Muhasebe İhtiyatlılığı ile Vergiden Kaçınma Arasındaki İlişkinin İncelenmesi: Borsa İstanbul Örneği

Year 2024, , 536 - 546, 24.09.2024

Serkan Terzi

https://doi.org/10.17065/huniibf.1387352

Abstract

Bu çalışmanın amacı, muhasebe ihtiyatlılık düzeyi ile vergiden kaçınma düzeyi arasındaki ilişkinin incelenmesidir. Bunun için Türkiye’de Borsa İstanbul’da 2009-2022 yılları arasında işlem gören 158 şirketin finansal verileri analize dahil edilmiştir. Literatürle uyumlu bir şekilde muhasebe ihtiyatlılığının ölçümünde piyasa değerinin defter değerine oranı, vergiden kaçınma düzeyinin ölçümünde ise cari dönem vergi gideri ile olması beklenen vergi gideri arasındaki fark tutarının toplam aktife oranı kullanılmıştır. Çalışmada, bu ilişkinin tespiti için panel veri analizi ve GLS regresyon analizi kullanılmıştır. Elde edilen bulgulara göre, muhasebe ihtiyatlılık düzeyi ile vergiden kaçınma düzeyi arasında anlamlı ve pozitif yönlü bir ilişki tespit edilmiştir. Buna göre vergiden kaçınma düzeyinin artması, muhasebe ihtiyatlılık düzeyini artırmaktadır. Ayrıca, aktif karlılık oranı ile muhasebe ihtiyatlılık düzeyi arasında anlamlı ve pozitif ilişki tespit edilmiştir.

Keywords

Muhasebe, İhtiyatlılık, Vergiden Kaçınma

Ethical Statement

Bu çalışma bilimsel araştırma ve yayın etiği kurallarına uygun olarak hazırlanmıştır.

Examining the Relationship Between Accounting Conservatism and Tax Avoidance: Evidence from Borsa Istanbul

Abstract

The purpose of this study is to examine the relationship between the level of accounting conservatism and the level of tax avoidance. For this purpose, financial data of 158 companies traded on Borsa Istanbul in Turkey between 2009 and 2022 were included in the analysis. Consistent with the literature, the market-to-book value ratio was used to measure accounting conservatism, and the book-tax difference was used to measure the level of tax avoidance. In the study, panel data analysis and GLS regression analysis were used to determine this relationship. According to the findings, a significant and positive relationship was determined between the level of accounting conservatism and the level of tax avoidance. According to this finding, increasing the level of tax avoidance increases the level of accounting conservatism. Additionally, a significant and positive relationship was determined between the asset return ratio and the level of accounting conservatism.

