真实活动操控盈余管理研究述评

目前学术界对盈余管理进行的大量研究都是基于应计利润的盈余管理（Accrual-basedearningsmanagement）．真实活动操控的盈余管理在最近几年才开始受到国际学术界青睐，但国内关于真实活动操控的研究极少。当前国际学术界关于真实盈余管理的有限研究主要包括真实活动盈余管理的方式识别、影响因素、经济后果、投资者对真实盈余管理的反应、应计项目操控与真实活动操控的相互影响及管理者对之选择的“啄序”理论等几个方面。

Research and Commentary on the Earnings Management Of Real Activity Control

So far in academia lots of research into the earnings management is all about the accrual-based earnings management while the earnings management of real activity control,to which importance begins to be attached in international academia,has been given few researches at home.So far in international academia the limited research into the real earnings management mainly includes such aspects as manner identification,effect factors,economic consequences,investors’ response to the real earnings management,the interaction of accrual program control and real activity control and the "order-pecking" theory of managers’ choice.