文章基本信息

标题：Research on the Impact of Performance Compensation Commitment on Backdoor Listing Companies Earnings Management
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作者：Zhang Menghan
期刊名称：E3S Web of Conferences
印刷版ISSN：2267-1242
电子版ISSN：2267-1242
出版年度：2021
卷号：253
页码：1-7
DOI：10.1051/e3sconf/202125302066
语种：English
出版社：EDP Sciences
摘要：Based on the data of Chinese A-share listed companies during the period from 2007 to 2016, this paper examined the impact of the performance compensation commitments in backdoor listing on corporate earnings management. The empirical results show that performance commitments have increased backdoor listed companies’ earnings management level; the promised performance growth rate is positively correlated with earnings management level; share compensation has a stronger impact on earnings management than cash compensation. In addition, compared with state-owned enterprises, the association between performance compensation commitments and earnings management is more pronounced in non-state-owned firms.