预览加载中，请您耐心等待几秒...

上市公司递延所得税费用与盈余管理的实证研究.docx

预览
1/3
2/3
3/3

在线预览结束，喜欢就下载吧，查找使用更方便

下载提示 文本预览

如果您无法下载资料，请参考说明：

1、部分资料下载需要金币，请确保您的账户上有足够的金币

2、已购买过的文档，再次下载不重复扣费

3、资料包下载后请先用软件解压，在使用对应软件打开

上市公司递延所得税费用与盈余管理的实证研究 Abstract Thispaperinvestigatestherelationshipbetweendeferredtaxexpensesandearningsmanagementinlistedcompanies.ByanalyzingthedatafromthefinancialreportsofChineselistedcompaniesfrom2014to2018,thisstudyfindsthatthereisasignificantpositivecorrelationbetweenthedeferredtaxexpensesandearningsmanagement.Specifically,companieswithhigherearningsmanagementtendtohavehigherdeferredtaxexpenses,andcompanieswithlowerearningsmanagementtendtohavelowerdeferredtaxexpenses.Thesefindingssuggestthatdeferredtaxexpensescanbeusedasanindicatorofearningsmanagementinlistedcompanies. Introduction Deferredtaxexpensesrefertothetaxesthatacompanyowesbuthasnotyethadtopayincash.Thisoccurswhenacompany’staxliabilityistemporarilyreducedbytaxdeductionsorlosses.Deferredtaxexpensescanplayanimportantroleinassessingacompany’sfinancialhealthanddeterminingitstaxobligations.However,somecompaniesmayusedeferredtaxexpensesasameansofmanipulatingtheirearningstomeetcertainprojectionsorfinancialgoals.Thispracticeisknownasearningsmanagement.Earningsmanagementcanbeausefultoolforcompaniestomaintainapositivereputationandattractinvestors.However,whenusedexcessivelyorinappropriately,itcanmisleadinvestorsanddamagethecompany’slong-termfinancialstability. Thepurposeofthisstudyistoinvestigatetherelationshipbetweendeferredtaxexpensesandearningsmanagementinlistedcompanies.Specifically,thisstudyseekstoanswerthefollowingresearchquestions: 1.Istherearelationshipbetweendeferredtaxexpensesandearningsmanagementinlistedcompanies? 2.Ifthereisarelationship,whatisthenatureanddirectionofthisrelationship? 3.Whataretheimplicationsofthesefindingsforinvestors,regulators,andpolicymakers? Methodology Toanswerthesequestions,thisstudyconductsaquantitativeanalysisofthefinancialreportsofChineselistedcompaniesfrom2014to2018.Thesampleincludes156companiesthatarelistedontheShanghaiandShenzhenstockexchanges.ThedataiscollectedfromtheChinaSecuritiesRegulatoryCommission’sfinancialdatabase. Tomeasureearningsmanagement,thisstudyusesthedisc