Research on Earnings Management of Chinese Listed Companies in Electrical Industry: Taking Wintime Energy as an Example
- 10.2991/978-94-6463-036-7_263How to use a DOI?
- Change of accounting estimate; Earnings management; Depreciation of fixed assets
China as one of the significant emerging markets is high attention to the reality of financial reports. While earnings management is likely to impact the accuracy of accounting information, disturb the market and influence the stakeholder’s judgement. It is essential to research the motivation and detailed method of earnings management for better control of this behaviour. This study, therefore, is based on a case analysis of Wintime Energy, which aims to analyse the rationality of the behaviour of changing accounting estimates to realise earnings management. For this, a study is conducted by researching the time and policy of accounting estimate change and comparing the changed policies with other similar enterprises. Then, this paper analyzes the effect of this change using the stock price, financial indicators, and other related factors. The results indicate that the behaviour of Wintime Energy's accounting estimate change was unreasonable The intention to manipulate profits and alleviate capital flow problems could be verified.
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Cite this article
TY - CONF AU - Kehan Zhou PY - 2022 DA - 2022/12/31 TI - Research on Earnings Management of Chinese Listed Companies in Electrical Industry: Taking Wintime Energy as an Example BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 1762 EP - 1769 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_263 DO - 10.2991/978-94-6463-036-7_263 ID - Zhou2022 ER -