Case study on disclosure of related party transaction in China

• Main Author: 王星博
• Other Authors: 戚務君
• Format: Others
• Language: zh-TW
• Online Access: http://ndltd.ncl.edu.tw/handle/79959081181857001970

碩士 === 國立政治大學 === 會計研究所 === 100 === Recently, many studies have shown that related party transaction in China is an important tool of earnings management, and it also has been approved to be a primary mean for controlling shareholders propping up or tunneling the company. Therefore, because of the two reasons given above, the thesis studies and systematizes changes of related party disclosure requirements in China, and does analysis on a selected listed company’s annual report as an example of related party transaction disclousure. The analysis finds that, through related party transactions, controlling shareholder may tunnel the listed company and benefit the selected parties which are directly or indirectly controlled by controlling shareholder. That is, controlling shareholder can tunnel through invisible related party transactions or through concealment of transaction information from stakeholders.