Dissertation
Dissertation > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management

A Study on Relationship between Ownership Structure and Earning Management in Chinese Listed Companies

Author YuYunTeng
Tutor MeiShiQiang
School Tianjin University
Course Accounting
Keywords listed companies ownership structure earnings management empirical study
CLC F275
Type Master's thesis
Year 2010
Downloads 224
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Many factors affect the earnings management, and the imperfect corporate governance mechanism is one of the most important reasons. The ownership structure is an important part of the corporate governance mechanism. Therefore, this paper chooses ownership structure for the study and explores its impact on earnings management. This paper discusses the ownership structure of our listed companies on the impact of earnings management from the shareholding structure, ownership concentration degree and ownership balance degree.”Dominant shareholder”is the largest feature of our listed companies’ownership structure, which leads to excessive concentration of equity shares in a body, shareholders absence, "internal control", and finally induces earnings management. Therefore, ownership structure impacts deeply on the quality of earnings information. Through the discussion, it is good for controlling the earnings management, optimizing the ownership structure and the development of securities markets.This paper discusses the relationship between corporate ownership structure and earnings management, based on modified Jones model, using samples from listed companies in 2007 and empirical research methods. The results show that earnings management is positively related to ownership concentration, state-owned shares and executive ownership, while negatively to ownership balance degree and institutional ownership. Based on the empirical results, the paper makes some constructive suggestions

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