IFRS 도입 전후 감사인 교체와 이익조정에 관한 연구

박종일 ( Jong Il Park ),나경아 ( Kyunga Na ) 한국회계학회 2016 회계저널 Vol.25 No.1

본 연구는 감사인 교체와 이익조정 간의 관계가 IFRS 도입 전후기간에서 어떤 변화가 있는지를 분석하였다. 또한 감사인 교체와 이익조정 간의 관계가 IFRS 도입 전후기간에서 변화가 있다면 감사인 교체방향과도 관련성이 있는지를 살펴보았다. 이전 국내 연구에서는 K-GAAP 기간을 중심으로 감사인 교체기업들은 비교체기업들에 비해 교체연도에 재량적 발생액이 증가된다는 결과를 보고하였다(박종일과 곽수근 2007). 그리고 국내IFRS 도입 전후 이익조정의 변화를 분석한 연구들에서는 IFRS 도입 후에 재량적 발생액이 대체로 감소되었음을 보고하였다(박현영 등 2013; 김경태 2014; 정재을과 김헌숙2014; 전규안 등 2014). 그러나 IFRS 도입 전후기간에 따라 감사인 교체기업과 이익조정 간의 관계에 어떤 변화가 있는지를 조사한 연구는 그동안 국내외로 다루어지지 않았다. 이를 위해 본 연구는 IFRS 도입 전후의 각 4년간(2007년부터 2014년까지) 자료를 이용하고 금융업을 제외한 유가증권상장 및 코스닥상장기업을 대상으로 최종표본 10,902개 기업/연 자료를 분석하였다. 실증결과는 다음과 같다. 첫째, 박종일과 곽수근(2007)의 결과와 달리, IFRS 도입기간을 포함한 표본에서는 감사인 교체기업들의 당해연도의 재량적 발생액 수준이 비교체기업들과 비교하여 더 높다는 결과는 나타나지 않았다. 하지만 감사인 교체기업들의 교체연도 재량적 발생액 수준이 비교체기업들과 비교할 때 IFRS 도입 전보다 도입 후에 들어 유의하게 증가된 것으로 나타났다. 둘째, IFRS 도입 전후기간에 상관없이 감사인을 교체한 기업 중 Big 4에서 non-Big 4 감사인으로 하향교체 한 경우는 교체연도의 재량적 발생액이 그렇지 않은 통제집단과 비교할 때 더 높은 것으로 나타났다. 셋째, 추가분석에서 실제 이익조정의 수단으로 분석하면 앞서 재량적 발생액의 결과와 달리, 감사인 교체기업들은 그렇지않은 통제집단과 비교하여 실제 이익조정을 이용한 보고이익의 상향조정행위가 더 낮은 것으로 나타났다. 또한 재량적 발생액의 결과와 달리, 실제 이익조정의 경우 감사인 교체기업과 실제 이익조정 간의 관계는 IFRS 도입 전후에 따라 유의한 차이를 보이지 않았다. 이러한 결과는 감사인 교체기업들의 경우 감사인 교체를 통해 보고이익을 증가시키려고 할때 미래 기업성과를 보다 더 악화시킬 수 있는 실물거래활동을 통한 이익조정보다는 주로발생액을 이용한 이익조정행위를 통해 교체연도의 보고이익을 증가시키는 경향이 있음을 시사한다. 이상의 결과를 종합해 보면, 최근 국내 선행연구들은 IFRS 도입 전보다 도입 후에 재량적 발생액이 전반적으로 감소되었음을 보고했지만, 본 연구결과의 경우 감사인 교체기업들에서는 오히려 IFRS 도입 전보다 도입 후에 재량적 발생액 수준이 더 증가한 것으로 나타났다. 즉 본 연구결과는 보다 엄격한 새로운 회계기준의 도입으로 상장기업들이 감사인 교체의사결정을 통해 재량적 발생액을 이용한 공격적 이익조정행위를 IFRS 도입 이후에 더욱 증가시키는 경향이 있음을 보여주었다는데 의미가 있다. 이러한 본 연구결과는 IFRS 의무도입에 따라 회계투명성이 평균적으로 향상되었음을 보여준 앞서의 선행연구의 결과들과 달리, IFRS 도입 이후 보고이익을 증가시키려는 기업들은 감사인 교체를 이용하여 이를 실현시키고 있음을 시사한다. 따라서 본 연구의 발견은 학술적으로는 IFRS 관련연구에 추가적인 실증적 증거를 제공할 뿐만 아니라, 이익의 질이나 감사품질에 관심이 있는 실무계 및 규제기관에게도 유익한 시사점이 될 것으로 기대된다. This paper examines whether the relation between auditor switch and earnings management in Korea has changed after the mandatory adoption of IFRS (i.e., the post-IFRS period) compared to before the IFRS adoption period (i.e., the pre-IFRS period), and whether the direction of the auditor switch (i.e., from or to the Big 4 auditors) has affected those changes. Previous literature documents that before the adoption of the IFRS (i.e., during the K-GAAP period) the discretionary accruals increase in the year that a firm changes its auditor (Park and Kwak 2007) compared to a firm that keeps its auditor. Other studies report that the discretionary accrual level in general has decreased in Korea after the IFRS adoption (Park et al. 2013; Kim 2014; Chung and Kim 2014; Jeon et al. 2014). However, no study has yet attempted to find evidence regarding the influence of the IFRS adoption on the relation between auditor switch and earnings management. To fill this gap, we investigate this issue with all listed firms excluding those in the finance industry over the 4-year period before and after the IFRS adoption between 2007 and 2014 (equivalent to 10,902 firm-year observations). Among total sample, 1992 firm-year observations that change auditors are defined as the auditor-change firms while the remaining 8,910 observations that do not change auditors are defined as the auditor-retention firms. Also, among the auditor-change firms, 787 observations change the auditors in the pre-IFRS period and the rest (1,205 observations) switch in the post-IFRS period. A firm’s earnings management activity is estimated by discretionary accruals in the main analysis and by real activity (i.e., RM) in the additional analysis. Major findings of this study are as follows. Firstly, we do not observe a significant increase in discretionary accruals in auditor-change firms compared to those without an auditor switch (i.e., auditor-retention firms) over the whole period from 2007 to 2014 (10,902 observations), which is inconsistent to the results in Park and Kwak (2007) who use the pre-IFRS period only (2000-2005). However, when we split the sample period into the pre-IFRS period (2007-2010) and the post-IFRS period (2011-2014), we find that auditor-change firms report greater discretionary accruals than auditor-retention firms in the post-IFRS period than in the pre-IFRS period. Secondly, among the auditor-change firms, those changing from the Big 4 auditors to the non-Big 4 auditors show higher level of discretionary accruals than those switching in reverse regardless of the period. Lastly, additional test reveals that auditor-change firms are more likely to have lower level of earnings management through real activity (i.e., RM) compared to auditor-retention firms throughout the whole sample period. However, we do not observe any evidence on a significant difference in the RM level of auditor-change firms and that of auditor-retention firms between the pre-IFRS period and the post-IFRS period. This result implies that to increasing the reported earnings, the auditor-change firms tend to resort to discretionary accruals rather than to RM in the year of the auditor switch compared to the auditor-retention firms.

