Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

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QFII Shareholding, Internal Control and Real Earnings Management

Authors
Yanping Liu1, Zhiyi Huang2, Yali Li1, *
1Dalian University of Technology, Dalian, Liaoning, China
2Shanghai University of Finance and Economics, Lishui, Zhejiang, China
*Corresponding author. Email: 1593517739@qq.com
Corresponding Author
Yali Li
Available Online 20 December 2022.
DOI
10.2991/978-94-6463-030-5_121How to use a DOI?
Keywords
QFII Shareholding; Internal Control; Earnings Management; Real Earnings Management
Abstract

This paper selects all A-share listed companies with QFII holdings in Shanghai and Shenzhen stock market from 2013 to 2018 as research objects to study the impact of QFII on the real earnings management of enterprises and to explore whether internal control plays a mediating effect in this process. The research shows that QFII can significantly inhibit the real earnings management of enterprises, and its shareholding ratio is negatively correlated with the real earnings management; The inhibitory effect of QFII on real earnings management disappeared significantly when the shareholding ratio is low; High quality internal control can significantly inhibit the enterprise’s real earning management and enterprises with higher quality of internal control generally have lower degree of real earnings management; Internal control plays a part of mediating effect in the process of QFII inhibiting the real earning management of enterprises. These conclusions have certain positive significance for promoting the further development of QFII system and reasonably predicting the effect of the implementation of the new policy.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
978-94-6463-030-5
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_121How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yanping Liu
AU  - Zhiyi Huang
AU  - Yali Li
PY  - 2022
DA  - 2022/12/20
TI  - QFII Shareholding, Internal Control and Real Earnings Management
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 1203
EP  - 1217
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_121
DO  - 10.2991/978-94-6463-030-5_121
ID  - Liu2022
ER  -