High-quality information disclosure is the guarantee of the efficient operation of the company,which can not only provide accurate data support for the company's decision-making,but also help to improve the management efficiency.Therefore,starting from the motivations of compensation contract of earnings management,this paper takes China's A-share listed companies from 2014 to 2022 as a research sample to investigate the influence of executive compensation stickiness on corporate earnings management preference.The results show that the"rewarding the good and rewarding the inferior"type of remuneration contract with sticky characteristics has a significant effect on the smoothness of earnings and also has a significant effect on the aggressiveness of earnings,while the"rewarding the good and punishing the inferior"type of compensation contract inhibits the smoothness of earnings,which has no significant relationship with the aggressiveness of earnings.This finding can help to enhance the understanding of earnings management preferences among enterprises,governments and relevant regulatory authorities,strengthen the governance of corporate compensation incentives,and promote sustainable profitability of enterprises.
维普
万方数据
