This paper investigates whether a firm's degree of earnings management affects a firm's leasing intensity. Prior studies have pointed out that the degree of information asymmetry and lease intensity are positively corelated. Since earnings management will increase the degree of information asymmetry, companies with serious earnings management should have higher lease intensity. Consistent with this assumption, we find a significant positive correlation between accrual-based earnings management and lease intensity through multiple regression analysis. This paper also finds that as real earnings management is likely to capture impacts other than the impact of information asymmetry, the impact of real earnings management on lease intensity will differ as real earnings management proxy changes. The results of this paper are consistent with the effects of information asymmetry mentioned in the existing leasing-related literature.