Study On The Influence Of Corporate Donation On Tax Avoidance ——Discussion Based On The Four Heterogeneous Environments

In recent years,our government continues to guide and encourage the development of philanthropy,and attaches great importance to the third distribution function of charitable donations.Under the strong advocacy of the country and the influence of Chinese traditional virtues,China ' s philanthropy has developed rapidly.Corporate donation as an important force to help China ' s charity,its social responsibility should not be underestimated.However,the enterprise itself is a rational economic man after all.When it engages in charitable donation activities,it is bound to balance economic interests and social interests,profit objectives and additional costs,at least ensuring that charitable donations do not conflict with corporate profits.Therefore,in reality,the inclination of government resources,good social reputation,and even tax avoidance may be the motivation of corporate donation.Therefore,it is of great practical significance to study the influence mechanism of corporate philanthropy,especially the relationship between corporate philanthropy and tax avoidance in internal and external heterogeneous environments such as government regulation,market supervision and corporate governance.Based on this,this paper focuses on the tax avoidance effect of corporate donation on the basis of reviewing relevant domestic and international research results.Firstly,starting from the analysis of theoretical norms,this paper defines the concepts of ' corporate donation' and ' tax avoidance ',and focuses on the theoretical mechanism of tax avoidance effect caused by corporate donation behavior,as well as the mechanism of corporate donation on tax avoidance in heterogeneous environment.Secondly,in the process of empirical research,the first is to investigate and analyze the scale,structure and industry distribution of charitable donations of mainland enterprises listed in Shanghai and Shenzhen and mainly listed in Hong Kong.It is found that enterprises have the characteristics of ' polarization ' in the donation industry and scale,and the tax avoidance behavior of enterprises is becoming more and more common.The second is to count the relevant data of Shanghai and Shenzhen A-share listed companies from 2010 to 2019,adopt the two-way fixed effect model,and adopt the DID difference-in-difference method.According to the high and low groupings,the four heterogeneous environmental variables,namely,the intensity of government tax collection and management,media attention,external audit quality and corporate social responsibility information disclosure,are grouped to verify the relationship between corporate donation and tax avoidance in the four heterogeneous environments.The following research results are obtained.(1)Corporate donation has a positive impact on tax avoidance.The higher the level of donation,the stronger the tax avoidance effect.(2)In heterogeneous environment,the impact of corporate donation on tax avoidance has changed.The stronger the intensity of tax collection and management,the more media attention,and the higher the degree of social responsibility information disclosure,the stronger the positive effect of donation on corporate tax avoidance;the higher the quality of corporate audit,the stronger the inhibitory effect of donation on corporate tax avoidance.Finally,combined with China ' s current legal environment and market environment,according to the results of empirical research,this paper puts forward some countermeasures and suggestions to inhibit enterprises ' " in the name of donations,tax avoidance." For example,improve the laws and regulations related to corporate charitable donations,so that law enforcement departments can have a law;actively and make use of the media,audit supervision of enterprises at the same time to strengthen the supervision of these two types of industries;to formulate a unified enterprise information disclosure system and assessment standards,in order to guide corporate social responsibility into the right track,reduce the loss of national tax revenue to provide ideas and suggestions.