원가기획시스템 도입 전·후의 기업 성과 비교분석

This paper attempts to study target costing system and to analyze the effectiveness of target costing system in Korean automakers and their parts suppliers. To achieve the objective, this paper has devoted attention to the impact of target costing system on the financial- and nonfinancial-focused management performance that would be helpful in achieving goal settled in target costing system.On the basis of the results, the findings can be summarized as follows. First, hypotheses 1 are supported at the significance level of 0.10. Nonparametric Wilcoxon test results are also supported hypotheses as a result of adopting target costing as a strategic management accounting system. Second, hypotheses 2 which are nonfinancial-focused management performances are analyzed. The results suggested that all nonfinancial-focused management performances were improved as a result of adopting target costing. That is, the effectiveness of target costing system in improving nonfinancial-focused management performances are corroborated as a result of adopting target costing system. Third, in order to investigate the reasons for those t-test results, the multivariate logic test was performed. The results suggested that financial-focused management performances were improved as a result of adopting target costing system. Fourth, as a additional analysis, after controlling for industrial effects, above hypotheses were analyzed. As per result of regression, the hypothesized relation may be corroborated at a 1% level of significance. Fifth, the results which are related to previous years’ management performances of adopting target costing as a strategic management system were so significant. Those results confirmed the concept that target costing is a strategic profit and cost management process.