The effect of management style on financial statement comparability: evidence from Korean business groups

Yong-Shik Kim, Sun A Kang and Sang-Hun Park

Asia-Pacific Journal of Accounting & Economics, 2021, vol. 28, issue 4, 454-471

Abstract: In this study, we investigate whether firm-pairs in the same business group have more comparable earnings than firm-pairs in different business groups. We find evidence consistent with our hypothesis that accounting earnings comparability is greater when two firms are members of the same business group. Additionally, we find that accounting earnings comparability for firm-pairs in the same business group is greater where insider ownership of business groups is higher and the exchange of board personnel is more frequent. In sum, we confirm that ‘management style’ in each business group contributes to an improvement in accounting earnings comparability across member firms in the same business group.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.1080/16081625.2019.1566870 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:raaexx:v:28:y:2021:i:4:p:454-471

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/raae20

DOI: 10.1080/16081625.2019.1566870

Access Statistics for this article

Asia-Pacific Journal of Accounting & Economics is currently edited by Yin-Wong Cheung, Hong Hwang, Jeong-Bon Kim, Shu-Hsing Li and Suresh Radhakrishnan

More articles in Asia-Pacific Journal of Accounting & Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().