Abnormal Related Party Transactions and Firm Performance：Evidence from Taiwan.

• Main Authors: Wei-En Chen, 陳瑋恩
• Other Authors: Ruey-Ching, Lin
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/mrz23e

碩士 === 輔仁大學 === 會計學系碩士班 === 100 === Affiliated firms may use related party transactions to avoid external transaction cost to improve their performance, but it may become a tool by the controlling shareholders to exploit minority shareholders. To understand the real effect of related party transactions on firm performance, I separate abnormal related party transactions from related party transactions, I believe it may help us provide advanced suggestions for the issue. I use listed and OTC business groups sample in Taiwan during 2000 to 2008. The empirical results show that abnormal related party transactions has negative effect on firm performance; When controlling shareholders and minority shareholders have consensus, the negative effect can be mitigated.