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http://dx.doi.org/10.14400/JDC.2017.15.1.209

The Effect of Transaction to the Related-party on the Earnings Management by Considering Controlling Shareholders Ownership  

Baek, Jeong-Han (School of Business, Dongguk University)
Choi, Jong-Seo (Dept. of Business Administration, Pusan National University)
Publication Information
Journal of Digital Convergence / v.15, no.1, 2017 , pp. 209-216 More about this Journal
Abstract
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.
Keywords
Chaebol; Affiliated firms; Related-party transaction; Tunneling; Earnings management;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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