| The related party transaction (RPT) has two sides. On the one hand, it can economize the cost of transaction which is the positive side. On the other hand, it may turn to the unfair RPT which will hurt the none-related parties and is the negative side.In our securities market, RPT among listed companies put up the character of unfair. So there arises a hot discussion about RPT in our country. And the RPT is now regulated from the aspects to the accounting principles, securities market law and tax law, etc. After the review of the literatures about the RPT, I found that the transfer price is the key factor in a RPT, because it decides who will benefits in it and who will get loss. The transfer price is the main way to achieve the purpose of the RPT, also the criterion to judge the unfair RPT. But I think it does not attach enough attention. So this thesis will concentrate on the transfer price to research the RPT matter in our securities market, hoping to guiding the RPT and exerting its positive function.This dissertation has five chapters and the main content is arranged as follow:Chapter one Some theoretical discussion of the related party transaction and transfer priceThis chapter introduces the basic theory of RPT, transfer price and the relationship between them. After a brief introduction of the definition, the economic reason for the existence and the nature of RPT, I analyze its purposes, characters and differentiate the fair RPT and unfair RPT. Then I turn to the transfer price. Discuss its definition, classification, why the group corporations use it and the main means of pricing. At last I point out that the transfer price is the main way to achieve the purpose of RPT, and also the criterion to judge whether the RPT is fair.Chapter two The realistic situation of the related party transaction in our securities marketAt first, the characteristics and the realistic situation of RPT have been analyzed. Then I point out that the unfair RPT is frequently taken... |
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