Publications
Detailed Information
The Effects of Internal Control Weakness and its Remediation on Both Accrual-Based and Real Earnings Management
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.advisor | 최종학 | - |
| dc.contributor.author | 박지훤 | - |
| dc.date.accessioned | 2017-07-14T05:10:52Z | - |
| dc.date.available | 2017-07-14T05:10:52Z | - |
| dc.date.issued | 2014-02 | - |
| dc.identifier.other | 000000017265 | - |
| dc.identifier.uri | https://hdl.handle.net/10371/124482 | - |
| dc.description | 학위논문 (석사)-- 서울대학교 대학원 : 경영학과, 2014. 2. 최종학. | - |
| dc.description.abstract | I investigate the effects of internal control weakness (ICW) and its remediation on the two types of earnings management: accrual-based earnings management (AEM) and real earnings management (REM). Based on a sample of US firms in the 2004-2011 period, I find that firms with ICW engage in significantly higher degree of AEM and REM compared to other firms. Furthermore, I find that both AEM and REM decrease upon remediation of the weakness. However, decrease in REM is not as drastic as decrease in AEM, consistent with the idea that controlling for AEM activities is the prior objective of internal controls. Overall, this study highlights the importance of maintaining strong internal control systems by showing that it contributes to reducing REM as well as AEM. | - |
| dc.description.tableofcontents | 1. Introduction……………………………………………… 1
2. Hypothesis development 2.1. Backgrounds………………………………………………7 2.2. Existence of ICW and REM (H1)………………………11 2.3. Remediation of ICW and REM (H2)……………………14 3. Research design 3.1. Variable Measurement Internal control weakness measures………………………16 Accrual earnings management measures……………………18 Real earnings management measures……………………… 19 3.2. Empirical specification………………………………21 3.3. Sample selection……………………………………… 24 4. Empirical Results 4.1. Descriptive Statistics……………………………… 25 4.2. Existence of ICW and Earnings Management……… 27 4.3. Remediation of ICW and Earnings Management…… 29 5. Additional Tests 5.1. Existence of Different Types of ICW and Earnings Management………………………………………………………31 5.2. Remediation of Different Types of ICW and Earnings Management………………………………………………………34 6. Conclusion………………………………………………… 36 References………………………………………………………39 Appendix: Variable Definitions……………………………44 Table 1: Sample Selection Procedure…………………… 46 Table 2: Descriptive Statistics………………………… 47 Table 3: Correlation Matrix……………………………… 49 Table 4: Existence of ICW and Earnings Management… 51 Table 5: Remediation of ICW and Earnings Management…52 Table 6: Existence of Different Types of ICW and Earnings Management………………………………………………………53 Table 7: Remediation of Different Types of ICW and Earnings Management………………………………………… 54 | - |
| dc.format | application/pdf | - |
| dc.format.extent | 690512 bytes | - |
| dc.format.medium | application/pdf | - |
| dc.language.iso | en | - |
| dc.publisher | 서울대학교 대학원 | - |
| dc.subject | Internal control weakness | - |
| dc.subject | Real earnings management | - |
| dc.subject.ddc | 658 | - |
| dc.title | The Effects of Internal Control Weakness and its Remediation on Both Accrual-Based and Real Earnings Management | - |
| dc.type | Thesis | - |
| dc.description.degree | Master | - |
| dc.citation.pages | 55 | - |
| dc.contributor.affiliation | 경영대학 경영학과 | - |
| dc.date.awarded | 2014-02 | - |
- Appears in Collections:
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.