChina'slistedcompanies,thebookfirstdoesacomprehensiveanalysisfortherelationbetweenearningsmanagementandcorporategovernanceandputsforwardameasurementmodelsuitableforearningsmanagementinChina'slistedcompanies.Basedonthis,thebookrespectivelyinspectstherelationbetweenearningsmanagement,listedcompanies'equitystructureandfeaturesofboardofdirectors.Throughempiricalresearch,itisfoundthatthefirstmajorityshareholder'sshareholdingphenomenonisveryseriousinourcountryandexcessivecentralizationofstockrightsisthemainreasonforearningsmanagementinlistedcompaniesinourcountryandmeanwhileaveryimportantreasonforpoorgovernanceoflistedcompaniesinourcountry.Therefore,itisnecessarytodevelopmoreshareholdingformsbeneficialforcorporategovernancethatcanformbetterinteriorrestraintmechanisms.Researchresultsareofreferencevalueforreality.