한국국방경영분석학회지 (Journal of the military operations research society of Korea)

한국국방경영분석학회 (Military Operations Research Society of Korea)
권호 표지

개산형 방산계약에서의 원가이전에 관한 실증연구

Study on Cost-shifting in Cost Reimbursement type of Defense Contracts

  • 발행 : 2005.12.30
PDF 다운로드
⟨ 이전 논문 다음 논문 ⟩

초록

Defense firms' excess profitability by shifting common overhead costs from non-defense sector to defense sector in the award of cost reimbursement type of defense contracts is a widespread conclusion in prior researches. In this paper, we reviewed cost-shifting incentives in defense-contracting firms and extended the analysis of McGowan and Vendrzyk(2002) by applying modified model to Korea Defense Contracts. We formulated six hypotheses to test the relation of cost-shifting and excess profitability regarding market openness, auditing system, ranking in defense contracts, and firm types(sole defense contractors, sole non-defense contractors, and defense and non-defense mixed contractors). But, we could not find any evidence that defense firms shifted costs from non-defense sector to defense sector for the period 1997-2002. The results suggest that the excess profitability of Korea defense firms may not be from the cost-shifting but from other reasons.

키워드

참고문헌

  1. 고민제, 재확장기에 진입한 방위산업, 한화증권 산업분석-방위산업, 2004. 5
  2. 김동욱, 방위산업의 특성과 방산업체의 인센티브, 서울대학교 경영학석사학위논문, 2005
  3. 신용도, 방산구매 최적계약 모형분석, 국방대학교, 2003
  4. 안태식.허은진, 방위산업 원가계산 및 이윤산정규칙과 방산업체의 인센티브, 회계저널(제 12권 제2호), 2003
  5. 양성무, 공정성.투명성 제고를 위한 방산계약, 원가제도 개선방안, 국방조달세미나 논문집, 2004. 6. 29
  6. 최석철.허완욱, 방위산업 전문화.계열화제도 개선방안, 국방대학교 교수논총 제26집, 2002
  7. 한용섭, 자주냐 동맹이냐(21세기 한국안보외교의 진로), 오름, 2004, 12
  8. Braeutigan, R. and J. Panzer, Diversification Incentives Under 'Price-Based' and Cost-Based' Regulation. Rand Journal of Economics 20 (3), 373-391, 1989 https://doi.org/10.2307/2555577
  9. Brennan, T., Cross-Subsidization and Cost Misallocation by Regulated Monopolists. Journal of Regulatory Economics 2, March, 37-52, 1990 https://doi.org/10.1007/BF00139361
  10. Demski, J., and R. Magee, A Perspective on accounting for defense contracts, The Accounting Review 67: 732-740, 1992
  11. General Accounting Office, An Examination of Concerns Expressed About the Federal Reserve's Pricing of Check Clearing Activities, GAO/GGD-85-9, January, 1985
  12. Kim, Tae-Yun, An Analysis of Defense Procurement Policy in Korea: Selection, Cost Accounting, and Profit Policies, Ph.D Thesis, Harvard University, 1999
  13. Lichtenberg, F., A perspective on accounting for defense contracts. The Accounting Review 67, 741-752, 1992
  14. McGowan, S., and Vendrzyk. P., The relation between cost shifting and segment profitability in the defense-contracting industry. The Accounting Review 77, 949-969, 2002 https://doi.org/10.2308/accr.2002.77.4.949
  15. MILTECH, ROK Defense Market-An Overview, Military Technology, 2005. 10
  16. Neter, J., W. Wasserman, and M. Kutner, Applied Linear Statistical Models: Regression, Analysis of Variance, and Experimental Designs. 4th edition. McGrawHill. 1996
  17. Rogerson, W., Overhead Allocation and Incentives for Cost Minimization in Defense Procurement. The Accounting Review 67, 1284-1305, 1992
  18. SIPRI Yearbook 2005, Armaments, disarmaments and international security, SIPRI, 2005
  19. Sweeney, G., Welfare Implications of Fully Distributed Cost Pricing Applied to Partially Regulated Firms. Bell Journal of Economics 13, Summer, 525-533, 1982 https://doi.org/10.2307/3003471
  20. Thomas, J., and S. Tung, Cost manipulation incentives under cost reimbursement: Pension costs for defense contracts. The Accounting Review 67, 691-711, 1992
  21. WMEAT 1998, Tables of Military and Economic Variables for 172 Countries, 1987-1997, US Department of State, 2001