Research On The Problems Of Internal Control Of Related Party Transactions In A Company

With the development of market economic integration and globalization,many enterprise groups and listed companies are spring up like mushroom in domestic market in a short time,at the same time,more and morepublic companiesbegin to cooperate with each other,and the establish of the subsidiary company and its subsidiaries becomes more and more common,so the related party transactions in the industry and the industrial chain have become the widespread economic phenomenon that can be seen everywhere.However illegal related party transactions will not only infringe the interests of minority shareholders and investors,but also disrupt the normal operation of the capital market,and to strict constraints on the related party transactions of listed companies,the first line of defense is to related party transactions of enterprises internal control.In this paper,the summary of theoretical study and Research on related party transactions related legislation and related party transactions internal control,the enterprise a related party transactions internal controls were issued opinion in the case of negation to explore in depth,find out the related party transactions internal control existence reason and the problems,and puts forward a series of proposals:Establish a perfect authorization approval and supervision mechanism,effective related party transactions internal control personnel selection and assessment mechanism,effective related party transaction information disclosure mechanism and major shareholders and executives balance mechanism,a series of suggestions,for listed companies to strengthen the related party transaction internal control has certain reference significance.