여성임원 할당제가 조세회피에 미치는 연구 - ESG 등급을 조절효과로 -

Research topics: This study examines the effect of the proportion of female executives and ESG ratings on corporate tax avoidance. · Research background: This study examines the policy impact of the female executive quota system and role on corporate tax avoidance. · Differences from prior research: This study examined the interaction between the proportion of female executives and ESG ratings and analyzed managers' tax avoidance tendencies by categorizing ESG ratings in detail. · Research method: This study empirically analyzed a sample of 3,777 listed companies from 2019 to 2024. Female executives were categorized into registered and unregistered executives, and ESG ratings were further subdivided. · Research results: First, a higher proportion of female executives suppressed managers' tax avoidance tendencies. Second, companies with higher ESG ratings showed reduced tax avoidance. Third, the interaction between the proportion of female executives and ESG ratings had a negative effect on tax avoidance. · Contribution points and expected effects: This study examined whether the implementation of the female executive quota system in 2022 and the effective management and operation of ESG-related factors at domestic companies due to the participation of female executives are leading to effective management.