윤리경영과 재량발생액과의 관계

The ethical management has recently regarded as necessary and attracted the interest from the field and academic world as one of the main survival strategies. The ethical management seems to work as a key factor in the performance and the accounting transparency, even being thought not only as the social reputation or image but as the scale of company value. In the present context where the corporate ethics are recognized as the important strategic factors in the manage- ment activities, we will examine the relations between the introduced ethical management and the accounting transparency. as the measured results of the accounting transparency were highly connected to the management’s opportunistic selection of the accounting, the discretionary accruals amount were selected as proxy variables in this study. In reviewing the analyzed results, we can see the companies that have introduced the ethical management show less accounting selection of the discretionary accruals by the management, comparing those that have not introduced it. This means the weaker profit-manipulating behaviour done by the management selecting the opportunistic accounting method, showing that the introduction of the ethical management leads to the effects of the improved the accounting transparency.