An empirical study of voluntary transfer pricing disclosures in China

Lo, Agnes W. Y.; Wong, Ryc

doi:10.1016/j.jaccpubpol.2011.08.005

Cited by 45 publications

(45 citation statements)

References 54 publications

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“…Correlation results support the provided hypothesis. These results are consistent with the findings of some empirical analyses previously performed on local markets [24,27,43].…”

Section: Earnings Before Interests and Taxes Return On Assetssupporting

confidence: 93%

“…Other studies indicate that regulations on related party disclosure mitigate the negative effects of self-dealing [42,43] and reduce the ability of insiders to remove companies' assets secretly [26]. When RPTs are monitored and have to be disclosed, insiders may avoid engaging in these problem-creating transactions, even when the company would benefit [44].…”

Section: Survey Literaturementioning

confidence: 99%

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Related Party Transactions and Financial Performance: Is There a Correlation? Empirical Evidence from Italian Listed Companies

Pozzoli¹,

Venuti²

2014

OJAcct

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Related party transactions (RPTs) can have a dual nature. On one hand, these transactions may be considered sound business exchanges, fulfilling the economic needs of the company. On the other hand, RPTs may be considered a mechanism to exploit company resources as a consequence of existing conflicting interests. This study takes into account both aspects. Specifically, this paper investigates the relation between RPTs and companies' financial performance, and thus verifies whether there is an association between these kinds of transactions and earnings management. This study examines the existence of this relation as regards the universe of Italian listed companies for the period of 2008-2011. According to the related data analysis, the research concludes that related party transactions and companies' financial performance results are not correlated and that there is no evidence of a cause-effect relation. Therefore, related party transactions do not appear-thanks also to the existence of control mechanisms-a means used by Italian listed companies to realize earnings management, especially earnings smoothing.

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“…Correlation results support the provided hypothesis. These results are consistent with the findings of some empirical analyses previously performed on local markets [24,27,43].…”

Section: Earnings Before Interests and Taxes Return On Assetssupporting

confidence: 93%

Section: Survey Literaturementioning

confidence: 99%

Related Party Transactions and Financial Performance: Is There a Correlation? Empirical Evidence from Italian Listed Companies

Pozzoli¹,

Venuti²

2014

OJAcct

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show abstract

“…(Karamanou, 2005). Hal ini berarti, perusahaan dengan persentase komisaris independen yang lebih tinggi, tingkat pengungkapan juga tinggi, termasuk akan lebih besar kemungkinanya untuk mengungkapkan transaksi pihak yang memiliki hubungan istimewa (Lo, 2011).…”

Section: Telaah Literatur Dan Pengembangan Hipotesisunclassified

Pengaruh Corporate Governance Dan Karakteristik Perusahaan Terhadap Luas Pengungkapan Transaksi Pihak Berelasi Di Indonesia

Apriyani

2016

Jurnal Akuntansi Indonesia

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“…This finding raises another important research question: What factors affect management's voluntary disclosure? Using a unique regulatory setting regarding the voluntary disclosure of the pricing method of related-party transactions, 6 Lo and Wong (2011) management and its incentives, board composition, and ownership structure significantly influence the voluntary disclosure decisions of managers.…”

Section: Financial Reporting: Accounting Standards Reform and Firms' mentioning

confidence: 99%

Structural Changes in the Chinese Stock Market: A Review of Empirical Research

2014

China Account Financ Rev

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China’s stock market has gone through major structural changes since its inception in the early 1990s. In this survey article, we review the empirical literature published in 15 leading accounting and finance journals from 1998 to 2013 that documents these important structural changes. In analysing this literature, we focus on the ‘distinctiveness’ of the Chinese stock market compared with developed stock markets (e.g. US) and the research opportunities generated by the China setting. Key themes include China’s share issue privatisation (SIP) reforms, the political connections in privately owned companies, the characteristics of Chinese listed companies and their governance, the regulatory environment reforms in China, and the evolving role played by auditors and other information intermediaries.

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An empirical study of voluntary transfer pricing disclosures in China

Cited by 45 publications

References 54 publications

Related Party Transactions and Financial Performance: Is There a Correlation? Empirical Evidence from Italian Listed Companies

Related Party Transactions and Financial Performance: Is There a Correlation? Empirical Evidence from Italian Listed Companies

Pengaruh Corporate Governance Dan Karakteristik Perusahaan Terhadap Luas Pengungkapan Transaksi Pihak Berelasi Di Indonesia

Structural Changes in the Chinese Stock Market: A Review of Empirical Research

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