The Analysis on the Earnings Management of the ST Company of the Current Accounting Standards

Earnings management has a long history. As the stock market develops increasingly and more and more listed companies appear these years in our country, the problems of earnings management are getting prominent gradually, which has become practitioners to study. Earnings management of ST could be representative example for us. Through using analysis of logic regression model, it analyzes the current accounting standards on the earnings management of ST. It is helpful for supervision departments to did not come on stage and the forthcoming law, regulations for correction. It is beneficial to the supervision department of correction for non-coning on stage and the forthcoming law. The results show that: ST will take advantage of asset reorganization, government subsidies, changes of fair values and related parties when it was warned by delisting risk. And earnings management most often uses related parties and asset reorganization