摘要
党的十九大报告指出防范化解重大风险是当前"三大攻坚战"的核心内容.而企业风险则是当前我国面临的重大风险要素之一.已证实的企业风险影响因素很多,但对于税收规避是否会增加企业风险目前存在激烈争论,更鲜有研究探讨内部控制在此关系中的作用.基于此,本文以2007-2013年我国A股上市公司为样本,研究发现:首先,税收规避程度越高,企业的风险越大,说明税收规避的确会导致企业风险的增大;其次,高质量的内部控制有助于抑制因税收规避而增大的潜在企业风险;进一步发现,这两种效应在非国有企业和政治关联企业更明显.总体而言,税收规避会导致企业风险的增加,且高质量的内部控制是一套有效管控企业风险的制度体系和工具组合.
Reports of the 19th National Congress of the Communist Party of China points out that preventing and resolving major risks are core contents of the current u three critical battlesn. Enterprise risk is one of the major risk factors in China. There are many factors that have been proved to influence firm risk, but there is a heated debate on whether tax avoidance will increase firm risk. Besides, few studies have explored the role of internal control in this relationship. Based on this, this study uses samples from 2007 -2013 in A-share listed companies and finds that:first, the higher the degree of tax avoidance, the greater the firm risk and tax avoidance does lead to the increase of firm risk;Secondly, high quality internal control helps to curb the potential firm risk caused by tax avoidance;Further, these two connections were found to be more pronounced in non-state firms and politically connected firms. In general, tax avoidance will lead to the increase of firm risk, and high quality internal control is an effective system and tool set to control firm risk.
作者
张新民
葛超
杨道广
刘念
ZHANG Xin-min;GE Chao;YANG Dao-guang;LIU Nian(International Business School, University of International Business and Economics, Beijing 100029)
出处
《中国软科学》
CSSCI
CSCD
北大核心
2019年第9期108-118,共11页
China Soft Science
基金
国家自然科学基金重大项目(71790604)
国家自然科学基金重点项目(71332008)
国家自然科学青年基金项目(71702030)
作者简介
张新民(1962-),男,北京人,对外经济贸易大学国际商学院教授,博士生导师,管理学博士。
