Earnings Management Incentive on Financial Constrain

摘要：

We take the Chinese listed company from 1998-2006 as samples, analysis the incentive to easy financial constraint. We find that the company will increase the report earnings by earnings management when then they are financial constrain, and financial constrain is positive related to the change of earnings management, we prove that to easy financial constrain is an important incentive of earnings management. We also find that the incentive on turn loss into gain and smooth earnings are exist in china stock market, the compensation is a factor of earnings management, and we do not find the evidence that the self-interest incentive, which is proxy by whether the president of the board is also CEO, are exist in China.

关键词： Earnings management Financial Constrain Information Asymmetry

作者: DU Rui LI Yanxi GAO Rui

作者单位: School of Management, Ocean University of China, Qingdao, China, 266100 School of Management, Dalian University of Technology, Dalian, China, 116024 Planing and Finance Department, Bank of Qingdao, Qingdao,China,266000

会议类型: 国际会议

会议名称: The 4th (2012) International Conference on Financial Risk and Corporate Finance Management(第四届(2012)金融风险与公司金融国际研讨会 FRCFM)

会议地点: 大连

会议语种:英文

页码: 165-169

在线出版日期: 2012-07-07（万方平台首次上网日期，不代表论文的发表时间）