Earticle

초록

영어

Korea adopted International Financial Reporting Standards(hereafter “IFRS”) to provide higher quality of accounting information. We examine the effect of earnings management with mandatory IFRS adoption in Korea on accounting transparency by means of the analyses of various accruals. Also, We assesse value relevance of changes of net assets and net income by comparing the effects on capital stock valuation before and after mandatory IFRS adoption. We examine the differences of earnings management with mandatory IFRS adoption. We find that several discretionary accruals decrease after mandatory IFRS adoption. This result indicates that IFRS provides high-quality accounting information. By the way, we can't find the evidence of the difference of earnings management based on real activities. Secondly, for the period after IFRS adoption we find net income and changes of net income are less relevant to capital stock valuation. This result suggests that value relevance of net income and changes of net income decreases after IFRS adoption. Possible explanations to these findings are that market reacts to signals about noise of earnings quality, or adjustment of stock price follows as found in previous studies.

목차

Ⅰ. 서론
 Ⅱ. 이론적 배경과 가설 설정
 Ⅲ. 연구설계
 Ⅳ. 실증분석 결과
 Ⅴ. 결론 및 시사점
 참고문헌
 Abstract

키워드

저자

• 서미현 [ Mi-Hyun Seo | 중앙대학교 대학원 ] 주저자
• 최국현 [ Kuk-Hyun Choe | 중앙대학교 경영경제대학 경영학부 교수 ] 교신저자

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330