Abstract:

This study seeks to find ways to reduce accounting transparency among unlisted small and medium-sized enterprises (SMEs) and strengthen them. Korean accounting transparency increases internationality at the mid- to low-income level every year after year. Transparency in accounting will affect the information environment and capital costs of companies, ultimately serving as an important factor in Korea discount, and furthermore, it is an important issue directly related to Korea's international credibility. Research is needed to solve these problems, but the preceding study mainly developed the accounting transparency index or provided policy guidelines to improve it on the premise that the accounting transparency of our country is low.