本文關(guān)鍵詞： 營(yíng)改增 現(xiàn)金流風(fēng)險(xiǎn) 抵扣效應(yīng) 稅率提高效應(yīng)　出處：《東南大學(xué)》2017年碩士論文　論文類型：學(xué)位論文

【摘要】："營(yíng)改增"即營(yíng)業(yè)稅改征增值稅改革,既是完善稅制的需要,也是減輕第三產(chǎn)業(yè)稅收負(fù)擔(dān)、推動(dòng)產(chǎn)業(yè)結(jié)構(gòu)轉(zhuǎn)型升級(jí)的手段。作為宏觀經(jīng)濟(jì)中的微觀主體,企業(yè)的各項(xiàng)行為和經(jīng)營(yíng)績(jī)效都會(huì)受到宏觀政策影響�，F(xiàn)金流對(duì)于企業(yè)生存和發(fā)展有著舉足輕重的作業(yè),"營(yíng)改增"這項(xiàng)稅制改革會(huì)對(duì)企業(yè)現(xiàn)金流的充足性和穩(wěn)定性以及現(xiàn)金流風(fēng)險(xiǎn)產(chǎn)生何種影響是本文的主要研究?jī)?nèi)容。本文采用2013至2016年153家我國(guó)上市公司的財(cái)務(wù)數(shù)據(jù),通過(guò)理論分析,描述性分析和面板模型多元回歸分析等方法研究"營(yíng)改增"對(duì)企業(yè)現(xiàn)金流的影響。最終實(shí)證結(jié)果表明"營(yíng)改增"與企業(yè)現(xiàn)金流風(fēng)險(xiǎn)存在顯著的相關(guān)性,"營(yíng)改增"后,企業(yè)稅負(fù)的增減會(huì)帶來(lái)現(xiàn)金流風(fēng)險(xiǎn)同方向變動(dòng),生產(chǎn)成本的抵扣效應(yīng)與企業(yè)現(xiàn)金流風(fēng)險(xiǎn)存在顯著的負(fù)相關(guān)關(guān)系,而固定資產(chǎn)抵扣效應(yīng)在"營(yíng)改增"后短期內(nèi)對(duì)企業(yè)現(xiàn)金流風(fēng)險(xiǎn)不存在顯著影響。改革之后,交通運(yùn)輸業(yè)企業(yè)的現(xiàn)金流風(fēng)險(xiǎn)受稅負(fù)變化的影響更明顯。無(wú)論是交通運(yùn)輸業(yè)還是現(xiàn)代服務(wù)業(yè),"營(yíng)改增"稅率的提高對(duì)企業(yè)現(xiàn)金流風(fēng)險(xiǎn)都帶來(lái)了負(fù)面的影響,且稅率提高幅度越大,現(xiàn)金流風(fēng)險(xiǎn)越大。另外,"營(yíng)改增"抵扣效應(yīng)對(duì)處于發(fā)展期企業(yè)的現(xiàn)金流風(fēng)險(xiǎn)的影響大于處于衰退期和成熟期的企業(yè),尤其是在固定資產(chǎn)的抵扣效應(yīng)普遍不顯著的情況下,發(fā)展期企業(yè)的固定資產(chǎn)抵扣效應(yīng)的相關(guān)系數(shù)是負(fù)值,說(shuō)明固定資產(chǎn)的抵扣效應(yīng)一定程度上改善了發(fā)展期企業(yè)的現(xiàn)金流風(fēng)險(xiǎn)。
[Abstract]:"Business tax reform", that is, business tax reform, is not only the need to improve the tax system, but also the means to reduce the tax burden of the tertiary industry and promote the transformation and upgrading of the industrial structure. The behavior and performance of enterprises will be affected by macro policies. Cash flow is very important for the survival and development of enterprises. The tax reform of "business reform" will be sufficient and stable to the cash flow of enterprises. The main content of this paper is the influence of cash flow risk. This paper uses the financial data of 153 listed companies from 2013 to 2016. Through theoretical analysis, Descriptive analysis and panel model multivariate regression analysis are used to study the influence of "business transformation increase" on corporate cash flow. The final empirical results show that there is a significant correlation between "business reform increase" and corporate cash flow risk. The increase or decrease of enterprise tax burden will bring about the change of cash flow risk in the same direction. The deduction effect of production cost has a significant negative correlation with the enterprise cash flow risk. However, the fixed assets deduction effect has no significant effect on the cash flow risk of the enterprise in the short term after the "camp reform and increase". The cash flow risk of transportation enterprises is affected more obviously by the change of tax burden. Whether it is transportation industry or modern service industry, the increase of tax rate has a negative impact on the cash flow risk of enterprises. Moreover, the higher the tax rate is, the greater the cash flow risk is. In addition, the effect of "business reform and increase" on the cash flow risk of the enterprises in the developing period is greater than that of the enterprises in the recession and mature period. Especially under the condition that the deduction effect of fixed assets is not significant, the correlation coefficient of fixed assets deduction effect of developing enterprises is negative, which indicates that the deduction effect of fixed assets improves the cash flow risk of enterprises in developing period to some extent.
【學(xué)位授予單位】：東南大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2017
【分類號(hào)】：F812.42;F275

