Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies

Recently, a lot of studies show that there exist earnings management problems in Chinese listed companies, and the main reason for this is the defects of the governance structure. Therefore, this dissertation studies the effect of corporate governance characteristics on earnings management in Chines...

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Main Author: Wu, Yuanxin
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2020
Subjects:
Online Access:https://eprints.nottingham.ac.uk/62468/
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author Wu, Yuanxin
author_facet Wu, Yuanxin
author_sort Wu, Yuanxin
building Nottingham Research Data Repository
collection Online Access
description Recently, a lot of studies show that there exist earnings management problems in Chinese listed companies, and the main reason for this is the defects of the governance structure. Therefore, this dissertation studies the effect of corporate governance characteristics on earnings management in Chinese GEM companies. The research sample includes 739 companies from 2010 to 2019, and the Modified Jones model is chosen to measure earnings management. Besides, an in-depth investigation that divides the sample into three industries is adopted. From the results, audit quality, top 10 shareholders’ shareholding, and gender diversity verify the previous hypotheses, while the amount of free cash flow rejects the hypothesis and shows a negative result. And most of the study variables showed the same outcomes among different industries. Therefore, improving the corporate governance mechanism is helpful to fundamentally solve the earnings management problems of listed companies on the GEM and create a more healthy and stable Chinese capital market.
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spelling nottingham-624682023-04-13T13:16:58Z https://eprints.nottingham.ac.uk/62468/ Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies Wu, Yuanxin Recently, a lot of studies show that there exist earnings management problems in Chinese listed companies, and the main reason for this is the defects of the governance structure. Therefore, this dissertation studies the effect of corporate governance characteristics on earnings management in Chinese GEM companies. The research sample includes 739 companies from 2010 to 2019, and the Modified Jones model is chosen to measure earnings management. Besides, an in-depth investigation that divides the sample into three industries is adopted. From the results, audit quality, top 10 shareholders’ shareholding, and gender diversity verify the previous hypotheses, while the amount of free cash flow rejects the hypothesis and shows a negative result. And most of the study variables showed the same outcomes among different industries. Therefore, improving the corporate governance mechanism is helpful to fundamentally solve the earnings management problems of listed companies on the GEM and create a more healthy and stable Chinese capital market. 2020-12-01 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/62468/1/20209203-BUSI4153%20UNUK-Investigating%20the%20Impact%20of%20Corporate%20Governance%20Characteristics%20on%20Earnings%20Management%20in%20Chinese%20Growth%20Enterprise%20Market%20%28GEM%29%20Listed%20Companies.pdf Wu, Yuanxin (2020) Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies. [Dissertation (University of Nottingham only)] Keywords: China Growth Enterprise Market earnings management corporate governance Modified Jones Model
spellingShingle Keywords: China
Growth Enterprise Market
earnings management
corporate governance
Modified Jones Model
Wu, Yuanxin
Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title_full Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title_fullStr Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title_full_unstemmed Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title_short Investigating the Impact of Corporate Governance Characteristics on Earnings Management in Chinese Growth Enterprise Market (GEM) Listed Companies
title_sort investigating the impact of corporate governance characteristics on earnings management in chinese growth enterprise market (gem) listed companies
topic Keywords: China
Growth Enterprise Market
earnings management
corporate governance
Modified Jones Model
url https://eprints.nottingham.ac.uk/62468/