IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01347011.html
   My bibliography  Save this paper

Les transactions entre parties liées, spoliation des actionnaires ou mécanisme relationnel complexe, le cas de la Thaïlande

Author

Listed:
  • Adisak Chotitumtara
  • Benoit Pigé

    (IAE Franche Comté - Institut d'Administration des Entreprises de Franche Comté - Besançon - UFR SJEPG - UFR de Sciences juridiques, économiques, politiques et de gestion - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE], LEG - Laboratoire d'Economie et de Gestion - UB - Université de Bourgogne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Related party transactions, shareholders' spoliation or relational mechanism, the case of ThailandRelated party transactions are usually considered as a mechanism to spoliate shareholders for the benefit of a few actors. With the development of capitalism, the key feature of social networks in South-East Asia has contributed to the proliferation of related party transactions. The financial crisis of 1997, with a very strong impact on those countries, led to a spectacular reinforcement of corporate governance regulation. From now on, Thailand public firms have to publish the amount and the nature of their related party transactions. Our research subject is to inquire whether this publication is sufficient for limiting the negative impact of related party transactions on financial performance. While this result has been confirmed, we propose a theoretical contribution on the motives that can explain this absence of impact.

Suggested Citation

  • Adisak Chotitumtara & Benoit Pigé, 2012. "Les transactions entre parties liées, spoliation des actionnaires ou mécanisme relationnel complexe, le cas de la Thaïlande," Post-Print hal-01347011, HAL.
    • Handle: RePEc:hal:journl:hal-01347011
    DOI: 10.3917/resg.089.0059
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01347011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.