How to judge whether there is a problem of honesty in listed companies?

As an investor, it is necessary to pay attention to the integrity of the company's leadership in addition to the company's operating performance when choosing an investment company. The shell of listed companies is very expensive, and many companies will take great risks to keep it. Judging from the listed companies that have been forced to withdraw from the market, the reason for delisting is not only the serious poor management ability, but also the integrity problems such as the management hollowing out the company's funds.

Then, besides judging whether its financial report is fraudulent, as an investor, from what aspects can we analyze and judge whether it has serious management integrity problems?

We can start from the following three aspects:

1. Observe the opinions of accountants and the frequency of changing companies. There are generally four kinds of opinions when certified public accountants issue accounting reports, and different opinions indicate different risks of the company. If the company report is unqualified or reserved, it means that the company report is credible. If it is "unable to express opinions" or "negative opinions", it indicates that there are serious risks and investors need to be cautious.

In addition, the frequency of changing firms is also a very important indicator. General firms are very cautious in auditing new clients, and will communicate with the last audit firm the reasons for the termination of business and investigate whether there are any reasons for failing to reach a non-compliant transaction. If the reason is the end of the management integrity problem, then the new firm will not take over the company's business. After all, companies have to be audited. Therefore, if a company changes offices frequently, it should be very careful.

2. Observe the change of CFO. If the financial director of a listed company always changes frequently, it is a signal that serious fraud may occur in the company's business. As a senior manager of listed companies, the chief financial officer is absolutely responsible for the generation of statements. If there is pressure to cheat, there will be measures that would rather leave the company than take risks.

3. Pay attention to whether the boss focuses on his main business. Only by focusing on the development of the main business can listed companies ensure the steady growth of their operating performance. On the contrary, if the boss of the company does not focus on the main business, but is interested in transnational investment and mergers and acquisitions, it will undoubtedly cause great risks to the company. Letv is because the boss reached out and touched too many business areas, which led to poor management and eventually led to tragedy.