기업의 사회적 책임 수준과 재무이익－세무이익 차이

The study verified the relevance between the level of corporate social responsibility(CSR) and the quality of accounting income. For this, the Korea Economic Justice Index(KEJI) disclosed annually by the economic justice Research Institute the level of corporate social responsibility(CSR) was used as a measure by the level of corporate social responsibility(CSR). And the absolute value of Book－Tax Difference(BTD) was used as a proxy for the quality of accounting income. The research sample is the 2,164 corporate years that were concluded in December, the Korea Exchange－listed financial industry from 2014 to 2017. The results of the empirical analysis are as follows. Companies with higher levels of social responsibility showed a relatively small difference between financial and tax returns. So we can expect that Companies with high levels of social responsibility have a higher quality of accounting profit than those that do not. This study differs from prior research in that the relevance between the level of corporate social responsibility and the quality of accounting income was verified using Book－Tax Difference(BTD) information. And these results are expected to be a useful information in making economic decisions for participants in the capital market participants.