An Empirical Study of Information DisclosureDegree and Related Party Transaction

• Main Authors: CHANG YUEH FANG, 張月芳
• Other Authors: LEE HO LUNG
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/06993940726413384192

碩士 === 國立高雄應用科技大學 === 商務經營研究所 === 96 === The purpose of this study is to analysis the relationship between information disclosure degree and related party transaction. From the Securities and Futures Institute network, we collect the financial data of the stock listing companies in the Taiwan Security Exchange (TSE) and GreTai Securities Market (GTSM) from 2005 to 2006. We use Multi-regression model to find out financial indices that have significant difference in different related party transaction conditions. The conclusions are: 1.The market value has no significant effect in accounts receivable of related party transaction, except for other related party transaction conditions. 2.The information disclosure degree of A and A+ has significant effect in accounts receivable of related party transaction. 3.The information disclosure degree of B has significant effect in sales of related party transaction. 4.The information disclosure with voluntarily has no significant effect in finance of related party transaction , except for other related party transaction conditions.