CAJ | 학술논문

企业避税为股东增加价值的同时也增加了违反税收法规的风险，本文从企业合规目标的视角，检验了内部控制对企业避税行为的影响。本文以2007年至2012年沪深证券交易所的A股上市公司为样本，实证研究发现高质量的内部控制能有效抑制企业激进的避税行为；进一步的分析发现，在税收征管执法更严格的环境中，内部控制对企业激进避税行为的约束效应更强。本文的研究结果表明，高质量的内部控制能有助于企业合规目标的实现，减少企业因激进避税而增加的违规风险，并保护投资者利益。本文的研究结果为全面理解我国企业内部控制的经济后果提供了增量的经验证据，也丰富了公司治理机制对企业避税行为影响的研究文献。
기업피세위고동증가개치적동시야증가료위반세수법규적풍험，본문종기업합규목표적시각，검험료내부공제대기업피세행위적영향。본문이2007년지2012년호심증권교역소적A고상시공사위양본，실증연구발현고질량적내부공제능유효억제기업격진적피세행위；진일보적분석발현，재세수정관집법경엄격적배경중，내부공제대기업격진피세행위적약속효응경강。본문적연구결과표명，고질량적내부공제능유조우기업합규목표적실현，감소기업인격진피세이증가적위규풍험，병보호투자자이익。본문적연구결과위전면리해아국기업내부공제적경제후과제공료증량적경험증거，야봉부료공사치리궤제대기업피세행위영향적연구문헌。
Tax aggression enhances the corporate value for shareholders, but also increases the risk of violating tax regulations. This paper examines the impact of internal control on corporate tax aggression from the compliance per-spective. We take the A-share listed companies from 2007 to 2012 in Shanghai and Shenzhen stock exchanges as samples, and empirically find that high quality of internal controls can effectively limit corporate tax aggression, especially for high degree of tax aggression. Further analysis shows that there is a higher constraint of internal control over tax aggression in more stringent tax enforcement environment. These results of this paper show that high quality of internal control can help organizations to achieve the purpose of operational compliance, and reduce the noncom-pliance risk due to high degree of aggression. This paper would play a helpful role in comprehensively understanding the economic consequences of our enterprises＇ internal control by providing incremental empirical evidence, but also enrich the research literature about the impact of corporate governance mechanisms on tax aggression.