The study on earnings quality evaluating and the industry characteristics of the listed companies

Earning was one of the most important accounting information disclosed by the enterprises, particularly in the capital market environment, as well as the medium-term annual earnings figures in the report are one of the most important information transferred by listed companies to investors. Now in financial theory, the assessment models often predict and analyze a companypsilas value based on accounting earning. Therefore, the accounting earning is one of the most intuitive targets to reflect on businesspsila operating results for a certain period, which has been widely considered as a high information content. However, in different years, in the different framework of time and space industries, the information content of the accounting earning is very different, namely, there are differences in quality. Therefore, this paper will study on relationship between the industry characteristics of the listed companies and earnings quality based on the experience data of the listed companies.