摘要
本文构建了一个包括企业、客户-供应商和税务部门的模型,考察增值税遵从对会计信息的治理效应。文章检验发现,在同等情形下企业缴纳增值税占所有税收比例越高,即嵌入增值税遵从链条越深,应计盈余管理和真实盈余管理的操纵行为受抑制程度越大。增值税遵从的独特作用机理在于进项税抵扣设计激励企业向供应商索取发票而形成约束,因而增值税遵从的治理效应沿客户-供应商关系传递。在一系列稳健性检验后,结果依然显著。进一步研究还表明,营改增使得服务业企业信息质量有所下降,原因可能在于人工成本无法取得进项税导致增值税税负上升,这说明抵扣链的完整性影响了增值税遵从的约束效力。本文从理论上探讨了增值税税制设计对企业会计信息质量的治理作用并提供了经验证据,为理解增值税改革对企业财务行为的经济后果提供了政策参考。
This paper constructs a model including enterprise,customer-supplier relationship,and taxation department to examine the governance effect of VAT compliance on accounting information.The paper tests that under the same circumstances,the higher the proportion of VAT paid by enterprises in all taxes,the deeper they are embedded in the VAT compliance chain,the greater the degree of restraint in the manipulation of accrued earnings management and real earnings management.The unique mechanism of VAT compliance is that the input tax credit is designed to create constraints by incentivizing firms to request invoices from suppliers,and thus the governance effect of VAT compliance is transmitted along the customer-supplier relationship.The results remain significant after a series of robustness tests.Further research also shows that the reform of the business sector has led to a decline in the quality of information of service firms,which may be attributed to the increase in VAT tax burden due to the unavailability of input tax on labor costs,suggesting that the integrity of the credit chain affects the binding effectiveness of VAT compliance.This article theoretically discusses the governance effect of the VAT tax system design on the quality of corporate financial information and provides empirical evidence for understanding the governance effect of VAT compliance on financial accounting information.
出处
《会计研究》
CSSCI
北大核心
2021年第12期21-39,共19页
Accounting Research
基金
2021年教育部人文社科青年基金项目“地区税负差异之谜与企业投资:基于开发区准自然实验的研究”(21C10052016)
中央民族大学校级课题(2020QNPY16)支持
关键词
增值税遵从
税制设计
会计信息质量
双重差分法
VAT Compliance
Tax System Design
Accounting Information Quality
Double Difference Method
