生态创新会影响企业实际税负吗?

DOES ECOLOGIC INNOVATION IMPACT ENTERPRISES'ACTUAL TAXING BURDEN?

为了探究企业生态创新对企业实际税负的影响作用,本文从税收激励角度出发,将2010—2019年我国沪深股市A股制造业上市公司作为研究样本,通过搭建“生态创新-企业声誉-企业税负”理论框架,采用固定效应模型实证研究企业生态创新对企业实际税负的影响机制,考查企业声誉在企业生态创新与企业实际税负之间发挥的中介作用,以及环境规制在企业生态创新与企业实际税负之间发挥的调节作用,并期望以此能够为我国政府引导、激励企业开展生态创新提供科学的理论依据和政策建议。研究结果表明:1)企业开展生态创新能够显著降低企业实际税负,企业生态创新水平每提高1%,企业实际税负水平将下降1.13%,这一效应在制造业轻度、中度污染行业企业及其非国有企业中表现得更为显著。2)企业开展生态创新有助于提高企业声誉,企业生态创新水平每提高1%,企业声誉水平将提高23.15%。企业声誉在企业生态创新与企业实际税负之间发挥着部分中介作用。引入企业声誉之后,企业开展生态创新将会使企业实际税负水平从1.13%下降为1.01%,企业声誉的中介效应占企业生态创新对企业实际税负总效应的比例为7.05%。3)环境规制在企业生态创新与企业实际税负之间发挥着负向调节作用。环境规制与企业生态创新的交互项系数为-0.5%,且在1%的水平上显著,表明环境规制强化了企业生态创新对企业实际税负的负向影响作用。

This paper,aiming at the impacts of ecological innovation on enterprises'actual taxing burden,uses China's A-share manufacturing enterprises'2010 to 2019 data to construct a theoretical framework of“ecological innovation-enterprise reputation-enterprise taxing burden”from perspective of taxing stimulation,and applies fixed effect model to study the impacts of ecological innovation on manufacturing enterprises'actual taxing burden,and to analyze the mediation of enterprise reputation between ecological innovation and actual taxing burden,and the moderating role of environmental regulation between ecological innovation and actual taxing burden of the enterprise,offering references for Chinese government to guide and stimulate enterprises on ecological innovation.Enterprises can largely decrease its actual taxing burden from ecological innovation,down by 1.13%if innovative level up by 1%,especially in the enterprises in manufacturing industries with low and moderate pollution and in private sector.Enterprises can promote their reputation through ecological innovation,up by 23.15%if innovation level up by 1%.Enterprise reputation plays a partial mediating role between enterprise ecological innovation and actual tax burden.The test shows that enterprises'actual taxing burden will decrease to 1.01%from 1.13%on ecological innovation after reputation incorporated.Mediation effect of enterprises'reputation has a proportion at 7.05%to the total effect of ecological innovation to actual taxing burden.Environmental regulation plays a negative regulating role between enterprises'ecological innovation and their actual tax burden.The research shows that the interaction term coefficient between environmental regulation and enterprise ecological innovation is-0.5%,and is significant at the level of 1%,indicating that environmental regulation strengthens the negative impact of enterprise ecological innovation on the actual tax burden of enterprises.