商业战略选择、产权安排与企业避税行为

Strategy Choice,Property Right and Tax Avoidance

商业战略会通过影响一个公司对风险的态度进而影响公司的避税行为,从上述理论出发,文章研究了商业战略和避税行为之间的关系,发现与采用探索者战略的企业相比,采用防御者战略的企业避税行为更消极,也意味着防御者认为激进税收筹划带来的成本和不确定性超过了节税的收益。同时研究还发现,由于产权安排导致的避税激励差异,上述战略对于避税行为的影响主要存在于国有企业。

Companies＇ business-level strategy will determine their attitudes to business risks,which have some impacts on their tax avoidance behaviors.In the paper,the analysis has been done on the relationship between business-level strategy and tax avoidance.It is found that compared with the companies with prospector strategy,the companies with defender strategy are more passive in practice tax avoidance,which means that companies with defender strategy believe that the cost and uncertainty caused by the aggressive tax planning has exceed the earnings led by tax avoidance.It is also found that the phenomenon above mainly happens in state-owner enterprises because of the absence of tax incentives there.