税收征管与企业社会责任——基于“金税三期”的证据

Tax Enforcement and Corporate Social Responsibility:Evidence from Chinese‘Golden Tax Phase III’

企业与政府之间“以捐避税”的隐性契约,使企业社会责任的公益性蒙上了阴影。本文以“金税三期”的实施为自然实验,采用双重差分法检验税收征管效率的改善如何影响企业社会责任。结果发现,“金税三期”的实施限制了企业避税行为,打破了企业与政府之间“以捐避税”的隐性契约,从而降低了企业社会责任的履行(-21.6%);并且,在征税能力弱的地区、避税动机强的企业中,该结果尤为明显;在进一步分析中,我们发现“金税三期”的实施主要减少了企业非市场化的社会责任,而不是挤出了企业的正常性社会责任,并且企业社会责任的减少也并非出于现金流能力的下降。这说明“金税三期”通过征税效率的提高,抑制了企业“以捐避税”的寻租行为,规范了企业社会责任的履行。本研究丰富了税收征管和企业社会责任的相关研究,为“金税三期”的实施提供了支持证据。

Using the implementation of“Golden Tax Phase III”as a quasi-natural experiment,we take the difference-in-differences(DID)method to examine how changes in taxation infrastructure affect corporate social responsibility.Specifically,“Golden Tax Phase III”has reduced the donation level of private enterprises(-21.6%).Moreover,the treatment effect is particularly pronounced in regions with low taxation capacity and enterprises with high tax avoidance.Additional tests show that enhanced tax enforcement decreases rent-seeking donations rather than squeezes out market-oriented donations,and the reduction of donations is not due to the deterioration of cash flow capacity.Overall,these results suggest that the improvement of taxation technology will restrict rent-seeking behavior and regulate the corporate social responsibility activities of the enterprises.This study not only enriches the relevant research on tax enforcement and corporate social responsibility but also emphasizes the significant impact of information infrastructure construction.