题名

EMPIRICAL INVESTIGATION OF RELATIONSHIP BETWEEN NON-ARM'S-LENGTH TRANSFER PRICING AND RELATED-PARTY TRANSACTIONS

DOI

10.6293/AQAFA.202212_(19).0005

作者

Wen-Jye Hung；Tsui-Lin Chiang；Yi-Yin Ruan；Wen-Yu Chen

关键词

Related-Party Transactions ； Non-Arm's-Length Transfer Pricing ； State-Owned Enterprises

期刊名称

Advances in Quantitative Analysis of Finance and Accounting

卷期/出版年月

19期（2022 / 12 / 31）

页次

145 - 185

内容语文

英文
中文摘要

We examine the relationship between non-arm's-length transfer pricing (NTP) and related-party transactions (RPTs) by using a sample of 23,837 firm-year observations from listed firms in China from 2006 to 2018. We reveal that NTP is significantly and positively correlated with purchase RPTs and negatively correlated with nonoperating RPTs but not correlated with contingent RPTs. Moreover, we demonstrate that foreign shareholding mitigates the effect of NTP on complex RPTs, sales RPTs, and purchase RPTs. Finally, we divide listed enterprises into state-owned enterprises (SOEs) and privately owned enterprises. The empirical results indicate that SOEs conduct more RPTs than privately owned enterprises.
主题分类 社會科學 > 經濟學
社會科學 > 財金及會計學
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