上市公司关联方交易对利润影响的实证分析-统计学专业论文.docxVIP

I I 摘 要 摘 要 近年来，随着经济全球化的发展和市场竞争的愈演愈烈，企业为了抵御风险，同时， 在激烈的竞争中处于不败之地，企业之间纷纷形成战略联盟或企业集团。随着企业集团 化的扩大，关联方交易也频频发生，所占的比重也越来越大，其对社会经济的影响也越 来越广泛。事实证明，关联方交易是不能消除的，如何对关联方交易特别是上市公司的 关联方交易进行监督就成为当今关注的焦点与研究的重点。 为了从理性上进一步弄清上市公司关联方交易操纵利润的主要形式，使广大的投资 者能够有效的判断上市公司利用关联交易对其利润的影响，本文从揭示关联交易操纵利 润的基本原理问题入手，引出关联方交易与利润的关系，借鉴国内外学者对关联方交易 操纵利润的影响研究方法，以 2011 年度审计报告提供的 36 家上市公司的关联方交易数 据为样本，进行实证研究，主要通过 eviews 与 spss 计量经济学软件进行回归分析和系 数的假设检验等计量经济学分析方法和统计学分析方法，以关联方交易的各种方式为解 释变量，构建多元回归模型，从而使广大的投资者更有效的识别与防范上市公司利用关 联方交易操纵利润对公司的影响。最后结合实证分析得出的结果，从监管部门、上市公 司自身、中介结构三个角度提出防范关联方交易操纵利润的对策及建议。 关键词 关联方交易 利润操纵 上市公司 新企业会计准则 回归模型 II II Abstract Abstract In recent years, with the development of economic globalization and the intensified competition in the market, in order to resist the risk, meanwhile, and stand in an impregnable position in the fierce competition, most enterprises have formed strategic alliances and business group. With the expanding of business group, the related-party transactions also occur frequently, the proportion is becoming more and more big in the deal, and the impact is becoming more and more widely in the social economy. The fact proved that the related-party transactions cannot be eliminate, how to supervise the related-party transactions, especially in the listed companies, has become the focus of today and the emphasis of the study. In order to clarify the main form of the related-party transactions to operating profit in the listed company further, and make most investors identify the influence of the related-party transactions to operating profit in the listed company，this paper start with revealing problems about the basic principle of the related-party transactions in operating profit, lead to the relation between the related-party transactions and profit, refer to scholars’ research on the influence of method of operation profit in the related-party transactions at home and abroad, taking the related-party transactions data provided by 36 listed co