Earticle

초록

영어

This study analyzes real earnings management behavior of KOSPI listed shipping companies. The shipping industry is very sensitive to the economy, and business performance is greatly influenced by not only internal company factors but also external environmental factors. Therefore, shipping companies may have incentives to earnings management. The means of earnings management include accrual earnings management and real earnings management. Hong(2021) argued that shipping companies engaged accrual earnings management a lot. Therefore, this paper analyzes real earnings management behavior of shipping companies. To verify this, empirical analysis was conducted with a sample of 12,166 firm-year data from KOSPI listed companies from 2001 to 2022. Real earnings management was measured using the method of Roychowdhury(2006). As a result of the analysis, it was found that shipping companies made less real earnings management. Due to the nature of shipping companies operating in the service industry, it is impossible to manage real earnings by transferring fixed costs to inventory through overproduction. The conditions and means for real earnings management of shipping companies may not be easier than those of non-shipping companies. This paper is expected to advance the understanding of corporate characteristics and earnings management of shipping companies.

목차

Abstract
Ⅰ. 서론
Ⅱ. 선행연구 및 가설설정
Ⅲ. 연구설계
Ⅳ. 실증분석결과
Ⅴ. 결론
참고문헌

키워드

저자

• 김금영 [ Keumyoung Kim | 국립한국해양대학교 해운경영학부 강사 ] 제1저자
• 홍순욱 [ Soonwook Hong | 국립한국해양대학교 해운경영학부 부교수 ] 교신저자

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  무역통상학회지 [Journal of Korea Research Association of International Commerce]

• 간기

  격월간

• pISSN

  1738-4354

• 수록기간

  2001~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 326 DDC 380