- Volume 15 Issue 1
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The Effect of Transaction to the Related-party on the Earnings Management by Considering Controlling Shareholders Ownership
거래 상대기업의 지배주주일가 지분율을 고려한 대규모기업집단의 내부거래가 이익조정에 미치는 영향
- Baek, Jeong-Han (School of Business, Dongguk University) ;
- Choi, Jong-Seo (Dept. of Business Administration, Pusan National University)
- Received : 2016.12.01
- Accepted : 2017.01.20
- Published : 2017.01.28
The merits and demerits of the chaebol in Korea has been subjected to considerable debate in recent years. In accounting research, many papers have been concentrating on tunneling that be designated as expropriation of minority shareholders by controlling shareholders. Although majority previous paper suggested related-party transaction has a negative effect to firm value, some research on related-party transaction argued it has a positive effect, also. We assume that they can't consider compositive meaning of related-party transaction and result of prior studies are mixed. In this setting, we investigate the relation between earnings management and related-party transaction which be known as strategy for tunneling by considering controlling shareholder's ownership.
Supported by : 부산대학교
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