论文部分内容阅读
关联交易违规行为是我国上市公司财务舞弊的重要手段,严重扰乱了市场经济秩序,侵害了广大中小投资者的利益。本文以沪深两市主板市场2003年以后发生关联交易违规行为的上市公司为研究对象,对有关的影响因素进行统计和分析。研究结果显示,那些规模较小、独立董事数量较少、资产负债率高、营业利润率低、非营业利润额在利润总额中所占比重较大的上市公司发生关联交易违规行为的可能性更大,应当作为监管的重点。
The violation of related party transactions is an important means of financial fraud in listed companies in our country, seriously disturbing the order of market economy and infringing the interests of the majority of small and medium-sized investors. In this paper, listed companies in Shanghai and Shenzhen stock exchanges that have been involved in illegal transactions since 2003 are selected as the research objects, and the relevant factors are analyzed and analyzed. The results show that those listed companies that have smaller scale, less number of independent directors, high debt ratio, low operating profit and non-operating profit make up a larger proportion of the total profit are more likely to be involved in related-party transactions Large, should be the focus of regulation.