摘要
企业文化是公司重要的非正式制度,对公司的内部治理产生重要影响。本文以2007-2020年沪深A股上市公司为研究样本,实证检验中华老字号企业文化对公司税收规避行为的影响。研究发现,相较于非中华老字号企业,中华老字号企业具有更低的税收规避程度,这表明中华老字号深受其独特企业文化的影响,具有更低的避税意愿。机制检验表明,中华老字号企业文化通过提升管理者社会道德意识及削弱管理者风险偏好两个机制影响公司税收规避行为。进一步研究发现,中华老字号企业文化与公司税收规避行为之间的负向关系在高管内部晋升、媒体关注度较高、地区市场化程度以及公司内部治理水平较低的公司中更为明显。本文通过考察以企业文化为代表的非正式制度对公司税收规避行为所产生的影响,拓展了企业文化与税收规避等领域的研究。
Corporate culture is an important informal system of a company, which will have an important impact on the internal governance of a company.This paper takes A-share listed companies in Shanghai and Shenzhen from 2007 to 2020 as samples to empirically test the influence of Chinese time-honored corporate culture on corporate tax avoidance behavior.The result shows that compared with non-Chinese time-honored enterprises, Chinese time-honored enterprises have a lower degree of tax avoidance, which indicates that Chinese time-honored enterprises are deeply affected by their unique corporate culture and have lower tax avoidance intention.The mechanism test shows that the corporate culture of Chinese time-honored brands influences corporate tax avoidance behavior through two mechanisms: enhancing managers’ social moral awareness and weakening managers’ risk preference.Further research shows that the negative relationship between the corporate culture of Chinese time-honored brands and corporate tax avoidance behavior is more obvious in the companies with higher internal promotion of senior executives, higher media attention, regional marketization degree and lower internal governance level.This paper expands the research literature on corporate culture and tax avoidance by examining the influence of informal system represented by corporate culture on corporate tax avoidance.
作者
曹越
周瑞博
郭天枭
CAO Yue;ZHOU Ruibo;GUO Tianxiao(School of Business Administration,Hunan University,Changsha 410082,China)
出处
《中南财经政法大学学报》
CSSCI
北大核心
2023年第1期52-64,共13页
Journal of Zhongnan University of Economics and Law
基金
国家社会科学基金一般项目“大规模减税降费对企业的财务效应与应对策略研究”(20BGL071)。
关键词
中华老字号
税收规避
文化内涵
风险偏好
企业税负
Chinese Time-honored Brand
Tax Avoidance
Cultural Connotation
Risk Preference
Tax Burden of Enterprise
