Earticle

초록

영어

This research analyzes that bond investors of the company recognize tax avoidance correctly according to profit forecast accuracy by financial analysts to solve information asymmetry by providing useful information between companies and investors. In particular, regarding tax avoidance by profit forecast accuracy by financial analysts who solve information asymmetry by providing useful information between companies and investors due to the differentiation between this study and precedent study, whether creditors recognize it correctly and it is reflected well in load decision making was analyzed. As profit forecast accuracy by financial analysts gets higher and reliability for the accounting information of relevant companies gets increased, rate of return for investors gets lower and lower to cause low cost of borrowing capital. As profit forecast accuracy by financial analysts gets lower, reliability gets lower on accounting information of relevant companies to increase rate of return for investors and cause high cost of capital. Correct accounting information for financial analysts is being applied and used as a critical factor for investment decision making, which is resulted.

목차

Abstract
 Ⅰ. Introduction
 Ⅱ. Previous Research
 Ⅲ. Research Hypothesis and Model
  1. Hypothesis
  2. Research Model
  3. Measurement of Tax Avoidance
  4. Empirical research model
 Ⅳ. Sample and Empirical Results
  1. Sample
  2. Descriptive statistics
  3. Correlation analysis of key variables
  4. The Effect of Tax Avoidance by Analysts' Forecast Accuracy on Cost of Debts
 Ⅴ. Conclusion

키워드

저자

• Jang Hee Lee [ Chungbuk University, Korea ]
• Seoung Hoi Kim [ Chungbuk University, Korea ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  위기관리 이론과 실천 학술대회

• 간기

  반년간

• 수록기간

  2005~2017

• 십진분류

  KDC 350 DDC 351