회계보고의 국제적 수렴화가 회계의 질 향상에 미치는 영향

This study empirically examined the functional relationship between financial reporting quality and accounting convergence. This study found little evidence of a positive association between accounting convergence and accounting quality improvements. The results with overall sample countries based on a random effect panel regression of the relationship between accounting quality and accounting convergence were mixed. Since the test results with the mixture of converged and non-converged counties were likely to aggregate and wash out the net impact of converged countries and non-converged countries. Converged countries were defined differently based on ANOVA and t-tests. Random effect panel regression results with data of converged counties only were qualitatively similar, stronger but still mixed. The results suggested that accounting convergence alone does not necessarily improve accounting quality. This study also found that the relationship between accounting convergence and improvement in accounting quality is not a matter of a country's investor protection, legal system and enforcement, or the level of country's economic development.