A Study on the Effect of Governance and Accounting Quality on Administrative Expenses of Busan Apartment House

This study started what kind of factors have an effect on the maintenance cost of apartment houses and then I focused on the governance of apartment houses and quality of accounting on them as the factors. Overall, the components of governance and accounting quality have been shown to have a positive effect on management costs. The differentiation of this study is that even after controlling for the major variables covered in the preceding study, the quality of the joint housing governance and accounting, which are the main variables of this study, indicated that additional incremental descriptions existed in the cost of managing the shared housing. In particular, in this study, the fact that the analysis was performed after completing a questionnaire and obtaining direct primary data is also different from the existing research. The results of this empirical analysis are expected to present some practical implications for key stakeholders surrounding apartment houses, including policymakers and executive offices. In the future, various control variables should be added and samples should be expanded nationwide, not limited to Busan area, to generalize the results.