非效率性盈余管理及其治理

文章根据盈余管理对市场资源配置的影响，将其划分为效率性盈余管理和非效率性盈余管理。效率性盈余管理会促进资源的有效配置，而非效率性盈余管理会误导投资者的决策行为，扭曲资源配置，甚至诱发会计舞弊，其本质上是一种寻租行为，因此，有关当局应当采取相应措施予以治理。

Non-efficient Earnings Management and Its Governance

This paper divides earnings management into efficient earnings management and non-efficient earnings management.The efficient earnings management promotes effective allocation of resources,but the non-efficient earnings management misguides the decision-making behavior of investors,then distorts the allocation of resources and induces accounting fraud,the essence is a kind of rent-seeking behavior.So the authorities concerned should adopt corresponding measures for governance.