경영자 능력이 세무계획과 세무위험에 미치는 영향
The Impact of Managerial Ability on Tax Risk and Tax Planning
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초록
본 연구는 경영자 능력이 세무계획 혹은 세무위험에 미치는 영향을 검증하고자 하였다. 경영자 능력이 우수할수록 현재 경제 동향을 적절히 파악할 수 있을 뿐만 아니라, 자원 배분의 효율성 등을 추구하여 영업활동으로 인한 현금 유입이 증가할 것으로 예상된다. 따라서 무리한 세금 감면으로 인한 조세위험이 증가할 가능성은 낮을 것으로 보인다. 또한, 경영자 능력이 우수할수록 합리적인 의사결정을 통해 세금에 대한 현금 부담을 최소화하고, 세후 이익을 최대화할 수 있는 적절한 세무계획을 수립할 수 있다. 이와 관련하여, 본 연구는 2010년부터 2018년까지 상장 및 코스닥 기업을 대상으로 경영자 능력이 세무위험 또는 세무계획에 미치는 영향을 검증하였다. 그 결과, 경영자 능력이 우수할수록 세무위험은 낮아지고, 세무계획은 더 우수한 것으로 나타났다. 이러한 결과는 경영자 능력이 단순히 사업전략뿐만 아니라 세무전략에도 중요한 역할을 한다는 점을 시사한다.
Abstract
This study examines the relationship between managerial ability and tax risk or tax planning. The better the managerial ability, the more likely it is that the current economic trends will be properly grasped and that cash inflow from operating activities will be excellent by pursuing efficient resource allocation. Therefore, the possibility of increasing tax risk due to excessive tax reduction is likely to be low. In addition, the better the managerial ability, the more likely it is that the cash burden for taxes will be minimized and after-tax profits will be maximized through rational decision-making, thereby establishing an appropriate tax plan. In this regard, the effect of managerial ability on tax risk or tax planning was analyzed focusing on listed KOSPI and KOSDAQ companies from 2010 to 2018, and the results are as follows. The managerial ability has significant positive effect on the tax risk or tax planning. These results suggest that managerial ability is an important role not only in business strategy but also in tax strategy.
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