Research On The Impact Of Intellectual Capital On Tax Planning Performance Of Listed Companies In China

In order to obtain more profits to maintain the survival and development of the company,through the reasonable tax planning to achieve tax savings,access to more cash flow,has become a very common means.But different between corporate tax planning performance but be quite different,so the scholars began to arrange,from the company's property management structure and power arrangement,internal control system,corporate performance,corporate social responsibility to analyze their influence on tax planning behavior.But few scholars with intellectual capital as factors to analyze their impact on the performance of the company due to tax planning,tax planning is a decision made by our staff,so their knowledge and ability,as well as the organization response and cooperation degree should have an important impact on the tax planning,and the era of knowledge economy,the company after all competition is the competition of knowledge,intellectual capital as hidden in the company can be identified in the company's knowledge and skills,organizational culture can bring competitive advantage of economic resources,affect the formulation and implementation of every decision of the company.This paper selects the China Shanghai A shares listed companies from 2013 to 2015 data as the sample,the first analysis of the relationship between the level of intellectual capital and tax planning performance,then from the human capital and structural capital is composed of two elements of intellectual capital perspective,analyzes the influence of human capital,structural capital on corporate tax planning performance.Empirical analysis:(1)Chinese listed companies the level of intellectual capital and tax planning performance has a significant positive correlation;(2)in group samples,found that the state-owned listed company's intellectual capital level than private listed companies the level of intellectual capital play a more important role;(3)regional sub sample group found that the underdeveloped areas of the level of intellectual capital is greater than the developed areas of the level of intellectual capital influence on tax planning performance,therefore should strengthen the introduction of measures of the central and western regions and Northeast China regional Corporation high-quality high level talents,establish an incentive mechanism to attract talent.(4)the industry found: agricultural intellectual capital regression coefficient is the largest,so to increase the cultivation of agricultural talents and the introduction,to improve planning performance and enterprise performance has significant positive effect,while the salary incentive mode of the real estate industry and the role of manufacturing is relatively large.(5)to strengthen the number of people on the size of more than 10 thousandcompanies and the introduction of the internal structure of the improvement of tax planning performance than other companies.(6)the level of structural capital plays a more important role than the level of human capital,and the level of structural capital has a greater impact on the performance of the planning,thus offsetting the impact of human capital.(7)intelligence multiplier can promote the effect of human capital on tax planning performance.It further verifies the importance of structural capital(organizational culture,organizational process,incentive system,etc.)in the whole tax planning activities.