企业创新新颖度如何影响企业避税——中国上市企业专利分类数据的证据  

How Does Corporate Innovation Novelty Affect Corporate Tax Avoidance? Evidences from the Patent Classification Data of China's Listed Companies

作　　者：毕超 王菁华 BI Chao;WANG Jing-hua(Nanjing Audit University,Nanjing 211815,China)

机构地区：[1]南京审计大学会计学院,江苏南京211815 [2]南京审计大学智能管理会计与内部控制研究院,江苏南京211815

出　　处：《当代财经》2024年第4期153-164,共12页Contemporary Finance and Economics

基　　金：国家自然科学基金青年项目“土地财政对企业创新的影响机制研究:‘激励效应’或‘挤出效应’”(72002105);全国会计重点科研课题“后趋同时代会计准则制定的经济后果与实施效果评价机制研究”(2023KJB1-07);江苏高校“青蓝工程”优秀青年骨干教师资助项目。

摘　　要：创新是企业发展的重要驱动力,但创新模式会影响企业的决策。以2003—2021年A股上市公司为样本,实证检验了企业创新新颖度对企业避税的影响及其影响机制。研究发现,创新新颖度高的企业,其避税程度也高。机制分析发现,创新新颖度会提高企业的融资约束、降低企业的信息透明度,从而会提高企业的避税程度。进一步研究发现,在盈余管理程度更大、分权程度更高的企业中,创新新颖度与企业避税的正相关关系更明显。经济后果分析表明,创新新颖度带来的避税行为具有一定的战略效应,可以显著提升企业产品的市场竞争力。为此,在创新的过程中,企业要协调好各种决策,使各类决策对创新产生协同推动作用;针对不同属性的避税行为,要建立完善且具有差异化的监管策略。Innovation is an important driving force for the development of enterprises,but the innovation model can affect their decision-making.Taking the A-share listed companies in China from 2003 to 2021 as samples,this paper empirically tests the impact of corporate innovation novelty on corporate tax avoidance and its affecting mechanism.The findings show that the enterprises with a higher degree of innovation novelty will have a higher degree of tax avoidance.The mechanism analysis reveals that the higher degree of innovation novelty could enhance the financial constraints of the enterprises and reduce their information transparency,thereby increasing the degree of corporate tax avoidance.Further analyses indicate that the positive correlation between innovation novelty and corporate tax avoidance is more pronounced in the enterprises with higher level of earnings management and decentralization.The economic consequence analysis shows that the tax avoidance behavior brought about by innovative novelty has a certain strategic effect,which can significantly enhance the market competitiveness of enterprise products.Therefore,during the process of innovation,enterprises need to coordinate various decisions well,so that various decisions can have a synergistic driving effect on innovation.Comprehensive and differentiated regulatory strategies should be established to cope with tax avoidance behaviors with different attributes.

关 键 词：创新新颖度 企业避税 融资约束 信息透明度 

分 类 号：F275.1[经济管理—企业管理]