摘要
本文选取沪深两市A股上市公司2011年-2015年财务数据为样本,分析公司财务困境、分析师预测与盈余管理间相关性。研究结果表明,财务困境与盈余管理间存在负相关关系,公司为掩盖陷入财务困境会进行盈余管理。分析师预测与盈余管理正相关,并且强化了财务困境与盈余管理之间的相关性。上述研究能够为上市公司监管机构强化上市公司盈余管理监管提供借鉴与参考,提示投资者和分析师关注企业盈余管理状况,避免利益损失。
With the financial data of A-share listed companies at Shanghai and Shenzhen stock markets from 2011 to 2015 as research samples, this article analyzes the correlation between financial distress, analyst forecasts and earnings management. It shows that financial distress is negatively correlated to earnings management and the companies manage their earnings to cover up their financial distress. Analyst forecast is positively correlated to earnings management and reinforces the correlation between financial distress and earnings management. The research provides insights for the regulators to strengthen the regulation of the earnings management of listed companies and warns the investors and analysts to focus on the earnings management of listed companies to avoid the losses.
出处
《中国注册会计师》
北大核心
2017年第11期43-48,共6页
The Chinese Certified Public Accountant
