조세회피 및 회계이익－과세소득의 차이가보수주의에 미치는 영향

This study aims to examine the influence of difference of account benefit, taxable income and tax avoidance on conservatism. In order to verify this, 4 years of data from 2011 to 2014 of marketable securities listed on the Korea Stock Exchange were analyzed. First, the correlation between difference of account benefit, taxable income and tax avoidance was verified and additionally analyzed the influence of these each factors to conservatism. The study results of this study are as follows. First, the difference of account benefit and taxable income, and conservatism showed asymmetrical negative relation. In other words, as different standard of recognition, account benefit was calculated by the accrual basis while the taxable income was s calculated by settlement principle of claims and obligations, so the account benefit and taxable income represent quality of benefit and explain the conservatism as information. So when the bigger the difference between account benefit and taxable income is, the lower the conservatism is. Second, the tax avoidance tendency and conservatism showed negative relation. That is to say, because the implicit tax scale occurring from the tax avoidance and the explicit tax saving is counterbalanced, the quality of benefit decreases, and shows asymmetric relevancy of tax avoidance and conservatism. Third, the interaction effect of difference between account benefit, taxable income and tax avoidance to conservatism was analyzed and showed significant positive effect. In other words, the negative relation of account benefit and taxable income, and negative relation to tax avoidance were expected to have negative relation to conservatism through interactive term, but the interaction were counterbalanced and showed positive result. This is considered that the alleviated asymmetric property increased the conservatism. In sum, as our business environment has no option but to recognize the discretion of business executives, it is impossible to completely eliminate differences between account benefit, taxable income and tax avoidance. However, by enhancing monitoring of tax administration to reduce the difference between account benefit and taxable income, decrease tendency to tax avoidance, these factors will be able to represent quality of benefit, explain the conservatism to play its role as benchmark and will bring about the positive influence in the aspect of permanent subsist of business.