Study On The Influential Factors Of Corporate Tax Aggressiveness Based On Hierarchical Linear Model

For a long time,corporate tax aggressive behavior is a widespread phenomenon in the development of enterprises in China,which is a key concern of the tax administration and a hot spot for academic research.The so-called tax aggressive refers to the tax saving and tax avoidance behaviors carried out by enterprises in order to maximize profits.With the development of economic globalization and Internet technology,the daily operation activities of enterprises tend to be diversified and complicated,and the tax aggressive behaviors of enterprises also become more and more complicated.It is important to know whether the tax aggressive behaviors of enterprises can be effectively screened,what factors are influenced by the theory,what are the influencing mechanisms,and how to effectively use external supervision means such as media supervision,tax collection and management and external audit to suppress the tax aggressive behaviors of enterprises and reduce the degree of tax aggressive behaviors of enterprises.It is of great theoretical value and practical significance to use external monitoring tools such as media monitoring,tax administration and external audit to curb corporate tax aggressiveness and reduce the degree of corporate tax aggressiveness.Based on the literature and theories related to corporate tax aggressiveness,the thesis presents the influence mechanisms of external monitoring factors,such as media monitoring,tax administration and external audit,and internal organizational management factors,such as shareholder control,corporate profitability and corporate property rights,on corporate tax aggressiveness from the perspectives of external monitoring and internal organizational management.The theoretical model of corporate tax aggressiveness is designed and the corresponding research hypotheses are proposed.In particular,the measurement of media attention is achieved by segmenting the number of media attention and media sentiment,and the measurement index of negative media sentiment variables is obtained by mining the content sentiment of media reports based on the text sentiment propensity analysis method.Examining the key influencing factors reveals that,for example,media attention and tax collection and management belong to the external monitoring instruments at the enterprise level and the provincial level,respectively,while the internal organizational management factors belong to the influencing variables at the enterprise level,and the data set exhibits clear characteristics of hierarchical data structure;therefore,a hierarchical linear model is selected for the empirical study.In the empirical study part,the sample data of A-share listed enterprises in China from2010 to 2020 are selected to empirically test the influence mechanisms of external environmental factors and internal organizational management factors on corporate tax aggressiveness.The study finds that:(1)enterprises that receive more media attention have lower tax aggressiveness;enterprises with more negative media coverage inhibit their tax aggressiveness;and the strengthening of tax collection and management can also effectively inhibit enterprises’ tax aggressiveness.Media attention and tax administration have a significant direct impact on corporate tax aggressiveness,and are effective external monitoring tools for corporate tax governance.(2)The stronger the tax administration,the more media attention,the more it can inhibit enterprises’ tax aggressive behavior;the more negative the media coverage,the more it can inhibit enterprises’ tax aggressive behavior.There is a significant interaction effect between media attention and tax collection and administration on enterprises’ tax aggressive behavior,and government taxation departments can effectively use media supervision to improve the governance level of enterprises’ tax behavior.(3)Internal organizational management factors such as external audit and enterprise size and assets,shareholder control,enterprise profitability and nature of enterprise property rights have significant direct effects on tax aggressiveness,and there are significant interactive effects on enterprise tax aggressiveness with the different intensity of tax collection and administration in each province.Finally,based on the findings and conclusions of the empirical study,policy recommendations to curb corporate tax aggressive behavior and improve corporate tax compliance are proposed.It is worth pointing out that this paper adds to the scope of research on corporate tax aggressiveness based on the perspective of external corporate oversight and governance,and provides empirical evidence to curb corporate tax aggressiveness,which has implications for tax regulation and investor interest protection.