배당수익인식과 배당의사결정권에 관한 연구

Accounting information with qualitative characteristics requires logical consistencies of the accounting standard. When the accounting standards are considered in expanded perspectives, discords in accounting standards can occur. This study points out that the discord is originated from commercial law and tries to find a solution to resolve the discord using the literature survey method. The right receiving a dividend as dividend revenue recognizing standard, in the accounting standards and research articles, can be interpreted the a claim of dividend payment in commercial law. The right of decision making dividend is given to general meeting of shareholders in KOREA and JAPAN, but board meeting in U. S. A. Therefore, the decision making dividend occurs before the dividend basic date in KOREA and JAPAN, but after in U. S. A. So, the situation where there is no person having duty of dividend payment but person having claim of dividend demand occurs in KOREA and JAPAN. In KOREA, the board meeting makes a decision of an interim dividend, while the general meeting of shareholders makes a decision of a periodic dividend. The general investors recognize the dividend revenue at the general meeting day of shareholders, but the indirect investment funds recognize it at ex-dividend day. Discrepancies among different decision makers and timings can be resolved by giving the right of decision making dividend to a board meeting. The board meeting's moral hazard can be prevented by the market inspection and the regulation of dividend source.