Group Of Companies As A Whole After The Listing Of Related Party Transactions On The Financial Results For Research

The two sides of the related party transaction make it a hot and difficult problem ofthe financial and accounting research. With the development of the china's entirecirculation times, especially the achievement of the holistic listing under the entirecirculation times, this issue may be resolved effectively. So holistic listing whether itcan effectively solve the problem of the interests of the large shareholder and smallinvestors,and the Corporation's related party transactions whether it is conducive toenhance the company's financial performance after holistic listing, which becomeimportant researches through the analysis of the practical data.This paper described and analyzed the essence of the holistic listing and therelated party transactions which based on the related theory of the holistic listing,financial performance, related party transactions and so on. Moreover, this paper useExcel, SPSS and other software to descriptive statistical analyzed and independentsamples T-test analyzed the changes on the later related party transactions of holisticlisting and before,and the related party transactions of holistic listing and not by theway of comparative analysis. The greatest significance of this article is to make up theempirical analysis of their predecessors due to lack of sample data can not be relatedparty transactions in the holistic listing of the financial results. The study results showthat the scale of the related party transactions have been occurred decreasingly afterholistic listing,also the scale is decreasing which compares with the corporation that isnot holistic listing,which effectively restrain the big shareholder occupy the interests ofsmall and medium shareholders. In addition, Related party transactions is beneficial toenhance the group company's financial performance after holistic listing, beside,buy-related party transactions and the group company's financial performance is asignificant positive correlation, also sale-related party transactions and the groupcompany's financial performance is a positive correlation but not significantly. Finally,this paper made some suggestions based on the point of different stakeholders.In the research method, this paper used the standard research and the empiricalresearch combining, at the same time, used comparative analysis method to explore thechanges in the scale of holistic listing before and after, holistic listing and which is not. It lays the foundation for the part of the empirical research and makes researchconclusion more persuasive.