경영자 유형과 성장성이 경영위험과 유효법인세율과의 관련성에 미치는 영향

• 영문명: The Effects of the Management Type and Growth on Relationship between Management Risk and Effective Tax Rates
• 발행기관: 한국무역연구원
• 저자명: 김선화(Sun-Hwa Kim) 정용기(Yong-Ki Jung)
• 간행물 정보: 『무역연구』제17권 제5호, 495~510쪽, 전체 16쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2021.10.30

영문 초록

Purpose - This study was carried out in two stages. This study investigates (1) whether a negative relationship between management risk and effective tax rates is intensified in owner-manager firms, and (2) whether such a relation is intensified in firms with high growth. Design/Methodology/Approach - The sample of this study includes 2,622 firm-year observations drawn from the KIS-VALUE database. The sample was obtained from firms listed on the Korean Stock Exchange from 2011 to 2018. Findings - The results of the study are as follows. First, the results show that a negative relationship between management risk and effective tax rates is intensified in firms with an owner-manager. We infer that owner-manager companies have a stronger incentive to secure internal funds by reducing tax payments. Second, the result provides that in firms with high growth, a negative relationship between management risk and effective tax rates is intensified. The result indicates that high growth companies have a stronger incentive to secure internal funds by reducing tax payments. Research Implications - The results of this study will help tax authorities screen the behavior of firms in tax reduction as well as company tax strategies.

목차

Ⅰ. 서론

Ⅱ. 선행연구 검토 및 가설 설정

Ⅲ. 연구방법 및 표본선정

Ⅳ. 실증분석 결과

Ⅴ. 결론

References

키워드

Effective Tax Rates Growth Management Risk Manager Type