기업의 사회적 책임활동이 조세회피에 미치는 영향에 관한 실증적 연구 - 한국과 중국 상장기업의 재무비율을 중심으로 -
The Effect of Corporate Socal Responsibility on the Tax Avoidance - Focus on Financial Ratio in Korea & China market -
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초록
본 연구는 기업의 사회적 책임활동(이하 CSR)을 수행하는 기업을 중심으로 재무 비율과 조세 회피 사이의 관련성을 검증하고자 하며, 특히 기업의 사회적 책임활동 수준에 따라 차별적인지를 알아보고자 한다. 또한 기업의 재무비율에 따라 조세회피에 미치는 영향을 알아보았다. 본 연구의 분석 결과는 다음과 같다. 첫째, CSR을 보다 적극적으로 수행하는 기업의 조세회피가 감소하는 것을 확인하였다. 이는 한국과 중국 기업 모두 일치하는 결과가 도출되었다. 둘째, 재무 비율과 관련하여 수익성이 높고, 현금 흐름이 높으며, 매출 증가율이 높은 기업일수록 조세회피에 보다 적극적으로 참여할 가능성이 높다는 것을 확인하였다. 본 연구는 기업의 CSR의 수행 정도와 특정 재무비율이 조세회피 성향에 영향을 미치고 있음을 보여주었다는 점에서 의의를 갖는다. 이를 통해 과세관청은 세무조사 대상 기업을 선정하는 과정에서 조세회피 성향의 기업을 예측할 수 있는 시사점을 제공할 것으로 기대된다.
Abstract
This study aims to verify the relevance between financial ratios and tax avoidance, especially for entities that perform corporate social responsibility activities (CSR). It also identified the impact of the entity's financial ratios on tax hedges. The analysis results of this study are as follows. First, it identified a decrease in tax hedges for entities that are more active in CSR. This resulted in the same results for both Korean and Chinese companies. Second, in relation to financial ratios, entities with higher profitability, higher cash flows and higher sales growth rates were more likely to participate in tax hedges. This study is significant in that it has shown that the degree of performance of an entity's CSR and certain financial ratios are influencing its tax avoidance propensity. Through this, the tax authorities are expected to provide implications for predicting tax-avoiding companies in the process of selecting companies subject to tax investigation.
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