Does Earnings Management Affect the Cost Stickiness of Corporate

摘要

In recent years, many scholars have found that there is a sticky phenomenon in the cost of enterprises. However, due to the special securities access and supervision system in China, it is necessary to adjust the cost of the enterprise to achieve a certain level of profitability through real earnings management and accrual earnings management. Based on the analysis of the financial data of 1912 Shanghai and Shenzhen A-share listed companies from 2011 to 2015, this paper examines whether the earnings management motivations of listed companies in China are affected and how they affect the cost of enterprises. The results show that the motivation of earnings management has a significant impact on the overall cost and cost of listed companies in China. " take a bath" motive will increase the cost of listed companies sticky cost, turnaround motive will weaken the cost of listed companies sticky cost. This paper studies the cost of corporate stickiness from the perspective of earnings management, which can help managers to estimate the cost of corporate stickiness more accurately, so as to make more correct management and decision-making and promote the improvement of enterprise performance.