论文部分内容阅读
定向增发,是上市公司所进行的股权再融资的一种方式,大部分上市公司都会选择定向增发,其数量甚至远远大于公司开发新股与配股的数量。有学者认为,一些上市公司利用盈余管理来对财务报表及其相关数据进行改变,并借此对真实利润进行掩盖,导致一些投资者对公司具体的情况有了错误的理解。因此,我们可以看出盈余管理对一个上市公司的重要性。本文对上市公司的定向增发、盈余管理以及上市公司长期股票的收益进行了简单的探讨。
Private placement is a way for listed companies to carry out equity refinancing, most listed companies will choose to private placement, the number is far greater than the number of companies to develop new shares and rights issue. Some scholars believe that some listed companies make use of earnings management to change their financial statements and related data, and thus cover the real profits, leading some investors to have a wrong understanding of the specific situation of the company. Therefore, we can see the importance of earnings management to a listed company. This paper briefly discusses the private placement of listed companies, earnings management and earnings of long-term listed companies.