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Study on Income Quality Analysis of Listed Companies
Author: YangHuaFeng
Tutor: ChengJunZuo
School: Shandong University of Technology
Course: Management Science and Engineering
Keywords: Listed companies Earnings Quality Capital preservation Accounting gain Analytic Hierarchy Process
CLC: F275
Type: Master's thesis
Year: 2007
Downloads: 403
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Abstract
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The listed companies in the stock market is the cornerstone of the key indicators to evaluate the operating results of listed companies return on net assets , earnings per share , net assets per share reflect the income indicator of the amount of , and lack of awareness of the importance of the quality of earnings . This leads to a certain extent, many listed companies to manipulate profits , disrupting the order of the securities market . : I believe that in order to properly evaluate the operating results of listed companies , in addition to the focus on traditional profitability indicators should also attach importance to the quality of earnings of listed companies . The paper is divided into six chapters . The first chapter of the article is an introduction to study , research status , research content and research methods . Chapter II Overview for the quality of the earnings of listed companies on the basis of the definition of several basic concepts , summarize explained the meaning of the quality of earnings , and to clarify the quality of earnings of five characteristics : authenticity , stability , growth , cash protection , security , and so on. Chapter earnings quality factors and analysis methods , and discusses the uncontrollable factors and uncontrollable factors that affect the quality of earnings of listed companies , and the quality of earnings of listed companies should be both quantitative and qualitative aspects , including quantitative analysis using the method Analytic Hierarchy Process . Chapter instance analysis of the quality of earnings of listed companies , and applied analysis method in the third chapter , both from a qualitative and quantitative analysis of the quality of earnings of listed companies . The income statement and cash flow statement analysis data, starting with the growth rate of the relevant accounts to determine whether the listed company anomalies , and then calculate the index value of each characteristic Finally, according to the third chapter of the comprehensive evaluation formula to calculate the results of the evaluation , analysis of income quality. Chapter countermeasures to improve the quality of earnings of listed companies , listed companies and macroeconomic management perspective put forward an effective way to help the listed companies to improve the quality of earnings . Chapter VI Conclusion and Outlook of the main conclusions of this paper analyzes the limitations of this paper and illustrated directions for further research .
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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
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