Korean Accounting Review最新文献_第10页

The Association between Board Gender Diversity and Corporate Investment Efficiency 董事会性别多样性与公司投资效率的关系

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.007

Shin, Hyejeong, seun-young park

引用次数: 0

Human Resource Investment in Internal Control and Operating Efficiency 内部控制中的人力资源投资与经营效率

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.001

Bosung Shin, S. Choi, Jongsoo Han

引用次数: 0

LGBT(Lesbian, Gay, Bisexual, and Transgender)- Supportive Corporate Policy and Audit Fee LGBT（女同性恋、男同性恋、双性恋和跨性别者）-支持性企业政策和审计费

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.004

Sang-Moo Shin, Hongmin Chun, Hakjoon Song

{"title":"LGBT(Lesbian, Gay, Bisexual, and Transgender)- Supportive Corporate Policy and Audit Fee","authors":"Sang-Moo Shin, Hongmin Chun, Hakjoon Song","doi":"10.24056/kar.2021.08.004","DOIUrl":"https://doi.org/10.24056/kar.2021.08.004","url":null,"abstract":"This study investigates the relationship between Lesbian, Gay, Bisexual, and Transgender (LGBT) supportive corporate policy and audit pricing using U.S. firms’ data from 2000 to 2011. Prior studies show that firms embracing diversity, including LGBT-supportive policy, enhances credit rating and earnings quality. Despite its growing importance of diversityrelated LGBT-supportive policy, less attention is paid to the LGBT-supportive firms and its effect on audit pricing. Our results suggest that, LGBT-supportive firms demand high audit quality and pay higher audit fee than firms that do not adopt LGBT-supportive policies. We conduct instrumental variable analyses and propensity score matching analyses to mitigate endogeneity and test results reinforce our main results. Further we find that LGBT-supportive firms appoint city-level industry specialist auditors, which supports our audit demand hypothesis. Overall results suggest that LGBT-supportive firms demand high-quality audit and pay high audit fees by appointing high-quality auditors to provide transparent and reliable financial information which would satisfy various stakeholders‘ information needs. Our study has practical and policy implications for auditors and regulators by identifying new determinants of audit fee and auditor choice decisions using U.S. data.","PeriodicalId":17900,"journal":{"name":"Korean Accounting Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44886743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effects of Engagement Partner Identification on Audit Hours, Audit Fees, and Labor Mix Hours 审计合作伙伴识别对审计时间、审计费用和劳动力混合时间的影响

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.006

Jiho Hwang, Jong Eun Lee

引用次数: 2

Does the Ownership of Domestic and Foreign State Affect Asymmetric Cost Behavior? 内外资所有制是否影响不对称成本行为?

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.005

Heeju Hwang, Hye-Jin Ko, Hosung Son

{"title":"Does the Ownership of Domestic and Foreign State Affect Asymmetric Cost Behavior?","authors":"Heeju Hwang, Hye-Jin Ko, Hosung Son","doi":"10.24056/kar.2021.08.005","DOIUrl":"https://doi.org/10.24056/kar.2021.08.005","url":null,"abstract":"The ownership structure of a company affects cost behavior through the governance structure and management''s decision-making process. This study examined how the ownership of states affect cost behavior from the perspective of domestic and foreign state ownership by using 13,387 financial data and ownership observations from 2008 to 2016 in the United States. Based on the cost asymmetry model, we found that the higher the state’s ownership, the more asymmetric cost behavior in terms of selling, general, and administrative and operating costs. However, firms with foreign state ownership shows less asymmetric cost behavior comparing to firms with domestic state ownership. This study is the first paper to analyze the effect of state ownership on cost behavior, classified into domestic and foreign, and the relationship between the state ownership and cost behavior from the viewpoint of the agency problem, budget maximization tendency, compensation of managers and insufficient monitoring. This study provides implications for policy makers to consider these characteristics of state ownership and origins of the differences between domestic and foreign state ownership, and supplements the structure to overcome the limitations.","PeriodicalId":17900,"journal":{"name":"Korean Accounting Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44519093","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Audit Committee Expertise on the Informativeness of Accounting Information 审计委员会专业知识对会计信息信息量的影响

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.008

Meeok Cho, Sunhwa Choi

引用次数: 0

Are Financial Analysts More Likely to Forecast Earnings after the Announcement of Management Forecastinthe Post-IFRS Period? 财务分析师是否更有可能在发布《国际财务报告准则》后的管理层预测后预测收益？

Korean Accounting Review Pub Date : 2021-08-31 DOI: 10.24056/kar.2021.08.002

J. Park, Jaimin Goh, Sooin Kim

引用次数: 1

The Effect of Over-investment on Stock Price Informativeness about Future Earnings and the Role of the Auditor on Relationship 过度投资对股价未来收益信息性的影响及审计师在关系中的作用

Korean Accounting Review Pub Date : 2021-06-30 DOI: 10.24056/kar.2021.01.004

Do Youn Kim, Jeong Ok Kim

引用次数: 0

The Effect of Covid19 on the Discretionary Asset Impairments in the Quarterly Report Covid19对季度报告中可自由支配资产减值的影响

Korean Accounting Review Pub Date : 2021-06-30 DOI: 10.24056/KAR.2021.02.002

Won-Wook Choi, Sungho Cho

{"title":"The Effect of Covid19 on the Discretionary Asset Impairments in the Quarterly Report","authors":"Won-Wook Choi, Sungho Cho","doi":"10.24056/KAR.2021.02.002","DOIUrl":"https://doi.org/10.24056/KAR.2021.02.002","url":null,"abstract":"This paper investigates how the manager's opportunistic attitude toward asset impairment reporting affects quarterly financial statements in Covid19 pandemic situation. The first-quarter financial statements are reported with weak monitoring of accounting information, resulting in managers' opportunistic attitudes. We used discretionary asset impairment losses not the actual asset impairment amount, and the two-way fixed effect panel regression model was used to control the unique characteristics of individual companies. We investigated whether asset impairment losses were underreported in 2020 compared to the other year during the period 2015 through 2020. In addition, we identified under what conditions these effects would be enhanced or weakened. The analysis showed that managers underreported discretionary asset impairment losses in the first quarter of 2020 (hypothesis 1). This result indicates that manager's discretionary propensity to delay impairment loss recognition as much as possible until annual profit is finalized and to report quarterly profit as high has increased due to Covid19. Such a tendency was more pronounced among the firms with higher proportion of overseas assets (hypothesis 2) and was weakened among the firms with larger difference in earnings response coefficient measured by the operating profit and that measured by non-operating profit (hypothesis 3). Finally, firms with income-increasing earnings management in the previous year were insignificantly less inclined to underreport discretionary asset impairment loss during the first quarter of 2020 (hypothesis 4). © 2021, Korean Accounting Association. All rights reserved.","PeriodicalId":17900,"journal":{"name":"Korean Accounting Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45808452","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Effect of Financial Flexibility and Internal Capital Market on the net Tax Benefit of Debt and Capital Expenditure: Korean Evidence 金融灵活性和内部资本市场对债务和资本支出净税收效益的影响：韩国证据

Korean Accounting Review Pub Date : 2021-06-30 DOI: 10.24056/kar.2021.01.005

J. Ko, Sung-Soo Yoon, Heewoo Park

引用次数: 0