股权结构与盈余质量山东上市公司的实证分析-会计学专业论文.docxVIP

II II ABSTRACT Accounting earnings information has always been concerned by investors, creditors and other stakeholders. It is the base of investors, the base of stock market’s development and a booster of the market resource allocation’s effectiveness. Therefore, accounting earnings quality is a focus which current accounting theorists and industrialists pay attention together. But research on what factors affect earning quality and how to improve it becomes more and more. Factors affecting earnings quality are both internal factors and external factors, such as the structure of the company government, the stockholder’s structure, dividend policy and audit opinion. I investigate earnings quality from the point of ownership structure. The article reviewed related research literature from the definition of earnings quality, evaluation of earnings quality and the affection of ownership structure on earnings quality. Then, the paper carried out theoretical analysis from ownership structure, earnings quality and the affection of ownership structure on earnings quality. And it outlined the basic situation of listed company in Shandong. Combed theoretical analysis, the article collected data of Shandong Province of listed company in 2009, 2010 and 2011.which constitutes two aspects from the stockholder’s concentration degree and the stockholder’s identity. The paper attempts to constructing an earnings quality evaluation system from truth, the cash earnings of security, stability, growth and profitability of earnings. this author chooses the factors analysis to could carry out the objective weight as the dependent variable. Then the influence of ownership structures on earning quality is verified by regression model. The empirical studies have shown that the first major stockholder’s proportion and the earnings quality have relations as inverted “U”. Again examines influence of the stockholder’s identity to the earnings quality, discovers that the national stock proportio