Earticle

초록

영어

Considering the role of a financial analyst that directly affects investors as an information mediator, management's decision to disclose to maximize corporate value will have an important impact on investors as well. On the other hand, whether or not managers vary the level of disclosure depending on the corporate form will have great implications for policy authorities. However, there is no domestic research on the relationship between the corporate form and the quality of voluntary disclosure. Our study shows that the corporate form tends to deepen the negative relationship between the proprietary information cost and the quality of disclosure. Examining whether the relationship between proprietary information cost and management disclosure decision making is valid for domestic companies is expected to provide meaningful implications for investors and regulators. Depending on the corporate form, if an entity makes a discriminatory disclosure, the cost of capital will be affected. A more in-depth follow-up study on this should be done.

목차

Abstract
1. Introduction
2. PRIOR RESEARCH, THEORY and HYPOTHESIS
2.1 Prior Research, Theory and Hypothesis
3. Methodology and Results
3.1 Measure of Corporate Forms
3.2 Hypothesis Test using OLS Regression Analysis
4. Conclusion
Acknowledgement
References

키워드

저자

• Ki Beom Kim [ Associate Professor, Department of Business Administration, Mokpo National University, Korea ]
• Sung Hyun Park [ Assistant Professor, Institution for Marine and Island Cultures, Mokpo National University, Korea ] Corresponding Author

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  International Journal of Internet, Broadcasting and Communication

• 간기

  계간

• pISSN

  2288-4920

• eISSN

  2288-4939

• 수록기간

  2009~2025

• 십진분류

  KDC 326 DDC 380