동반성장 기업의 이익조정 연구：회계이익－과세소득 차이 정보를 활용하여

The objective of this study is to examine the relevance of between Win－Win Growth and Earning Management. The level of Earning Management, which is dependent variable is measured by Book－Tax Difference(BTD) is estimated by Park et al.(2006). The samples of this study selected from listed corporate, consist of 3,774 observations can be collected from 2011 to 2016 at FnGuide. The result of this study can be summerized in the following. First, the Win－Win Growth has a significant negative relevance on Book－Tax Difference(BTD) is the proxy of Earning Management. This means that Win－Win Growth corporate has a higher the transparency of Accounting relatively. Second, Win－Win Growth also has a significant negative relevance on Book－Tax Difference(BTD) on the sample that is made up the Win－Win Growth Corporate completely. Finally, Win－Win Growth also has a significant negative relevance on Discretionary Accruals are measured by multi methodology(Dechow et al., 1995；Ball and Shivakumar, 2006). So we can expect that the accounting information of Win－Win Growth corporate is true as steel. But this study have some limitation. Especially we can’t explain the reason the Win－Win Growth has a significant negative relevance on Book－Tax Difference(BTD) We hope that our result can help investor making a reasonable decision on investment and officials making a effective policy on the Win－Win Growth.