Abstract:

This research examines the factors which influence fraudulent financial reporting in 158 Malaysian public listed companies from the year 2017 until 2021. The current study applies the quantitative approach and focuses on the issue whether related party transactions and family firms influence the fraudulent financial reporting. Fraudulent financial reporting is debated globally due to the increased number of occurrence year by year. Stakeholders are directly impacted by the fraudulent financial reporting cases over the year with million and billion losses reported. Public listed firms need to be transparent in publishing annual report, therefore it is pertinent to conduct early assessment in investigating factors which influence fraudulent financial reporting. Family firms and related party transactions are among the factors that were argued in past literatures. The significant findings indicate family firms influence fraudulent financial reporting therefore contribute to the determinants of fraudulent financial reporting in Malaysian public listed firms and suggests some prevention of strategy.

Keywords:

Fraudulent financial reporting, earnings management, family firms, related party transactions.

How to Cite:

Wan Mohd Faishal Wan Mohd Zin, Amrizah Kamaluddin and Azizul Kholis. Related Parties Transactions, Family Firms and Fraudulent Financial Reporting in Malaysian Public Listed Companies. [ref]: vol.21.2023. available at: https://refpress.org/ref-vol21-a8/