패션리더에 대한 재고 - 팔로워로서의 대학생 관점 -

박경애 ( Kyungae Park ) 복식문화학회 2018 服飾文化硏究 Vol.26 No.5

As social media has become a part of daily life, new types of online opinion leaders are emerging, and in turn, changes in traditional fashion leaders and leadership are expected. Considering such changes, this study attempted to reexamine fashion leader types and influence characteristics from the perspective of college students as fashion followers. Students were asked to write an essay identifying their fashion leader and how and why they were influenced by him or her. Sixty essays entitled “My Fashion Leader” were collected and content-analyzed. A total of 78 fashion leaders were identified and categorized into four types including celebrities, social media influencers, friends/family/acquaintances, and people seen on the street in order of frequency. Influence characteristics of the identified fashion leaders included superiority, role model, similarity, and familiarity. Similarity was observed across all types of fashion leaders, while superiority and familiarity were identified for celebrities and friends/family/acquaintances, respectively. The results imply that celebrities, mostly those from the TV, movie, and music industries, are still important as fashion leaders in society regardless of their communication style, while friends/ family/acquaintances as opinion leaders within a consumer group are important to provide information, advice, and help. However, social media influencers between the two groups are expanding the influence.

온라인 쇼핑몰에서 보상의 의미와 감동 효과-손편지와 사은품-

박경애 ( Kyungae Park ) 한국의류학회 2016 한국의류학회지 Vol.40 No.5

<div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div><div style="display:none">fiogf49gjkf0d</div> This study examined the effects on customer delight, satisfaction, and repurchase intention for two reward types by online shopping malls, a hand-written letter and a free gift. Two scenarios to manipulate the rewards provided by online shopping malls were developed. Study 1 revealed that the effects of a hand-written letter on delight and satisfaction were higher than those of a free gift; in addition, delight was more important than satisfaction for repurchase intention. Study 2 examined product quality that is the core function of online purchases by developing 4 scenarios that considered product quality and rewards. The result showed that high product quality caused delight and satisfaction while rewards did not. When product quality was considered, satisfaction influenced repurchase intention more than delight. The study implies that the core function of product quality is more important than rewards for customer delight, satisfaction, and repurchase in online shopping malls.

