Earticle

초록

영어

This study investigates the income smoothing of public enterprises. To examines whether public enterprises have earnings management. we employ the research method of cross-sectional histogram, which used by Burgstahler and Dichev(1997) and Song et.al(2004), According to Leuz et al.(2003), we analyze whether privatization (listed or not; closed or privatization) schedule impact earning smoothing of public enterprises. In this study, several features of public enterprises’ income smoothing are documented. First, we find that public enterprises tend to smooth earnings by using method of cross-sectional histogram. Second, the results show that there is significantly positive relationship between listed public enterprises and income smoothing. It means that listed public enterprises have less income smoothing which implies that public enterprises have more institutional monitoring and higher audit quality relative to unlisted counterpart. However, public enterprises and privatization schedule have no significant relationship with income smoothing. Additional analysis shows that for listed pubic enterprises or privatized pubic enterprises the relationship is significantly positive. This is consistent with that listed pubic enterprises or privatized pubic enterprises have less income smoothing. This study contributes that the study is the first empirical study on the public enterprises’ income smoothing behaviors.

목차

Ⅰ. 서론
 Ⅱ. 선행연구의 검토
 Ⅲ. 연구 설계
 Ⅳ. 실증분석
 Ⅴ. 결론
 참고문헌
 Abstract

키워드

저자

• 박미희 [ Mi-Hee Park | 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