基于电商发展背景下环境保护税对制造业上市公司企业价值的影响——以上证A股制造业上市公司为例
The Impact of Environmental Protection Tax on the Enterprise Value of Manufacturing Listed Companies under the Background of E-Commerce Development: A Case Study of A-Share Manufacturing Listed Companies on the Shanghai Stock Exchange
摘要: 本文选取2016年至2021年上证Ａ股中制造业上市公司作为实证研究的样本，在电子商务蓬勃发展的背景下，以2018年1月1日《环境保护税法》这一政策的实施作为外生冲击，运用双重差分法测量评估了环保费改税这一政策变化对制造业上市公司企业价值的影响。研究表明，电商“新零售”模式冲击市场，随着政策的完善和企业的发展，环境保护税与企业价值正相关。
Abstract:
This article selects manufacturing listed companies in the A-share market of the Shanghai Stock Exchange from 2016 to 2021 as the sample for empirical research. Against the backdrop of the booming development of e-commerce, the implementation of the Environmental Protection Tax Law on January 1, 2018 is taken as an exogenous impact. The double difference method is used to measure and evaluate the impact of the policy change of environmental protection fees to taxes on the corporate value of manufacturing listed companies. Research has shown that the “new retail” model of e-commerce is impacting the market, and with the improvement of policies and the development of enterprises, environmental protection tax is positively correlated with enterprise value.
参考文献
|
[1]
|
陈剑锋, 李梦娇. 排污费环境治理效应的实证研究——以电力产业污染减排为例[J]. 价格理论与实践, 2017(3): 159-162.
|
|
[2]
|
卢洪友, 刘啟明, 徐欣欣, 杨娜娜. 环境保护税能实现“减污”和“增长”么?——基于中国排污费征收标准变迁视角[J]. 中国人口∙资源与环境, 2019, 29(6): 130-137.
|
|
[3]
|
刘晔, 张训常. 环境保护税的减排效应及区域差异性分析——基于我国排污费调整的实证研究[J]. 税务研究, 2018(2): 41-47.
|
|
[4]
|
王军, 李萍. 绿色税收政策对经济增长的数量与质量效应——兼议中国税收制度改革的方向[J]. 中国人口∙资源与环境, 2018, 28(5): 17-26.
|
|
[5]
|
金友良, 谷钧仁, 曾辉祥. “环保费改税”会影响企业绩效吗? [J]. 会计研究, 2020(5): 117-133.
|
|
[6]
|
唐立. 双碳背景下环境保护税对企业价值的影响——以X公司为例[J]. 中小企业管理与科技, 2022(14): 176-178.
|