기업지배구조 보고서 의무공시가 재량적발생액에 미치는 영향

[Purpose]By verifying the effect of compliance with key corporate governance indicators on discretionary accruals, the validity of the mandatory corporate governance report disclosure system is verified. [Methodology]The analysis period for conducting this study is from 2019 to 2022, when mandatory disclosure was conducted, and the final 947 samples were used. [Findings]As a result of this study, the summary is as follows. First, there was a significant negative (－) relationship between the compliance rate and discretionary accruals of key corporate governance indicators. Second, among the key indicators of the corporate governance report, the audit body’s compliance rate and discretionary accruals show a significant negative (－) relationship. These results can be inferred that the higher the compliance rate of key indicators of the audit body, the lower the level of discretionary accruals, and the higher the quality of financial reporting. [Implications]It seems necessary to supplement the disclosure of corporate governance reports to enhance the independence and professionalism of the board of directors by improving management transparency and improving the quality of financial reporting.