Empirical analysis of relations between earnings management of the listed company and the corporate governance structure

There is close contact between accounting information and corporate governance structure. This paper explores the underlying relations between earnings management of Chinese listed companies and corporate governance structure by empirical testing methods, to provide a strong basis for listed companies to promote corporate governance and to inhibit earnings management. The results show that: there is negative correlation between the proportion of independent directors and the level of earnings management, and independent directors are unable to control earnings management effectively; the unity of chairman and general manager will easily lead to the occurrence of earnings management; the directors will not have a significant impact on the managerspsila behavior of earnings management when their shares held proportion is low; When the first major shareholder is on the absolute dominant position, the level of earnings management is not related to the proportion of its shares held; along with the second to the fifth largest shareholder increasing the degree of ownership balances for the largest shareholders, the level of earnings management will be reduced; the equity ratio of institutional investors is negative correlated with the level of earnings management; the ratio of external supervisors is positive correlated with the level of earnings management, and external supervisors did not play an effective role in suppressing earnings management behavior. And this paper puts forward proposals for perfect corporate governance structure and standard earnings management behavior.