การศึกษารายการที่เกี่ยวข้องกันกับการทุจริตในการรายงานทางการเงินของบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทย

Abstract

The purpose of this independent study was to investigate the related party transactions in fraudulent financial reporting of listed companies in the Stock Exchange of Thailand. Data were collected from secondary sources such as financial reports, news, and other sources available on the Stock Exchange of Thailand’s website, as well as books, articles, academic textbooks, online documents, and related research. The finding showed that the most common type of fraud in the listed companies was related to assets or services, through concealed transactions on procurements of machinery, lands, and shares or properties. These transactions were often reported at higher prices than the actual costs and the benefits were used for personal purposes by the company committee or authorities. The second most common type of fraud was related to ordinary business, through sales of products or services. This involved inflating income from product sales, reporting income from non-existent sales, and understating debts. This study also found that fraudulent firms tended to misappropriate corporate assets rather than manipulate accounts. Moreover, this study found that the main perpetrators of corruption were directors and top executives.