财政透明度与企业避税行为  

Fiscal transparency and corporate tax avoidance

作　　者：田高良[1] 刘晓丰 司毅[1] TIAN Gaoliang;LIU Xiaofeng;SI Yi(School of Management/State-Level Experiment Center for Management Teaching&Leamning,Xi'an Jaotong University,Xi'an 710049,China)

机构地区：[1]西安交通大学管理学院/国家级管理实验教学示范中心,陕西西安710049

出　　处：《管理工程学报》2024年第3期58-75,共18页Journal of Industrial Engineering and Engineering Management

基　　金：国家自然科学基金项目(72002165、71672141);教育部人文社会科学基金项目(20YJC790116)。

摘　　要：财政透明度是各级政府维持运行效率和接受社会监督的重要制度保证。以我国2014—2019年A股上市公司作为研究样本,本文实证研究了宏观财政透明度对微观企业避税行为的影响。研究发现:地方政府财政透明度的提升能够有效增加上市公司的主动避税程度。机制检验显示,主结果是由高财政透明度提升财政支出效率和降低财政压力引起的。进一步分析表明:主结果只在民营、高融资约束和有违规记录的子样本中显著,且在政府公共服务支出较高、税收征管强度较低、营商环境较好和市场竞争程度较强的地区作用更强。研究结论丰富了对财政透明度的微观经济后果的认识,进一步拓展了企业避税行为的影响因素分析边界,为充分发挥财政透明的宏微观治理作用以及完善政府财政支出制度建设提供了政策建议。Fiscal transparency reflects the degree of government’s disclosure on fiscal funds.It can effectively improve the efficiency and honesty of government operation,reduce the possible abuse of fiscal funds,and restrain inefficient investment behaviors such as idle funds by exerting the role of public supervision.Extant studies on fiscal transparency mainly focuses on the level of government and region.Few types of research intensely discuss the influence of fiscal transparency,a macro-institutional factor,on micro-economic subjects such as enterprises.Correspondingly,tax behavior is an important bridge connecting the relationship between enterprises and government and an essential manifestation of macro-system influencing enterprise behavior.At the same time,as a critical factor affecting the business development of enterprises,tax evasion can not only bring direct cash inflow and performance benefits to enterprises,but also produce a specific reputation loss risk and administrative penalty cost.Therefore,based on the above analysis,this paper believes that it is of high academic value to explore the macro-influencing factors of corporate tax avoidance behavior.To further explore the micro-economic consequences of local government fiscal transparency,this paper selects non-financial listed companies in China′s A-share market from 2014 to 2019 as research samples to empirically test the impact of fiscal transparency on corporate tax avoidance.The data of fiscal transparency comes from the Research Report on Fiscal Transparency of Chinese Municipal Governments released by the School of Public Administration of Tsinghua University,which evaluates the information disclosure of local governments in terms of the organization setting and budget disclosure.The higher the score is,the higher the fiscal transparency is.This paper puts forward two influence paths in the opposite direction based on the existing research conclusions.Path 1 argues that the improvement of prefectural government fiscal transparency,on the one h

关 键 词：财政透明 企业避税 财政支出效率 财政压力 

分 类 号：F275[经济管理—企业管理]