Title :
The Value Quality Evaluating Model of the Listed Companies under the Background of Accounting Information Distortion
Author_Institution :
Dept. of Manage., Dalian Univ. of Technol., Dalian, China
Abstract :
This Information asymmetry of capital market can cause accounting information distortion and mislead the performance evaluation of listed companies. We addressed the definition of earnings quality and proposed the evaluation method and key techniques of its four dimensions: authenticity, stability, risk, and Sustainability. With many evaluation techniques and on the basis of FAHP method, we developed a four dimensions model and discussed earnings quality by taking the listed companies of, electric power industry in 2005 as examples.
Keywords :
accounting; industrial economics; power markets; FAHP method; accounting information distortion; capital market; earnings quality; electric power industry; listed companies; performance evaluation; value quality evaluating model; Biological system modeling; Companies; Indexes; Logistics; Mathematical model; Stability criteria; Value quality evaluating model; accounting information distortion; earnings manipulation; earnings quality;
Conference_Titel :
Business Intelligence and Financial Engineering (BIFE), 2010 Third International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4244-7575-9
DOI :
10.1109/BIFE.2010.72
