Empirical Research On The Influence Of Accounting Comparability To Behavior Of Corporate Tax Avoidance

In recent years,International Financial Reporting Standards are converging.It makes accounting comparability start to cause the concern of theory circle.Served as one of the eight quality requirements of accounting information,comparability makes the same items look similar and different items look different.Higher accounting comparability allows investors capture more related information from other comparable companies in the same industry.Thus the cost of acquiring and processing information for investors is reducing,the financial information quality and information transfer efficiency are raising.So,it will be of great importance in researching on accounting comparability.With the coming of separation of two rights in modern enterprises,the agency problem is serious since the interests of management and shareholders are different.Motivated by self-interest,management usually adopts tax avoidance to get more private benefits.To alleviate the agency problem,companies make public announcement of financial reports to let the stakeholders acquire enterprise information.While higher comparability can improve company's accounting information quality,whether the improvement of accounting comparability can restrict the behavior of corporate tax avoidance or not?This paper research on the influence of accounting comparability to the behavior of corporate tax avoidance based on the statistics of listed enterprises' accounting comparability from 2008 to 2016.First we tease out the research at home and abroad of accounting comparability and corporate tax avoidance.Then,based on the principal-agent theory,information asymmetry theory,incomplete contracting theory,information disclosure theory and effective tax planning theory,we analyze the impact of accounting comparability to corporate tax avoidance,which is the basis of proposed hypotheses.Then we define variables and build regression models.Through the regression analysis,this paper studies the influence of accounting comparability to behavior of corporate tax avoidance.The results indicated that higher accounting comparability can restrain the behavior of corporate tax avoidance,and in enterprises with high ownership concentration,the function of restraint will weaken.Further,we find that in the companies with poor internal controls and areas with poor institutional environment,the binding effect of comparability and corporate tax avoidance will be more remarkable.