점포 밀도와 세일의 가격혜택이 혼잡성 지각에 미치는 영향

박경애 ( Kyungae Park ),허순임 ( Soonim Heo ) 한국의류학회 2015 한국의류학회지 Vol.39 No.4

This study examined: 1) the effect of store density on perceived crowding 2) the difference of perceived price benefit of sale by store density 3) the effect of perceived price benefit and store density on perceived crowding and 4) the effect of perceived crowding and price benefit on shopping behaviors. Store density and perceived crowding were categorized into social and spatial dimensions. Data were collected with 6 (high, medium, and low social and spatial densities) * 2 (sale and no-sale) between-subjects experimental designs. A total of 395 responses were analyzed. The results revealed that social density affected social crowding, but spatial density had no effect on perceived crowding. Price benefit of sale was not different by store density. The sale itself did not affect perceived crowding. Under the social density situation, perceived price benefit reduced spatial crowding and social crowding showed a positive effect on purchase behavior while spatial crowding had a negative effect. However, the most important effect on purchase behavior was price benefit. The study implies that social density (not spatial density) is important for consumer behavior and retail strategies.

Association between Healthcare Utilization and Depression in Korean Women with Cardiovascular Conditions

SeJin Park,JungWon Jang,AhYoung Kim,Seungyeon Hong,Boram Yuk,YeWon Min,KyungA Park,Subin Park 대한신경정신의학회 2017 PSYCHIATRY INVESTIGATION Vol.14 No.6

Objective-This study aimed to examine the associations between depression and both coronary artery disease (CAD) and cardiovascular risk factors (CVRs) in Korean women. Furthermore, this study sought to determine whether depression was associated with use of healthcare services in women with CAD or CVRs. Methods-This cross-sectional study was conducted on 26,335 women who were aged 19 years or older, and who participated in the Korean National Health and Nutrition Examination Survey (2007-2014). Associations of prior diagnosis of depression with CAD and CVRs and with nonutilization of healthcare services were investigated. Results-Women with depression had a higher prevalence of CAD and CVRs including obesity, hypertension, dyslipidemia, and metabolic syndrome than those without depression. In addition, depression was significantly associated with nonutilization of healthcare services in women with most CVRs. Conclusion-Considering the high rate of comorbid depression with CAD or CVRs and the low levels of health service utilization in depressed patients, screening for common CVRs, such as obesity, hypertension, and dyslipidemia, should be provided for patients with depression in mental health care settings.

아토피피부염 환아의 식품제한에 따른 영양섭취실태

박선영(Park, Sunyoung),박경애(Park, Kyungae),송경희(Song, Kyunghee) 충북대학교 생활과학연구소 2019 생활과학연구논총 Vol.23 No.2

This study was to examine the status of the dietary restriction, nutrient intake and growth of the infants with atopic dermatitis aged 6~12 months. A total of 98 infants with atopic dermatitis participated in this study between January and November, 2011. Information about general characteristics, foods that aggravated atopic symptoms and food restriction were collected from the mothers of the infants with atopic dermatitis. Height and weight for age and weight for height were converted as deviation in Z scores using World Health Organization Standard. Statistical analyses for the data were performed using the SPSS software package. The study subjects were divided into three groups (non-food restriction group, Non-FRG), voluntary food restriction group (VFRG) and prescriptive food restriction group (PFRG) on the basis of food restriction. The percentage of food restriction was 58.2%. There was a significant difference in the symptoms aggravating after food intake between Non-FRG and FRG (VFRG and PFRG). Higher percentage of VFRG had insufficient intakes of calcium and phosphorus, defined as intakes lower than 75% of the Dietary Reference Intakes for Koreans, compared to PFRG(p=.025, p=.047, respectively). There were no significant differences in the Z score height and weight for age and weight for height among three groups. In conclusion, higher percentage of Non-FRG had experienced symptoms aggravating after food intake compared to FRG and higher percentage of VFRG had insufficient intakes of calcium and phosphorus compared to PFRG. Therefore, infants with atopic dermatitis need regular nutrient assessment and education about alternative food choices to avoid voluntary food restriction in order to prevent inadequate nutrient intakes.

