CFO影响力与企业税负水平——基于企业所有权视角的分析

CFO's Power and Corporate Tax Burden Level: An Analysis from the Perspective of Corporate Ownership

文章基于企业所有权性质的视角,研究了CFO的影响力与公司税负水平之间的关系。文章将CFO影响力分为组织影响力、专业影响力、声誉影响力和所有权影响力。实证结果表明,较强的CFO影响力与企业实际税负水平负相关。进一步研究发现,在不同性质的企业中,CFO影响力与税负水平之间的负相关关系不同。在民营企业中,CFO在四个维度上的影响力均与税负水平显著负相关;在国有企业中,只有CFO所有权影响力与企业税负水平负相关。CFO影响力对企业实际税负水平的影响主要存在于民营企业,说明CFO职能定位在国有企业和民营企业中存在差异。

This paper studies the relationship between CFO＇s power and corporate tax burden level from the perspective of corporate ownership. It divides CFO＇s power into four dimensions, organizational power, expert power, prestige power and ownership power. Empirical results show that CFO＇s power is negatively correlated with actual corporate tax burden level. Furthermore, this negative relationship differs in state-owned and private enterprises. In private enterprises, four dimensions of CFO＇s power have significantly negative effects on tax burden level, and in state-owned enterprises, only the ownership power is negatively correlated with corporate tax burden level. The effect of CFO＇s power on actual corporate tax burden level mainly exists in private enterprises, showing that CFO＇s function orientation differs in state-owned and private enterprises.