Keywords

Accounting, Conservation, Tax Avoidance

References

• Afifa, M. M. A., Saleh, I. H., & Haniah, F. F. (2023). Does earnings management mediate the relationship between audit quality and company performance? Evidence from Jordan. Journal of Financial Reporting and Accounting, 21(3), 747-774. https://doi.org/10.1108/JFRA-08-2021-0245
• Ahmed, A. S., & Duellman, S. (2007). Accounting conservatism and board of director characteristics: An empirical analysis. Journal of Accounting and Economics, 43, 411-437. https://doi.org/10.1016/j.jacceco.2007.01.005
• Alves, S. (2021). Accounting conservatism and board characteristics: Portuguese evidence. International Journal of Business and Society, 22(3), 1346-1362. https://doi.org/10.33736/ijbs.4305.2021
• Ball, R., & Shivakumar, L. (2008). Earnings quality at initial public offering. Journal of Accounting and Economics, 45, 324-349. https://doi.org/10.1016/j.jacceco.2007.12.001
• Ball, R., Kothari, S.P., & Robin, A. (200). The effect of international institutional factors on properties of accounting earnings. Journal of Accounting and Economics, 29, 1-51. https://doi.org/10.1016/S0165-4101(00)00012-4
• Basu, S. (1997). The Conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics, 24, 3-37. https://doi.org/10.1016/S0165-4101(97)00014-1
• Beaver, W. H., & Ryan, S. G. (2005). Conditional and unconditional conservatism concepts and modelling. Review of Accounting Studies, 10, 269-309. https://doi.org/10.1007/s11142-005-1532-6
• Budiana, E. & Kusuma, H. (2022). The relationship between gender diversity and tax avoidance practices. Research in Business & Social Science, 11(8), 241-250. https://doi.org/10.20525/ijrbs.v11i8.2176
• Campos, G. M., Neto, A. S., & Almeida, J.E.F. (2010). The influence of taxation on the degree of conservatism of firms. Society, Accounting and Management, 5(2), 39-51. https://doi.org/10.21446/scg_ufrj.v5i2.13201
• Düzer, M. (2023). Muhasebe ihtiyatlılığı ve sürdürülebilirlik: BIST 100’de bir araştırma. Muhasebe ve Finansman Dergisi, (100), 39-56. http://doi.org/10.25095/mufad.1319728
• Karahan Gökmen, M. (2013). Accounting conservatism: A literature review. Muhasebe ve Vergi Uygulamaları Dergisi, 6(2), 1-21.
• Gaaya, S., Lakhal, N., & Lakhal, F. (2017). Does family ownership reduce corporate tax avoidance? The moderating effect of audit quality. Managerial Auditing Journal, 32(7), 731-744. https://doi.org/10.1108/MAJ-02-2017-1530
• Lawrence, A., Sloan, R., & Sun, Y. (2013). Non-discretionary conservatism evidence and implications. Journal of Accounting and Economics, 56, 112-133. http://dx.doi.org/10.1016/j.jacceco.2013.10.005
• Lei, G., Wang, W., Yu, J., & Chan, K.C. (2022). Cultural diversity and corporate tax avoidance: Evidence from chinese private enterprises. Journal of Business Ethics, 176(2), 357-379. https://doi.org/10.1007/s10551-020-04683-2
• Martinez, A. L., Santana Júnior, J. L., & Sena, T. R. (2022). Tax aggressiveness as a determining factor of conditional conservatism in Brazil. Revista Contabilidade & Finanças, 33(90), 1-16. https://doi.org/10.1590/1808-057x20221484.en
• Mocanu, M., Constantin, S. B., & Raaileanu, V. (2021). Determinants of tax avoidance: Evidence on profit tax-paying companies in Romania. Economic Research-Ekonomska Istraživanja, 34(1), 2013-2033. https://doi.org/10.1080/1331677X.2020.1860794
• Ohlson, J., & Lent, L.,V. (2006). Introduction to special section on conservatism in accounting. European Accounting Review, 15(4), 507-509. https://doi.org/10.1080/09638180601102073
• Purwantini, H., Chandrarin, G., & Assih, P. (2017). Minimizing tax avoidance by using conservatism accounting through book tax differences: Case study in Indonesia. International Journal of Research in Business and Social Science, 6(5), 55-67. https://doi.org/10.20525/ijrbs.v6i5.765
• Ramos, M. C., & Matinez, A. L. (2018). Tax aggressiveness and accounting financial restatement at companies listed in B3. Pensar Contábil, 20(72), 4-15.
• Sa’ad, H. N., Abubakar, Z., & Suleiman, S. (2023). Accounting conservatism and corporate tax avoidance. International Journal of Banking and Finance, 18(1), 51-66. https://doi.org/10.32890/ijbf2023.18.1.3
• Suleiman, S., & Barnabas, M. (2021). Effect of tax avoidance on accounting conservatism of listed non-financial firms in Nigeria. Skyline Business Journal, 17(1), 1-9.
• Tuan, K. (2016). Denetim komitesi özellikleri ve ihtiyatlılık arasındaki ilişki: Borsa İstanbul örneği. Muhasebe ve Denetime Bakış Dergisi, (47), 115-130.
• Vale, J. P. S., & Nakao, S. H. (2017). Unconditional conservatism in Brazilian public companies and tax neutrality. Revista Contabilidade & Finanças, 28(74), 197-212. https://doi.org/10.1590/1808-057x201702450
• Yuniarsih, N. (2018). The effect of accounting conservatism and corporate governance mechanism on tax avoidance. Academic Research International, 9(3), 68-76.
• Wati, L. N., Pirzada, K., Ramdany & Momon (2020). Determinants of accounting conservatism in politically connected firms. Journal of Security and Sustainability Issues, 10(1), 189-200. http://doi.org/10.9770/jssi.2020.10.1(14)
• Zhong, Y. (2017). Accounting conservatism: A literature review. Australian Accounting Review, 27(2), 195-213. https://doi.org/10.1111/auar.12107