Empirical Study on the Relationship between Earnings management,Earnings Performance,Growth Opportunity,Financial Distress Firms: In case of China

• Main Authors: Shiu-Feng Yang, 楊繡鳳
• Other Authors: Wei-Ting
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/13563394932791592973

碩士 === 中原大學 === 會計研究所 === 99 === In this study, from 1999 to the end of 2009 CSMAR database to be due to consecutive years of losses as China Securities Regulatory Commission's definition of ST for special processing company and with the special treatment of the company in financial crisis (1) the same year with industry, the market value of similar size and (2) the same year, with the industry, asset size is similar to other conditions similar to the normal company matching. And intended to be 1:3 ratio for the study sample, using the rule of accruals (DA), earnings performance (ROA) and opportunities for growth (Tobin's) as a measure, and the use of Logistic regression analysis to explore the special processing company in China and earnings management , operating performance, growth opportunities of relevance. Based on the purpose of this study, empirical research summarized by the following conclusions: Award of companies use accruals for special treatment company showed significant positive correlation, indicating that the management control of the more decision accruals, the more likely to become a special treatment company; company's business performance for special treatment company showed significant negative correlation that the poorer earnings performance management, the more likely to become a special treatment company; growth opportunities for special treatment company presented significant positive correlation, the higher the growth opportunities that management, the more likely to become a special treatment company; ruling accruals and operational performance of the company special treatment showed a positive correlation but not reached significant levels; ruling accruals and growth opportunities for special treatment company showed significant positive correlation, indicating that management decisions accruals manipulation and the opportunities for growth than the more High corporate, the more likely to become a special treatment company.