An organic electroluminescent device comprises an anode, a hole injection layer, a hole transport layer, a light emitting layer, an electron transport layer, an electron injection layer, and a cathode, all of which are sequentially stacked. The cathode layer is composed of a doped layer and a metal layer. The doped layer includes a metal sulfide material, a hole doped object material, and a passivation material. The metal sulfide material includes at least one selected from zinc sulfide, cadmium sulfide, magnesium sulfate, and copper sulfide. The hole doped object material includes at least one selected from 2, 3, 5, 6-polytetrafluoroethylene-7, 7, 8, 8-tetracyanoquinodimethane, 4, 4, 4-tri(naphthyl-1-phenyl-ammonium)triphenylamine, and dinaphthyl-N, N'-diphenyl-4, 4'-benzidine. The organic electroluminescent device has high luminous efficiency. The invention further provides a method for preparing the organic electroluminescent device.