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http://dx.doi.org/10.14400/JDC.2020.18.1.121

The A Study on the Characteristics of Internal Control System's Operation and Accounting Information Quality - Focused on Hong Kong Public Company  

Kim, Dong-Il (Dept. of Business Administration, Pusan National University)
Xu, Meng-Jun (Dept. of Business Administration, Pusan National University)
Publication Information
Journal of Digital Convergence / v.18, no.1, 2020 , pp. 121-127 More about this Journal
Abstract
This study analyzed through GEM-listed companies for verifying the interrelationship between positive and negative impacts on accounting information GEM-listed companies, whether venture firms operate the internal control operation system stably. Hong Kong's GEM listed company is a securities market similar to Korea's KOSDAQ market. To analyzing this study, used regression analysis method through internal control index to evaluate the operation of internal control system and discretionary accruals to evaluate the quality of accounting information. In this study, because profit adjustments used to realize through discretionary accruals, so analyzed using the modified Jones model to check whether the management deliberately transformed the company to realize future profits. In the empirical analysis, the correlation between the internal control index and the discretionary accruals to assess the quality of accounting information was able to find highly correlated. This study can provide useful guidance for evaluating the form and value of profit management of venture firms in the future, also would expect to help understand the financial environment of emerging venture firms.
Keywords
Venture Company; Internal Control Systems; Public Company; Discretionary Accruals; Accounting Information Quality;
Citations & Related Records
Times Cited By KSCI : 10  (Citation Analysis)
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