Manipulations for Inner Employees＇ Shares

作     者：Haifeng Zou Heping Xia Veicheng Yu 

作者机构：Tsinghua University 

出 版 物：《Journal of Modern Accounting and Auditing》 (现代会计与审计（英文版）)

年 卷 期：2006年第2卷第2期

页      面：35-39页

学科分类：120201[管理学-会计学] 12[管理学] 1202[管理学-工商管理] 

主　　题：profit manipulation stock dividend inner employees' shares 

摘      要：After analyzing 262 corporations when their inner employees＇ shares （IES） become tradable from 1999 to 2003, we find that under-line items and probability of issuing stock dividend are significantly higher for firms with IES than firms without IES. In the two years before IES become tradable, corporations with IES tend to manipulate profit through under-line items and are more probable to issue stock dividend.