企业社会责任对企业避税的影响研究--基于中国A股上市公司的分析  

Research on the Influence of Corporate Social Responsibility on Corporate Tax Avoidance-Based on A-Share Listed Companies in China

作　　者：王玺[1] 叶利华 邓粞元 WANG Xi;YE Li-hua;DENG Xi-yuan(Central University of Finance and Economics,Beijing 100081)

机构地区：[1]中央财经大学,北京100081

出　　处：《商学研究》2020年第1期26-36,共11页Commercial Science Research

摘　　要：文章选取我国2011—2017年沪深两市A股上市公司财务数据及社会责任发展指数,并将企业社会责任指数滞后期变量作为企业社会责任的工具变量(IV),运用两阶段最小二乘法(2SLS)模型实证分析了企业履行社会责任的程度对其避税的影响。结果表明,企业社会责任指数与避税程度之间具有显著正相关关系。考虑企业产权性质、行业等异质性因素后,发现民营企业履行社会责任越多,避税动机越强,金融业和电力、热力、燃气及水与采矿业避税行为更为普遍。This paper selects the financial data and social responsibility development index of A-share listed companies in Shanghai and Shenzhen from 2011 to 2017.The lag period variable of corporate social responsibility index is used as the instrumental variable of corporate social responsibility.The 2SLS model is used to empirically analyze the enterprise.The impact of fulfilling social responsibility on its tax avoidance behavior.The study finds that there is a significant positive correlation between corporate social responsibility index and tax avoidance,and this positive correlation is more obvious in private enterprises.It shows that compared with state-owned enterprises,the more social enterprises fulfill their social responsibilities,the stronger the tax avoidance motive,and it supports the theory of management tools of corporate social responsibility.The conclusions of the study provide a certain reference for improving the performance of corporate social responsibility and regulating the taxation behavior of enterprises.

关 键 词：企业社会责任 避税 风险管理 滞后期工具变量 

分 类 号：F27[经济管理—企业管理] F275[经济管理—国民经济]