일반 아동과 단순언어장애 아동의 음운변별능력 및 음운작업기억 특성

백경아(Park Kyunga),황보명(Hwang Bomyung) 한국음성학회 2011 말소리와 음성과학 Vol.3 No.4

The purpose of this study was to identify the characteristics of the phonological discrimination ability and phonological working memory of 10 typically developing children aged 4, and 10 other children with Specific Language Impairments whose language age is similar. In orders to compare their phonological discrimination ability among phonological awareness, discrimination tasks were conducted at the syllable and phoneme levels. Also, in order to compare their phonological working memory, the subjects repeated nonsense syllables. The research results may be summarized as follows: First, the children with Specific Language Impairments demonstrated a lower performance than the typically developing children in phonological discrimination ability at both syllable and phoneme levels, and the difference between the groups was statistically significant. Second, the children with Specific Language Impairments exhibited a lower phonological working memory performance in all syllables compared with normal children. Although there was no significant difference in 2 and 3 syllables, a significant difference appeared as the length of the syllables became longer from 4 to 6 syllables. It is deemed necessary to conduct research into qualitative and quantitative differences through an formal assessment of the phonological awareness and phonological working memory of children with Specific Language Impairments.

온라인 쇼핑몰에서의 고객 감동경험 고찰

박경애(Park, Kyungae),허순임(Heo, Soonim) 한국생활과학회 2013 한국생활과학회지 Vol.22 No.2

Though customer delight is becoming one of the most important marketing key words, research in a retail setting is limited. With the dramatic growth of online retail shopping, this study explored customer delight experiences in online shopping malls by identifying the delight elements and analyzing the elements by online purchase steps. A total of 124 delight experiences collected from an unstructured questionnaire were content-analyzed. Delight elements in online shopping were categorized into service, product, price, delivery, package, and shopping mall operation in that order. Service related elements including free gifts and letters, recovery efforts for service failure, kind employees, and easy return were most frequently observed. Delights were experienced at the product receiving point, the priorto-purchase point, the order-to-delivery point, and the post-purchase point in that order. The results revealed that customer delights in online shopping were experienced in various purchase steps by various marketing elements. Based on the results the study provided research propositions exploring the effects of expectation vs surprise, monetary vs non-monetary/emotional benefits/rewards, and core marketing elements vs augmented services on delight experiences.

패션상품으로서의 모바일폰

박경애(Park, Kyungae) 한국생활과학회 2013 한국생활과학회지 Vol.22 No.2

As mobile phone has acquired a status of a fashion item expressing one`s character, it is necessary to understand the fashion needs for this new fashion product. The purpose of this study was to apply the fashion orientation construct developed in the clothing research field to mobile phone and explore its validity. The multi-dimensional construct of fashion orientation which most widely represented the fashion aspects was examined for the two product categories of clothing and mobile phone. Data were collected from an online questionnaire survey, and a total of 1,136 responses were analyzed. The construct structure of fashion orientation of mobile phone resulted in individuality, innovation, and fashion was different from that of clothing extracted to interest/importance, fashion/innovation, and individuality. Fashion sensitivity and an early adoption of a new product were two different dimensions in mobile phone while not separable in clothing. Despite a higher predictability of the fashion/innovation orientation of clothing on fashion orientation rather than on innovation orientation of mobile phone, innovation orientation was more important to purchase behaviors of mobile phone. The study still implies that it is valid to use clothing fashion innovative consumers for mobile phone marketing.

패션 플래그십 스토어 분석: 특성, 유형, 소비자 반응

박경애(Park, Kyungae) 한국생활과학회 2014 한국생활과학회지 Vol.23 No.2

This study explores the characteristics of fashion flagship stores from the consumers viewpoint, examines the differences by brand type in the flagship store characteristics, store experience, in-store emotion, and the post-visit brand response, and compares those of the flagship store with other stores of the brand. Flagship stores of the four brand types including luxury, SPA, retail, and national brands were selected for the online survey. Data from 537 respondents who visited and selected one of those stores were analyzed. Five factors including facility/service, scale/product lines, brand identity, location, and publicity were extracted from the characteristics of flagship store. There were differences in the perceived flagship store characteristics by brand type; The luxury and retail brands were more highly perceived in facility/service comparing to the SPA brand. Store experience and brand response were also different by brand type; Perceptions of the luxury brand were also higher than of the SPA brand. Overall, consumer responses to the luxury brand were higher than to the SPA brand. Consumer responses to the flagship store were higher than to other stores of the same brand. The study discusses further implications.