政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/106817
English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  全文筆數/總筆數 : 113822/144841 (79%)
造訪人次 : 51770978      線上人數 : 560
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
搜尋範圍 查詢小技巧：
  • 您可在西文檢索詞彙前後加上"雙引號"，以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋，建議至進階搜尋限定作者欄位，可獲得較完整資料
    •  進階搜尋


    請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/106817


    題名: 創新與租稅規避間之關聯性─ 以台灣上市櫃公司為例
    The relationships of innovation and corporate tax avoidance - evidence from Taiwan
    作者: 張心維
    Chang, Hsin Wei
    貢獻者: 何怡澄
    Ho, Yi Cheng
    張心維
    Chang, Hsin Wei
    關鍵詞: 創新
    租稅規避
    Innovation
    Tax avoidance
    日期: 2017
    上傳時間: 2017-03-01 17:03:34 (UTC+8)
    摘要: 依傳統理論觀點，公司的租稅規避行為將能減少公司租稅負擔，使稅後純益增加，有利企業價值提升，並進一步增加股東利益。然而，租稅規避行為雖帶來效益亦會產生成本，故在考量稅務風險及代理問題下，租稅規避不一定能增加股東利益。本研究主要在探討台灣上市櫃創新公司與租稅規避之間的關聯性，在創新指標衡量上有別於過去文獻採用研發費用予以衡量，而係採用代表創新產出及創新品質的專利權數量、專利權被引證數及專利家族等共計13個指標予以衡量，並與代表租稅規避指標的有效稅率及財稅差異等共計5個指標進行迴歸檢測。實證結果發現，除專利權數量、人均專利權數量及人均專利權被引證數與租稅規避呈顯著負相關外，其餘創新指標，均與租稅規避呈顯著正相關，與傳統理論論點相符，代表越創新的公司，越會進行租稅規避行為。
    According to the traditional theory, tax avoidance will reduce the tax burden of an enterprise, increase its net profit after tax, enhance the enterprise value, and further promote the shareholders` interests. However, benefits from tax avoidance often come with a price, and it does not necessarily increase shareholder`s interest in consideration of tax risk and agency problem. This study aims mainly to explore the interrelationship between Taiwanese innovative listed enterprises and their tax avoidance behaviors. Different from previous studies where research expenditure is used as the innovation index, this study uses thirteen indicators, which represent innovation productivity and innovation quality, such as patent counts, patent citations and patent family and etc. Furthermore, the regression testing of this study is established with five parameters indicating tax avoidance behaviors such as effective tax rate and book-tax difference and etc. The empirical results show that, except for patent counts, the number of patents per capita and the number of citations per capita, remaining innovation indicators are significantly positively correlated with tax avoidance, and this is consistent with the traditional theoretical argument, which claims that the more innovative the enterprise is, the more tax avoidance behavior it engages in.
    參考文獻: 約瑟夫．熊彼得Joseph A. Schumpeter 著，何畏、易家祥等譯，《經濟發展理論》(The Theory of Economic Development)，台北：左岸文化出版。
    陳明進與蔡麗雯(2006)，「財稅所得差異決定因素及課推估之研究」，《管理學報》，23(6)，739-763 。
    陳順宇(2005)，《多變量分析》，台北：華泰文化事業股份有限公司。
    陳達仁與黃慕萱 (2009) ，《專利資訊檢索、分析與策略》，台北：華泰文化事業股份有限公司。
    Atanassov, Julian (2013), “Do Hostile Takeovers Stifle Innovation? Evidence from Antitakeover Leg(islation and Corporate Patenting: Takeovers and Innovation,” Journal of Finance, 68:3, 1097-1133.
    Becker-Blease, J. R. (2011), “Governance and innovation”, Journal of Corporate Finance, 17, 947-958.
    Benzion, U. (1978), “The Investment Aspect of Non-Production Expenditures: An Empirical Test,” Journal of Economics and Business, 30, 224-230.
    Berger, Philip G (1993) , “Explicit and implicit tax effects of the R&D tax credit,” Journal of Accounting Research, 31(2), 131-171.
    Chen, Shuping, Chen, Xia, Cheng, Qiang and Shevlin, Terry (2010) , “Are family firms more tax aggressive than non-family firms,” Journal of Financial Economics, 95 (1), 41-61.
    Cockburm, I. and Z. Griliches (1988), “Industry Effects and Appropriability Measures in the Stock Market`s Valuation of R&D Patents,” American Economics Review, 78, 419-423.
    Cooper, M. and M. Knittel, (2010), “The implications of tax asymmetry for U.S. corporations,” National Tax Journal, 63(1), 33-62.
    Dechow, P. M., Sloan, R. G., and Sweeney, A. P. (1995), “Detecting earnings management,” The Accounting Review, 70, 193-225.
    Deng, Z., B. Lev and F. Narin (1999) , “Science and Technology as Predictors of Stock Performance,” Financial Analysts Journal, 55(3), 20.
    Desai, M. A., and D. Dharmapala (2006) , “Corporate tax avoidance and high-powered incentives,” Journal of Financial Economics, 79 (1), 145-179.
    Desai, M. A., and D. Dharmapala (2009) , “Corporate tax avoidance and firm value,” The Review of Economics and Statistics, 91(3), 537-546.
    Dyreng, S. D., M. Hanlon, and E. L. Maydew (2008) , “Long-run corporate tax avoidance,” The Accounting Review, 83 (1) , 61-82.
    Dyreng, S.D., M. Hanlon and E.L. Maydew (2005) , “The effects of executives on corporate tax avoidance,” The Accounting Review, 85(4), 1163-1189.
