我国创业板公司上市前后盈余管理程度的变化研究  

On the Changes of Earnings Management Degree of the Growth Enterprises in China before and after Listing

作　　者：路吊霞[1] 

机构地区：[1]延安大学经济与管理学院,延安716000

出　　处：《价值工程》2015年第14期186-188,共3页Value Engineering

摘　　要：我国2009年10月30日创业板市场的开盘为创新型中小企业提供了良好的融资平台,但受到上市条件的限制,我国创业板公司在上市过程中存在粉饰报表进行盈余管理的行为。本文以我国首批在创业板上市的36家公司为样本,运用修正的琼斯模型对创业板公司上市前后5年的盈余管理进行了实证分析。最终得出结论:我国创业板公司在上市前后确实存在着不同程度的盈余管理,在上市前呈上升趋势,上市当年达到最高,上市后缓慢下降。基于此,笔者提出了降低我国创业板公司的盈余管理程度的对策。The opening quotation of growth enterprises market on October 30,2009 provides a good financing platform for innovative small and medium-sized enterprises.But it is limited by the listed conditions,the growth enterprises in China have the behavior of varnishing statements to manage the earnings in the process of coming into the market.This paper takes the first 36 enterprises in China come into the market as the example,uses the modified Jones model to analyze the earnings management of growth enterprises in the 5 years.The final results show that： there are different degrees of earnings management of the growth enterprises in China before and after coming into the market.Before listing,the earnings management is on the rise,it is the highest in the listed year,after listed it slowly declines.Based on this,the author puts forward the measures to decrease the degree of earnings management of the growth enterprises in China.

关 键 词：创业板市场 盈余管理 创新型企业 

分 类 号：F275[经济管理—企业管理]