大数据税收征管有助于抑制关联交易吗?--来自“金税三期”工程的准自然实验证据  

Does Big Data Tax Enforcement Help Curb Related Party Transactions?--Quasi Natural Experimental Evidence From“Golden Tax Project III”

作　　者：杨进 化汝婷 周克清[1] Yang Jin;Hua Ruting;Zhou Keqing

机构地区：[1]西南财经大学财政税务学院,611130

出　　处：《南方经济》2024年第3期1-18,共18页South China Journal of Economics

基　　金：国家社会科学基金项目“个人所得税改革与国家治理转型研究”(19XJY201)资助。

摘　　要：近年来,上市公司的关联交易不断增长,严重损害了中小股东的利益。文章以“金税三期”工程作为准自然实验,探究大数据税收征管对公司关联交易的治理作用及其影响机制。基于2011—2018年我国非金融上市公司发生的商品与劳务类关联交易数据,通过构造多期双重差分模型,文章研究发现以“金税三期”工程为代表的大数据税收征管模式显著降低了企业的关联交易水平。异质性分析发现,当公司内部治理水平较低,外部市场制度不完善时,“金税三期”工程对关联交易的治理作用更为显著。关于机制的研究显示,大数据税收征管通过征税效应、治理效应和信息效应降低委托代理成本、提高会计稳健性和提升会计信息透明度,从而减少企业关联交易水平。文章的研究不仅从理论上丰富了大数据税收征管的经济效应,而且对我国在数字经济时代深化监管方式改革提供了政策启示。In recent years,the related party transactions of listed companies have been growing,which has seriously damaged the interests of minority shareholders.Taking the“Golden Tax Project III”as a quasi-natural experiment,this paper explores the governance effect of big data tax collection and management on firms’related party transactions and examines its mechanism.By using related party transactions data of goods and services from China’s listed companies from 2011 to 2018,the DID estimates show that“Golden Tax Project III”significantly reduces the level of related party transactions for firms in pilot regions.Heterogeneity analysis shows that the governance effect of“Golden Tax Project III”is more pronounced for firms with poorer internal governance,in regions with less developed market supporting institutions.Research on the mechanism shows that“Golden Tax Project III”reduce the level of related party transaction by reducing the principal-agent cost,improving accounting conservatism and enhancing the transparency of accounting information through tax collection effect,governance effect and information effect.This paper not only enriches the economic effect of big data supervision in theory,but also provides policy enlightenment for supervision mode reform in the era of digital economy.

关 键 词：金税三期 大数据征管 关联交易 公司治理 

分 类 号：F812.42[经济管理—财政学] F275