中国亏损上市公司第四季度盈余管理的实证研究

本文对中国A股上市公司是否在第四季度进行盈余管理以避免当年亏损或下一年亏损进行了实证研究,发现上市公司的确会在第四季度进行盈余管理来实现当年扭亏为盈或者调低利润,为下一年扭亏做好准备。因此审计师与投资者对上市公司第四季度的财务数据应该高度关注,并提高对会计信息质量的鉴别能力。

Empirical Research on Earnings Management in the Fourth Season of China's Listed Companies with Loss

We did an extensive research on the earnings management behavior of China's public companies to avoid annual losses.We found that those firms with light losses will manage to increase earnings in the fourth season to avoid loss of the current year and those firms with heavy losses will try to decrease earnings in the fourth season to improve the possibility of turning profit in the following year.Accordingly,the auditors and investors should be careful about the earnings in the fourth season and enhance the insight on the earnings quality of listed companies in the fourth season.