From Gaming Angle Analysis To Be Listed's Related Transactions

The prevalence of the related transactions and the vicious impact to the related transactions has attracted attention, triggered the academic community on the causes of the related transactions lively discussion.A general understanding is:through the relatedtransactions ,major shareholders exploited and invaded the other shareholders benefit.However, such conclusion and the economic rationality and the balanced concept have formed the obvious contradiction . Namely, if exploits may exist,as the rational person ,how can other shareholders endure this exploitation to form balanced? it had only opened the question one half that the major stockholder invades other shareholder's benefit through the connection transactions after enterprise going on the market.We while study the major stockholder to gain benefit, also must study its cost thoroughly, studies its implementation transaction the objective environment.Was precisely based on such consideration, this article is connected the transaction in view of to be listed the occurrence question to carry on the related analysis.First, this article systematically has analyzed the reason , the characteristic ,the concept, the classification of the connection transactions ,and so on .Then, it thoroughly analysed the system root and the transaction motive which the transaction produced has carried on. Irrational ownership structure,the imperfect company governs the structure,the to be listed changes the system not thorough,in to be listed massive "the debt transfers shares of stock" the pattern are the system root which the transaction produces.The transaction motive is in order to meet own needs which includs normal needs and special needs.Next, from to be listed investors, the creditor, the supervising and managing department, chartered accountant's angle, this article considers the gambling between the benefit counterparts and be listed management, clarifies the background environment which the connection transaction produces.Finally, the union research conclusion and the current connection transaction situation, the article proposed the correlation suggestions.Hope to enrich our accounting theory, prevent improper trading,play appropriatly the advantages of legitimate transactions,give full play to the functions of the stock market.