市盈率反转变动上市公司盈余管理实证研究  

An Empirical Research on Earnings Management of Chinese Listed Companies with Reverse Change in P/E Ratio

作　　者：张玲[1] 党金磊[1] 吴波[1] 

机构地区：[1]湖南大学工商管理学院,湖南长沙410082

出　　处：《经济经纬》2006年第1期58-61,共4页Economic Survey

基　　金：国家自然科学基金(70172018)

摘　　要：笔者运用了考虑规模和行业因素的应计利润预期模型和扩展的琼斯模型,以1999—2001年市盈率发生反转变动的上市公司为研究样本,对其盈余管理进行了实证研究并通过研究找到了市盈率反转变动上市公司盈余管理的证据,分析了不同市盈率反转变动上市公司市盈率反转前后的盈余和成长性表现。Making use of Industry--Scale Total Accruals Model and Extended-Jones Model, this paper makes an empirical study of the earnings management. The research sample includes all the Chinese listed companies with reverse change in P/E ratio during the accounting period of 1999-2001. The empirical results find some evidence that the Chinese listed companies with reverse change in P/E ratio have taken earnings management. We also analyze the fore- and- aft behaviors of earnings and rising ability of different Chinese listed companies with reverse change in P/E ratio.

关 键 词：市盈率反转变动 盈余管理 操控性应计利润 

分 类 号：F275[经济管理—企业管理]