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Ownership structure and earnings management of listed companies in China
Author: HuWenCui
Tutor: LiZuoHui
School: Central University for Nationalities
Course: Business management
Keywords: Earnings Management Ownership structure Corporate Governance
CLC: F275;F224
Type: Master's thesis
Year: 2010
Downloads: 181
Quote: 0
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Abstract
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Earnings management is not just accounting practices , but also a management behavior. The domestic earnings management focused on whether earnings management exists and when the presence of and influencing factors of less earnings management . In response to this situation , the purpose of this study broadly speaking is explored from the perspective of the shareholding structure of earnings management constraints . Papers from the ownership concentration , shareholding structure analysis of both the shareholding structure of the status quo of China 's listed companies earnings management : the status quo of the shareholding structure of listed companies in China is due to the dominance , coupled with the lack of incentives and the lack of effective control over the market , making China's listed companies \Thus, the shares of listed companies a rational structure has a significant impact on earnings management . In this paper, the specification and empirical research methods . First through normative analysis of domestic and foreign earnings management and shareholding structure of the relevant literature obtained : generally listed companies in China earnings management and equity concentrated degree was positively correlated ; shareholding proportion of the shareholding structure , earnings management and state-owned shares is relevant , and legal person shares held The proportion of shares negatively correlated negatively correlated with the proportion of public shares , not related with the management stake . Then, the study design, research hypotheses and build the corresponding measurement model . The select 2006-2008 China 's Shanghai and Shenzhen A shares for the sample , through descriptive analysis and regression analysis to study the relationship between ownership structure and earnings management of listed companies in China based on the conclusion of the study : ownership concentration of listed companies in China with a positive correlation between earnings management ; shareholding structure , the proportion of state-owned shares , a positive correlation between earnings management , legal person shares and public shares are able to inhibit the generation of earnings management , Managerial Ownership and earnings Management . On this basis , made ??a number of targeted recommendations .
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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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