적자순응기업의 이익품질은 높은가?

초록

[Purpose]The purpose of this study is to examine the causes of loss compliance. [Methodology]This study analyzed the relationship between loss conformity and earnings management in the previous year. The sample for this study is companies listed on the Korea Exchange from 2011 to 2019. Specifically, we examined whether there is a positive (＋) relationship between firms reporting negative (－) profits close to 0 and earnings management in the previous year. [Findings]As a result of the empirical analysis, it was found that firms suspected of performing earnings management in the previous year reported a net loss in the current period. This is because the number of earnings management methods available for the current period is reduced as the management has already used temporary earnings management methods in the previous year. As a result of examining the relationship between loss compliance firms and discretionary accruals in the previous year, a positive (＋) relationship is found. This shows that discretionary accruals generated in the previous year are the result of difficulties in earnings management through discretionary accruals due to the reversal effect in the current period. [Implications]This study has a contribution in that it analyzes the cause of the suppression of earnings management from the new perspective of compliance.

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