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http://dx.doi.org/10.22156/CS4SMB.2017.7.2.125

The effect of information asymmetry between accounting information provider and users on information user decision  

Joung, Jae-Woo (Department of Management Information System, Korea University Graduate School of Transportation)
Lee, Seong-Hyo (Myongji University)
Publication Information
Journal of Convergence for Information Technology / v.7, no.2, 2017 , pp. 125-130 More about this Journal
Abstract
In the business environment of the modern society, it is not possible for the company, which is a producer of accounting information, to provide accounting information to the users of accounting information because it can not satisfy the information demand of the accounting information users due to the problem of information asymmetry. Therefore, the purpose of this study is to find out what information should be provided for satisfying the information needs of users of accounting information. This study investigates the qualitative characteristics of accounting information based on K-IFRS in the provision of accounting information and conducts empirical studies based on the users of accounting information of listed companies and unlisted companies. And how to improve the satisfaction. As a result of empirical research, it was confirmed that the accounting information satisfying the qualitative characteristics is useful for meeting the information needs of users of accounting information.
Keywords
provide accounting information; users; qualitative characteristics; information asymmetry; auditing system; disclosure system;
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Times Cited By KSCI : 5  (Citation Analysis)
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