Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Research of Reform of Registration System and Earnings Management of R&D Activities in IPO

Authors
Jiacheng Geng
Nankai University School of Finance, Tianjin 300350, China
*Corresponding author. Email:jcgeng@126.com
Corresponding Author
Jiacheng Geng
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.452How to use a DOI?
Keywords
Registration System; Earnings Management; R&D; IPO
Abstract

China’s registration reform took place in 2013, and a full registration system will be implemented in 2022. The registration system takes the quality of information disclosure as the core and requires IPO enterprises to disclose true, accurate and complete information. However, it is a common phenomenon for IPO companies to conduct EARNINGS management of R&D activities in the reporting period before listing, which is mainly aimed at beautifying financial statements and raising the valuation of listing. Taking IPO companies listed on the main board and gem from 2019 to 2021 as samples, this paper finds that the registration system inhibits the earnings management degree of their R&D activities compared with the approval system.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.452How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jiacheng Geng
PY  - 2022
DA  - 2022/03/26
TI  - Research of Reform of Registration System and Earnings Management of R&D Activities in IPO
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2776
EP  - 2780
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.452
DO  - 10.2991/aebmr.k.220307.452
ID  - Geng2022
ER  -