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 童錦治;蘇國(guó)燦;魏志華;;“營(yíng)改增”、企業(yè)議價(jià)能力與企業(yè)實(shí)際流轉(zhuǎn)稅稅負(fù)——基于中國(guó)上市公司的實(shí)證研究[J];財(cái)貿(mào)經(jīng)濟(jì);2015年11期

2 周違莉;;“營(yíng)改增”對(duì)中國(guó)上市公司財(cái)務(wù)績(jī)效影響的實(shí)證研究[J];行政事業(yè)資產(chǎn)與財(cái)務(wù);2015年25期

3 陳鍔;;“營(yíng)改增”對(duì)企業(yè)財(cái)務(wù)管理的影響[J];商業(yè)會(huì)計(jì);2015年07期

4 孫正;張志超;;基于“營(yíng)改增”視角流轉(zhuǎn)稅改革的動(dòng)態(tài)效率分析[J];中南財(cái)經(jīng)政法大學(xué)學(xué)報(bào);2015年02期

5 陳志斌;王詩(shī)雨;;產(chǎn)品市場(chǎng)競(jìng)爭(zhēng)對(duì)企業(yè)現(xiàn)金流風(fēng)險(xiǎn)影響研究——基于行業(yè)競(jìng)爭(zhēng)程度和企業(yè)競(jìng)爭(zhēng)地位的雙重考量[J];中國(guó)工業(yè)經(jīng)濟(jì);2015年03期

6 陳志斌;陳希云;;現(xiàn)金流波動(dòng)性對(duì)企業(yè)價(jià)值的影響研究[J];會(huì)計(jì)之友;2015年01期

7 張曉玫;馬文睿;;生命周期、企業(yè)所有權(quán)與投資 現(xiàn)金流敏感性——來(lái)自非上市中小微企業(yè)的實(shí)證研究[J];投資研究;2014年12期

8 唐洋;宋平;唐國(guó)平;;企業(yè)生命周期、債務(wù)融資與企業(yè)績(jī)效——來(lái)自我國(guó)制造業(yè)上市公司的經(jīng)驗(yàn)證據(jù)[J];財(cái)經(jīng)論叢;2014年11期

9 郝曉薇;段義德;;基于宏觀視角的“營(yíng)改增”效應(yīng)分析[J];稅務(wù)研究;2014年05期

10 孫鋼;;對(duì)“營(yíng)改增”部分企業(yè)稅負(fù)增加的分析[J];稅務(wù)研究;2014年01期

相關(guān)重要報(bào)紙文章 前1條

1 肖捷;;加快將增值稅全面引入服務(wù)業(yè)[N];中國(guó)經(jīng)濟(jì)導(dǎo)報(bào);2012年

相關(guān)碩士學(xué)位論文 前3條

1 楊敏;營(yíng)改增對(duì)中國(guó)上市公司財(cái)務(wù)績(jī)效影響的實(shí)證研究[D];華南理工大學(xué);2014年

2 程海霞;交通運(yùn)輸業(yè)“營(yíng)改增”稅負(fù)變動(dòng)研究[D];暨南大學(xué);2013年

3 金家偉;營(yíng)業(yè)稅改征增值稅對(duì)交通運(yùn)輸業(yè)效益影響研究[D];上海師范大學(xué);2013年

，

本文編號(hào)：1540904