增值税退税政策能否抑制企业财务造假?来自中国的证据

IF 5.6 2区 经济学 Q1 BUSINESS, FINANCE
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引用次数: 0

摘要

本文采用差分法研究了中国 2018 年增值税退税政策对企业财务舞弊的影响。研究结果表明,该政策显著减少了企业财务舞弊,并通过各种稳健性检验证实了这一点。增值税退税政策通过解决动机压力、限制机会和挑战理由来遏制企业财务欺诈,有效地针对了欺诈三角的核心要素。该政策对高科技企业和私营企业的影响尤为显著。这项研究拓展了人们对增值税政策在企业决策中作用的认识,并为打击企业渎职行为提供了政策指导。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Can value-added tax refund policy inhibit corporate financial fraud? Evidence from China
This paper examines the impact of China's 2018 VAT refund policy on corporate financial fraud, using a difference-in-differences approach. Findings demonstrate that the policy significantly reduces corporate financial fraud, which is confirmed through various robustness tests. The VAT refund policy deters corporate financial fraud by addressing motivational pressures, limiting opportunities, and challenging justifications, effectively targeting the fraud triangle's core elements. The policy's effects are especially strong in high-tech and privately-held firms. The study extends knowledge of VAT policies' roles in corporate decision-making and offers policy guidelines to combat corporate malfeasance.
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来源期刊
CiteScore
7.10
自引率
4.20%
发文量
85
审稿时长
100 days
期刊介绍: The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.
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