Empirical Research of Influencing Factors on the Actual Taz Burden:A-share Listed Companies in Automotive Manufacturing Industry of China
On the basis of the panel data from 2004 to 2008 of listed companies in automotive manufacturing industry, this paper studies the influencing factors of the actual tax burden of listed companies. The study shows that there was no significant relationship between capital intensity, shareholding structure and ETRs (Effective Tax Rates), but there is a significantly negative correlation between company size, the companys financial leverage and ETRs, which verifies that political rights hypothesis and debt tax shield has an effect on ETRs. The stronger the companys profitability, the higher ETRs is. Region effect is very clear, the actual tax burden in the car manufacturing industry of listed companies of the west, and Special Economic Zone was significantly lower than other areas. In addition, there was a significant positive correlation between the implementation tax rate and ETRs.
The actual taz burden The impacting factors Automobile manufacturing industry Listed companies
MIAO Shujuan LIU Ming LIU Xin
School of Management, Jilin University, Changchun, P.R.China,130025
国际会议
The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)
天津
英文
409-416
2009-09-01（万方平台首次上网日期，不代表论文的发表时间）