경영자능력과 영업권손상차손 인식
Goodwill Impairment and Managerial Ability
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초록
본 연구는 경영자능력이 한국채택국제회계기준 도입 이후 영업권손상차손 인식에 있어서 경영자의 기회주의적인 재량적 재무보고에 대하여 어떤 영향을 미치는 가를 실증적으로 분석하였다. 2011년～2014년 사이에 영업권을 인식한 1,482개 기업-년 표본을 대상으로, 영업권손상차손을 종속변수로, 영업권손상징후와 경영자능력, 이익조정 관련 변수들을 독립변수로 포함하여 회귀분석을 수행하였다. 분석결과, 경영자능력이 높은 경우, 손상징후에 따라 영업권손상차손이 보다 적절히 인식되고 있으며, 손상차손을 이익유연화 수단으로 이용되는 정도가 감소하였다. 본 연구는 영업권손상차손의 인식에 있어서 경영자의 기회주의적인 재무보고 성향이 경영자능력에 따라 달라질 수 있음을 보여주는 첫 번째 실증분석으로 연구의 유용성이 있으며, 향후에는 경영자능력이나, 영업권손상 징후, 그리고 이익조정 측정방법에 대한 보다 심층적인 연구를 통해 본 연구의 결과를 다양한 연구주제로 확장시킬 수 있을 것이다.
Abstract
This study examines the effect of managerial ability on managers’ opportunistic reporting discretion in recognizing the goodwill impairment losses after the adoption of K-IFRS. Cross-sectional regression results show that goodwill impairment losses are not recognized timely at the time of the goodwill impairment symptom, but rather managers make bad use of goodwill impairment losses as tools of income smoothing and big-bath. Managerial ability is not directly related to the recognition of goodwill impairment losses, but firms with more able managers recognize timely goodwill impairment losses when the symptom of goodwill impairment exists, and they use less income smoothing when the firms’ expected pre-impairment earnings are abnormally high. This study is the first research to consider the relationship between managerial ability and manager’ earnings management in goodwill impairment accounting.
참고문헌 (21)
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