Empirical Study On Related Party Transactions And The Motives In Chinese Listed Companies

In our country the earnings management behavior of listed companies has the universal existence, by whitewashing accounting information earnings management, accounting information can not really reflect the financial position and operating results of enterprises. Serious distortion of accounting information, damage the interests of users of accounting information, to optimize the allocation of social resources is not conducive to effect also exist, including the related party transaction because of the unique concealment, which makes it become the main tool of earnings management, based on this, this article on related party transactions of listed companies and earnings management relationship between research.This article from the theory of related parties and related earnings management are studied, that related party transaction is a special trade form, which has obvious bidirectional characteristic, from the positive point of view, because the associated party is built on mutual trust and relational view, the transaction can reduce information cost and management cost, to achieve the maximization of enterprise value is advantageous. On the negative side, the related party transaction although as allowed by the law, but through the control rights between related parties may influence, and transactions in the establishment of a fair basis. At the same time on the listed companies in China the use of related party transactions earnings management motivation and means are analyzed.This paper selects756A shares of Listed Companies in2010was issued the standard opinion of listed companies as samples, combined with the related party transactions of listed companies earnings management motivation, means, the related party transactions of listed companies earnings management empirical analysis, from the different motivation of earnings management on the related party transaction monitor, improve the related party transactions related accounting standards, the listed companies improve internal governance mechanism, strengthen the intermediaries and the management to strengthen the accountant occupation morals system construction and puts forward countermeasure to think.