DocumentCode :
2653926
Title :
An Empirical Research on Correlation of Earnings Management and Ownership Structure of Chinese Listed Companies
Author :
Hui, Ma ; Rui-wen, ZHANG
Author_Institution :
Univ. of Sci. & Technol. of China, Hefei
fYear :
2007
fDate :
20-22 Aug. 2007
Firstpage :
1775
Lastpage :
1781
Abstract :
On the basis of recollecting a good many of researches of earnings management home and abroad, this paper uses an empirical research method to study the relationship between earnings management and ownership structure of shares of 460 companies listed in Shenzhen and Shanghai Stock Exchange of China in 2004 and 2005. The results show that ownership concentration ratio of shares has double effect on earnings management; the shareholding percentage of managers is negatively related to earnings management; while state-owned shares, legal person shares and trading shares have no significant effects on earnings management. The research of relationship between earnings management and ownership structure provides a kind of method for Securities Regulatory Commission of China to supervise and distinguish from earnings management behaviors.
Keywords :
financial management; stock markets; Chinese listed companies; earnings management; empirical research method; legal person shares; ownership structure; shareholding percentage; state-owned shares; trading shares; Conference management; Decision making; Displays; Engineering management; Financial management; Law; Legal factors; Security; Stock markets; Technology management; earnings management (EM); listed companies; ownership concentration ratio; ownership structure;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
Type :
conf
DOI :
10.1109/ICMSE.2007.4422098
Filename :
4422098
Link To Document :
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