과거 회계수치보다 기업고유 정보위험을 더 충실히 표현한 결과 정보이용자의 회계수 치를 이용한 위험인식의 반영이 증가한 결과로 해석하고 있다.
본 연구는 주식시장을 대상으로 고유정보위험의 위험인식 여부를 조사한 선행연구와 는 달리 회계감사시장을 대상으로 고유정보위험의 위험인식 여부를 조사한다는 점에서 기존 연구 결과를 확장하고 있다. 특히 선행연구와 유사하게 빈약한 발생액의 질을 가 지는 기업은 더 큰 위험에 대한 보상을 요구하고, 주로 본질적 발생액의 질에 대한 위 험인식이 더 크다는 결과를 제공함으로써 고유정보위험이 가격결정에 영향을 미친다는 이전 연구 결과를 지지하는 추가적인 결과를 제공하고 있다. 더불어 본 연구는 IFRS 의무도입 이후 회계감사시장에서 기업고유정보위험의 감사보수 반영여부를 조사하였 고, 그 결과 IFRS 도입이후 회계수치가 기업의 사업상의 정보위험을 더 잘 포착하고 있음을 보여주고 있다. 따라서 본 연구는 회계정보가 고유정보위험에 대한 유용한 대 리변수가 될 수 있음을 재확인하고 있다.
참고문헌
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