CAJ | 학술논문

本文以2000-2006年具有独特制度背景的欧盟15国资本市场上市公司为研究样本，对欧盟2005年1月1日开始全面推行国际财务报告准则并加强各国会计协调后是否提高了欧盟上市公司盈余质量进行了研究。本文以截面DD模型计算出来的残差标准差作为盈余质量的替代变量，研究发现欧盟全面推行国际财务报告准则并加强各国会计协调后上市公司具有更低的残差标准差，即更高的盈余质量。本文进行了一系列稳健性检验证实了上述研究结论是稳健的。
본문이2000-2006년구유독특제도배경적구맹15국자본시장상시공사위연구양본，대구맹2005년1월1일개시전면추행국제재무보고준칙병가강각국회계협조후시부제고료구맹상시공사영여질량진행료연구。본문이절면DD모형계산출래적잔차표준차작위영여질량적체대변량，연구발현구맹전면추행국제재무보고준칙병가강각국회계협조후상시공사구유경저적잔차표준차，즉경고적영여질량。본문진행료일계렬은건성검험증실료상술연구결론시은건적。
Using data from publicly listed companies of 15 European Union （EU） member states that have unique institutional settings from year 2000 to 2006, this study investigates whether earnings quality is improved after the full adoption of International Financial Reporting Standards （IFRS） and the strengthening of accounting harmonization in the EU starting from 1 January, 2005. The study uses standard devia- tion of residuals that is estimated from the cross-sectional Dechow-Dichev （2002） model as a proxy for earnings quality. It is found that publicly listed companies in the EU exhibit lower standard deviation of residuals after EU＇s full adoption of IFRS and strengthening of accounting harmonization, implying the higher earnings quality. The result is solid to a number of sensitivity tests.