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Related Party Transactions Of Listed Companies In Our Country The Related Research

Posted on:2013-07-06Degree:MasterType:Thesis
Country:ChinaCandidate:T F GuoFull Text:PDF
GTID:2246330395450085Subject:Law
Abstract/Summary:PDF Full Text Request
The dereferencing of related transactions is a harmful accounting behavior whereby the listed corporations can avoid the legal restraint of some relevant rules, provisions and notices and realize the purpose of manipulating profits by translating real related transactions into non-related transactions by planning. It is a new way whereby the listed corporations avoid the legal supervision and manipulate corporate profits by means of disintegrating businesses, releasing themselves from related relationship, trading with the potential related party, translating the nonmonetary transactions into monetary transactions and complicating the related transactions, which, in practice, has avoided the legal supervision and increased the difficulty of legal supervision, seriously harmed the benefit of small and medium-size investors and made them lose their faith in capital market, twisted the function of the resource allocation of capital market, harmed the healthy development of capital market.However, in China, we do not have enough and deep research on the dereferencing of related transactions, because it’s a new phenomenon whose production is not very long. So this paper preliminarily analyzed the reasons of the dereferencing of related transactions based on the relevant laws and regulations and my own understanding and put forward some special measures to regulate the dereferencing of related transactions.
Keywords/Search Tags:listed company, related transaction, dereferencing
PDF Full Text Request
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