捐赠:民营企业强化政治关联的手段?  

Donation:Is It a Way to Strengthen Political Connections in Private Enterprises?

作　　者：薛爽[1] 肖星[2] 

机构地区：[1]上海财经大学会计与财务研究院,上海200433 [2]清华大学经济管理学院,北京100084

出　　处：《财经研究》2011年第11期102-112,共11页Journal of Finance and Economics

基　　金：国家自然科学基金资助项目(71172143);教育部重点研究基地重大项目(2009JJD790031);上海市哲学社会科学课题资助项目(2009BJB025)

摘　　要：文章研究了政治关联对民营企业在汶川地震后捐赠行为的影响,以及捐赠后民营企业从政府获得的支持。研究发现,已有政治关联显著影响了民营企业的捐赠行为,即具有政治关联的民营企业更倾向于在地震后进行捐赠。从经济后果看,捐赠后捐赠民营企业在获得银行贷款和税收方面比未捐赠企业获得了更多的优惠。文章研究表明,在中国现阶段,民营企业的捐赠行为是策略性的,其利用捐赠巩固政治关联,从而进一步获得政府的支持。This paper investigates the effect of political connections on the donation behavior of private enterprises after Wenchuan earthquake and the governmental support to private enterprises after the donation. The results confirm the significant effect of political connections on the donation behavior of private enterprises, namely politically connected private enterprises are more apt to donate after the earthquake. As for economic consequence, compared to private enterprises without donation behavior, the ones with donation behavior gain move benefit in terms of bank loans and taxation. At present, the donation behavior of Chinese private enterprises is strategic. Private enterprises strengthen their political connections by donation in order to obtain further governmental support.

关 键 词：政治关联 民营企业 捐赠 贷款 税率 

分 类 号：F275[经济管理—企业管理]