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A Study on the Relevance between Socially Responsible Investment and Book-Tax Difference

사회책임투자와 회계이익-과세소득 차이 간의 관련성 연구

  • Ryu, Ye-Rin (Management Institute, Pusan National University) ;
  • Ji, Sang-Hyun (Division of Business & commerce, Baekseok University) ;
  • Lee, Gyeong-Rak (Division of Business & commerce, Baekseok University)
  • Received : 2017.12.13
  • Accepted : 2018.02.20
  • Published : 2018.02.28

Abstract

We examined the level of Earnings Management of Socially Responsible Investment(SRI) Corporate by using Book-Tax Difference(BTD). We used 2,718 sample data from 2011 to 2016 on Korea Stock Exchange. In short, the result of this study's is as followed. Socially Responsible Investment(SRI) have a negative relevance with Book-Tax Difference(BTD). Therefore this study can support that a firm has a high level of Socially Responsible Investment(SRI) will have the better the Quality of Accounting according to our study. This study contributes as follow. we can confirm that the more Socially Responsible Investment(SRI) the better Quality of Accounting Information. And we hope that our study can be helped development of sound capital market and give a useful information to investors on firms that has a high level of Socially Responsible Investment(SRI).

Keywords

Earnings Management;Book-Tax Difference;Socially Responsible;Investment(SRI);Environment;Social;Governance

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