运用EVA指标识别上市公司利润操纵的实证研究

目前普遍存在的上市公司利润操纵行为已经引起各方面的重视，如何识别利润操纵行为非常重要。基于会计利润的传统财务指标如净资产收益率，已成为一部分上市公司的操纵对象。选取2002年深市所有上市公司为样本，证明EVA指标的出现可以帮助我们更好地识别上市公司可能存在的利润操纵。

The Empirical Study on Identifying the Profit Manipulation of the Listed Companies by Using EVA Indexes

The profit manipulation of the listed companies commonly exists at present has aroused the attention of each aspect, and how to identify the profit manipulation is very important. Some traditional financial indexes based on the accounting profit such as the earning ratio of the net assets have become the targets of the profit manipulation of partial listed companies. Selecting all listed companies in the Shenzhen Stock Exchange as the examples in 2002, this paper certificates that the occurrence of the EVA indexes can help us identify better the profit manipulation probably exists in the listed companies.