纳税信用评级与企业劳动投资效率  

Tax-paying Credit Rating and Labor Investment Efficiency

作　　者：陈宁 方军雄 Ning Chen;Junxiong Fang

机构地区：[1]上海对外经贸大学金融管理学院 [2]浙江财经大学会计学院

出　　处：《会计论坛》2022年第2期46-73,共28页Accounting Forum

基　　金：国家自然科学基金项目(71872048)。

摘　　要：本文从激励型税收征管政策的视角出发,探究企业纳税信用评级获A对劳动投资效率产生的积极效应。研究发现,企业在纳税信用评级得A后的次年劳动投资效率显著提高,且该效应在劳动投资过度和投资不足分组中同时存在。企业纳税信用评级累计连续为A的次数越多,劳动投资效率的提高越明显,这体现了强制性税收征管政策所不具有的累积效应。具体地,企业纳税信用评级获A对企业劳动投资效率的主要影响机制是缓解融资约束、降低代理成本和提高会计信息质量。本文结论在丰富企业劳动投资效率影响因素研究的同时,证实了激励型税收征管理念在改善企业人力资本投资决策中的持续性作用。From the perspective of incentive tax enforcement policy,this paper verifies the positive effect of tax-paying credit rating on enterprises'labor investment efficiency.We confirm that enterprises'labor investment efficiency significantly improves after being rated as A-level taxpayers,which holds under either over-employment or under-employment circumstances.Furthermore,the improvement effect manifests itself better as successive As accumulate,presenting the cumulative effect absent from traditional mandatory tax enforcements.Specifically,improvements in financial constraints,agency efficiency and financial information quality are the three main channels that tax-paying credit rating system utilizes to influence enterprises'labor investment efficiency.Our results not only enrich existing literature related to determinants of enterprises'labor investment efficiency,but also provide the implication that,incentive tax enforcement policy could play a continuing role in improving enterprises'human capital investment decisions.

关 键 词：激励型税收征管 纳税信用评级 劳动投资效率 

分 类 号：F812.42[经济管理—财政学] F272.92