摘要
本文利用我国2009～2016年A股非金融类上市公司数据,考察了媒体负面报道对公司避税行为的影响,并进一步考察了公司内部信息环境的调节作用。结果发现,媒体负面报道与税收激进度呈显著负向关系,而良好的内部信息环境会显著削弱媒体负面报道对公司避税的抑制作用。进一步研究表明,上述关系仅存在于国有企业当中。文章表明,媒体负面报道对公司避税行为的影响与公司自身信息环境有关。这一研究有助于进一步理解不同信息环境下媒体的治理作用。
Using data of Chinese A-share non-financial listed companies from 2009-2016, this paper explores the impact of negative media coverage on tax avoidance behavior, and further examines the moderate role of the internal information environment. The results show that there is a significant negative relationship between media negative coverage and tax aggressiveness, and a good internal information environment will significantly reduce the negative effect of media negative coverage on corporate tax avoidance. Further test shows that the above relationship exists only in state-owned enterprises. This paper demonstrates that the impact of negative media coverage on corporate tax avoidance behavior is related to the company's own information environment. This research is helpful to further understand the governance role of the media.
出处
《证券市场导报》
CSSCI
北大核心
2019年第3期49-58,共10页
Securities Market Herald
基金
国家自然科学基金青年项目"审计师对客户税收激进度的反应--基于中国资本市场的实证研究"(批准号:71602047)
江苏高校哲学社会科学研究重点项目"企业党建对上市公司财务
会计行为的影响"(批准号:2017ZDIXM069)
关键词
媒体负面报道
内部信息环境
公司避税
negative media coverage
internal information environment
tax avoidance
