Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27–29, 2023, Tianjin, China

Research Article

Study on the Relationship between Audit Quality, Earnings Management and Investment Performance

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  • @INPROCEEDINGS{10.4108/eai.27-10-2023.2342021,
        author={Guangqiang  Han and Pengshuo  Zhao},
        title={Study on the Relationship between Audit Quality, Earnings Management and Investment Performance},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27--29, 2023, Tianjin, China},
        publisher={EAI},
        proceedings_a={ICEMBDA},
        year={2024},
        month={1},
        keywords={investment performance audit quality real earnings management},
        doi={10.4108/eai.27-10-2023.2342021}
    }
    
  • Guangqiang Han
    Pengshuo Zhao
    Year: 2024
    Study on the Relationship between Audit Quality, Earnings Management and Investment Performance
    ICEMBDA
    EAI
    DOI: 10.4108/eai.27-10-2023.2342021
Guangqiang Han1, Pengshuo Zhao1,*
  • 1: The College of Economics Bohai University
*Contact email: 748422583@qq.com

Abstract

Based on the theory of information asymmetry, this paper takes investment performance, audit quality and real earnings management of listed companies as explained variables, explanatory variables and intermediary variables respectively, and selects the data of A-share listed companies in A total of 10 years from 2012 to 2022 as samples to study the relationship between the three. The empirical research shows that audit quality has a positive impact on the investment performance of listed companies in China, which can reduce the earnings management behavior of listed companies, and excessive earnings management behavior is not conducive to good investment performance of companies. Earnings management can play a part of intermediary effect between audit quality and investment performance. The results of this study provide reference for listed enterprises to improve investment performance and improve capital investment..