COMPETITION AND CORPORATE TAX AVOIDANCE: EVIDENCE FROM CHINESE INDUSTRIAL FIRMS
COMPETITION AND CORPORATE TAX AVOIDANCE: EVIDENCE FROM CHINESE INDUSTRIAL FIRMS
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DOI：
10.1111/j.1468-0297.2009.02217.x
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发表时间：
2009-04-01
期刊：
影响因子：
3.2
通讯作者：
Liu, Qiao
中科院分区：
文献类型：
--
作者：
Cai, Hongbin;Liu, Qiao
本文考察了市场竞争是否增强了中国工业企业逃避企业所得税的动机。我们估计了竞争对公司报告的会计利润与其基于国民收入账户的归属利润之间关系的影响。为了应对测量误差和潜在的内生性，我们使用了工具变量、外生政策冲击和其他稳健性分析。我们发现有力和一致的证据表明，在竞争更激烈的环境中的公司从事更多的避税活动。此外，在其他条件相同的情况下，处于相对不利地位的公司表现出更强的动机来逃避企业所得税。
This article investigates whether market competition enhances the incentives of Chinese industrial firms to avoid corporate income tax. We estimate the effects of competition on the relationship between firms' reported accounting profits and their imputed profits based on the national income account. To cope with measurement errors and potential endogeneity, we use instrumental variables, exogenous policy shocks and other robustness analysis. We find robust and consistent evidence that firms in more competitive environments engage in more tax avoidance activities. Moreover, all else equal, firms in relatively disadvantageous positions demonstrate stronger incentives to avoid corporate income tax.