ST公司盈余管理研究-以A公司为例

北京理工大学珠海学院2020届本科生毕业论文Case Study on Earnings Management of Listed Companies underSpecial Treatment-Based on Company AAbstractIn recent years,China's economy has developed rapidly.At the same time,China'ssecurities market has formulated a unique system-the ST system in order to protect theinterests of investors.Its role is as a risk warning to remind investors that the companyfaces certain delisting risks or other existing risks.The system's assessment of acompany's risk level mainly depends on some financial indicators,such as net profit andnet assets.Due to the existence of accounting standards,accounting entities are given acertain amount of operating space.In addition,companies marked with ST or *ST arefacing huge pressure on protection,which objectively gives the company's managementgreater earnings management.motivation.This article takes company A (*ST Xinneng)as an example for analysis anddevelopment.Through analyzing the successful removal of a series of actions performedby company A(*ST Xinneng)before taking off the hat during 2019,traces of its earningsmanagement are discovered.This paper first illustrates the background and significanceof this paper.After sorting out the domestic and foreign literature and expounding therelevant theories of ST system of earnings management,the case of company A (*STXinneng)is used to prove that ST company has indeed adopted earnings means toachieve the purpose of successfully taking off its hat.The case first introduces the BasicSituation of company A(*ST Xinneng),and analyzes the internal reasons of earningsmanagement of a company A (ST Xinneng)and identifies the traces of earningsmanagement After analyzing the earnings management motivation,the earningsmanagement means and its results,we find that the earnings management means used bythe company include reducing the pay of employees,changing accounting policies andasset restructuring.Finally,some suggestions are made from different perspectives onsome of the problems in the *ST Xinneng earnings management process,such as