TY  - JOUR
T1  - The Relationship Between Tax Avoidance and the Corporate Transparency in the
Institutional Environment and Accounting Information: The Case of Korea
AU - Young Park, Ju AU - Ho Choi, Gi AU - Man Yoon, Sung 
JO  - International Business Management
VL  - 11
IS  - 6
SP  - 1298
EP  - 1306
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.1298.1306
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.1298.1306
KW  - Corporate transparency
KW  -tax avoidance
KW  -tax costs
KW  -non-tax costs
KW  -book-tax difference
KW  -effectiveness
AB  - Since the 1997, financial crisis in Korea, the problems of Korean corporations have been intensively
emphasized, resulting in the devaluation of Korean firms in international capital markets. This study focuses
on the transparency. The empirical results show that the relationship between corporate transparency and tax
avoidance level is negative. This finding supports that companies consider various non-tax costs arising from
tax avoidance in addition to tax costs when determining the optimal tax avoidance level. Specifically, firms with
high corporate transparency are passive in tax avoidance because of the burden of various non-tax costs such
as reputation risk caused by tax avoidance rather than the effect of reducing agent cost. This study sought to
evaluate the effectiveness of tax avoidance with regard to tax costs and various non-tax costs with regard to
all costs as suggested by Scholes.
ER  -