【作者】 张光辉；

【导师】 王正斌；

【作者基本信息】 西北大学 ， 工商管理， 2007， 硕士

【摘要】 随着经济开放和国际化进程的加快，转移定价问题在我国日益突出，与发达国家不同，我国遇到的转移定价问题不只是涉及税收流失问题，更为严重的是，跨国公司利用转移定价侵占中方投资者利益。本文运用会计学、管理学、经济学对转移定价的研究成果，对JV合资公司的转移定价问题进行了研究，揭示了JV公司转移定价的形成机制。本文从JV公司竞争优势与巨额亏损并存的矛盾出发，分析了外方公司进行转移定价的途径、动机、影响因素以及JV公司双方投资者的委托-代理机制、专有性资产、股权结构等。指出中外合资双方战略目标及利益并不一致，为了实现其战略目标，外方通过其代理人凭借其专有性资产以及这些专有性资产带来的垄断优势获取了超过其股权比例的控制权，而中方则由于环境因素和自身条件限制，无法对外方形成有效监督。控制权与股权的不匹配必然要求对组织租金进行重新分配，由于存在转移成本，这种重新分配最终体现为外方进行转移定价，中方采取默认的态度。在这种情况下，外方通过转出型转移定价获取了与控制权相匹配的组织租金，并能够进一步侵占中方合资者的投入资本。而JV公司的股权结构具有天生的不稳定性，这种不稳定性增进了外方公司的转移定价收益，外方公司的转移定价因而是其最优选择。中方投资者只有改变思想观念，积极应对，建立完善的委托—代理机制，加快技术转化、开发进程，实现技术创新，形成技术优势，才能保护自己在合资企业中的利益不受侵犯。本文在一定程度上解释了JV公司存在的转移定价问题，有利于提高中方企业的防范意识，保护中方投资者利益。更多还原

【Abstract】 With the fact economy being accelerated with internationalization course, transfer pricing problem emerged outstanding gradually in our country. Different from the developed country, the transfer pricing problem that our country comes across is not only related to tax losses , but also Chinese investor benefit invaded and occupied by multinational corporation.Accounting, Principles of Management and the economics research result to transferring pricing are applied to bring out mechanism and pattern having carried out in the open in this research. Seting from the contradiction of competitive edge and the deficit in JV, the strategic objective difference of Chinese & foreign investor are analysed. The multinational corporation gains the controlling power with it’s exclusive assets and agent, but Chinese investor can’t oversee JV with the environmental factor and other condition restrict . The inharmonious between controlling power and stock right necessity requires that the organization profit should be redistributed, so the multinational corporation has gained more organizing rent and invaded the capital input of Chinese investor by transferring pricing. The innate instability of stock right structure enhance the investment profit as well as transferring pricing trade effect of the multinational corporation.Only when Chinese investor changes notion and answers actively can they protect their own benefit from being infringed upon, perfect agency built, technology conversion and technological innovation accelerated and technological superiority formed are necessary in the joint venture.More attention paid to transferring pricing in joint venture will be appreciated and Chinese shareholder benefit will be protected.更多还原