경영전략과 조세전략 지속성 간의 관련성

Abstract

This study examines the relationship between business strategy and sustainable tax strategies under the assumption that net income in the income statement according to business strategy will affect the tax burden, and verifies the effect of earnings management on this relationship. The empirical analysis results are as follows. First, as a result of examining the relationship between these corporate strategies and sustainable tax strategies(Minton et al. 2002), it was found that defender firms have higher sustainable tax strategies than prospector firms. Second, as a result of analyzing the effect of earnings management on the relationship between corporate strategy and tax sustainability, earnings management reduces tax sustainability, but for defender firms, there is a positive (+) difference between earnings management and sustainable tax strategies. This is consistent with previous studies that earnings management lowers persistence, and it is judged that defender firms adjust earnings for sustainable tax strategies. The verification result of this study is meaningful in that it expanded the previous studies that looked at corporate strategy and tax avoidance to examine the difference in sustainable tax strategies according to corporate strategy and to examine the effect of earnings management on sustainable tax strategies. This suggests empirical evidence that business performance varies depending on business strategy, and that sustainable tax strategies are different due to differences in business performance. A more sophisticated analysis of corporate management strategies and additional research based on this are expected in the future.