A study on ethical management of South Korean Airlines
Woo-Young Shin, Soonwook Hong · International Journal of Economics and Business Research · 2022
The purpose of this paper is to study the ethical management of South Korean Airlines. The importance of ethical management for sustainable management of firms has been gradually growing. Ethical management is divided into internal ethics and external ethics. Earnings management is known to represent internal ethics, while CSR is known to represent external ethics. Earnings management is measured by discretionary accruals, and CSR is measured by charitable contribution expenditures. The results of the analyses indicated that South Korean airlines' discretionary accruals were large while their charitable contribution expenditures were small. South Korean airlines can be regarded to practise more earnings management while conducting fewer charitable contributions. South Korean airlines are judged to be unethical both internally and externally. This paper is meaningful in that it verified the ethical management of airlines that emerged as a matter of national interest in South Korea in recent years.