    Fang, Vivian W., Tian, Xuan and Tice, Sheri Fang (2014) , “Does stock liquidity enhance or impede firm innovation, ” The Journal of Finance, 69(5), 2085–2125.
    Frank, M., L. Lynch, and S. Rego, (2009), “Tax Reporting Aggressiveness and Its Relation to Aggressive Financial Reporting,” The Accounting Review, 84 (2), 467-496.
    Gao, Lei, L.L Yang and J.H. Zhang (2016) , “Corporate patents, R&D success, and tax avoidance,” Review of Quantitative Finance and Accounting, 47(4), 1063–1096.
    Graham, J.R. and A. Tucker, (2006), “ Tax shelters and corporate debt policy ,” Journal of Financial Economics, 81, 563–594.
    Griliches, Z. (1990), “Patent statistics as economic indicators: A survey,” Journal of Economic Literature, 28, 1661-1707.
    Griliches, Z., (1981), “Market value, R&D, and patents,” Economics Letters, 7(2), 183-187.
    Griliches, Z., A. Pakes and B. Hall (1988) , “ The value of patents as indicators of inventive activity,” NBER Working Paper, 2083.
    Grubert, H. (1998), “Taxes and the Divison of Foreign Operating Income Among Royalties, Interest, Dividends, and Retained Earnings,” Journal of Public Economics, 68 (2), 269-290.
    Grubert, Harry (2003), “Intangible Income, Intercompany Transactions, Income Shifting, and the Choice of Location,” National Tax Journal, 56:1, 221-242.
    Guo, Penng (2014), “The effect of innovation on corporate tax avoidance,” PhD dissertation, Louisiana State University.
    Gupta, S. and K. Newberry (1997), “Determinants of the variability in corporate effective tax rates: evidence from longitudinal data,” Journal of Accounting and Public Policy, 16(1), 1-34.
    Hall, B. H., Jaffe, A. B., and Trajtenberg, M. (2001) , “The NBER patent citation data file: lessons, insights, and methodological tools,” NBER working paper, 8498.
    Hall, B. H., Jaffe, A. B., and Trajtenberg, M. (2005), “Market value and patent citations,” The Rand journal of economics, 36(1), 16-38.
    Hall, B.H. (2007) , “Patents and patent policy,” Oxford Review of Economic Policy, 23(4), 568-587.
    Hanlon, M., and S. Heitzman (2010),“ A review of tax research,” Journal of Accounting and Economics, 50 (2),127-178.
    Hanlon, M., Mills, L and Slemrod, J., (2005) , “An empirical examination of corporate tax non-compliance,” Working paper. University of Michigan and University of Texas.
    He J, Tian X (2013), “The dark side of analyst coverage: the case of innovation,” J ournal of Financial Economics, 109(3), 856–878.
    Healy, Paul M. (2005) , “The effect of bonus schemes on accounting decisions,” Journal of Accounting and Economics, 7(1), 85-107.
    Helfgott, Samson (1993) , “Patent filing costs around the world,” Journal of the Patent and Trademark Office Society, 75(7), 567-580.
    Hirshleifer, D., Low, Angie nad Teoh, S.H. (2012) , “Are overconfident CEOs better innovators,” The Journal of Finance, 67(4), 1457-1498.
    Holmstrom, B. (1989) , “Agency costs and innovation,” Journal of Economic Behavior and Organization, 12(3), 305–327.
    Jensen, MC. (1993) , “The modern industrial revolution, exit, and the failure of internal control systems,” The Journal of Finance, 48, 831-881.
    Klassen, K.J, J.A. Pittman, M.P Reed and S. Fortin (2004), “A cross-national comparison of R&D expenditure decisions: tax incentives and financial constraints,” Contemporary Accounting Research, 21(3), 639-680.
    Kothari, S., T. Laguerre and A. Leone (2002),"Capitalization versus expensing: Evidence on the uncertainty of future earnings from capital expenditures versus R&D outlays,” Review of Accounting Studies, 7(4), 355-382.
    Lanjouw, J.O. and M. Schankerman (2004), “Patent quality and research productivity: measuring innovation with multiple indicators,” The Economic Journal, 114 , 441-465.
    Lipsey, R.E. (2010) , “Measuring the location of production in a world of intangible productive assets, FDI, and intrafirm trade,” Review of Income and Wealth, 56, 99-110.
    McGuire, S., T. Omer and D. Wang (2012) , “Tax avoidance: does tax-specific industry expertise make a difference? ,” The Accounting Review, 87(3), 975-1003.
    Mills, L. F. (1998) , “Book-tax differences and Internal Revenue Service adjustments,” Journal of Accounting Research, 36 (2), 343-356.
    Myers, S.C., and N. Majluf (1984) , “Corporate finanicng and investment decisions when firms have information that investors do not,” Journal of Financial Economics, 13, 187-221.
    Pakes, A. (1985) , “On patents, R&D, and the stock market rate of return ,” Journal of Political Economy, 93(2), 390-409.
    Pakes, A., and M. Shankerman (1984) , “The rate of obsolescence of patents, research gestation lags, and the private rate of return to research resources,” R & D, patents, and productivity, University of Chicago Press, 98-112.
    Phillips, J. (2003) , “Corporate tax-planning effectiveness: the role of compensation-based incentives,” The Accounting Review, 78, 847-874.
    Putnam, J. (1996) , “The value of international patent rights,” Ph.D. Thesis. Yale University, Yale.
    Rego, S.O. (2003) , “Tax‐Avoidance Activities of US Multinational Corporations,” Contemporary Accounting Research, 20 (4), 805-833.
    Rego, S.O. and R. Wilson (2012), “Equity risk incentives and corporate tax aggressiveness,” Journal of Accounting Research, 50(3), 775-810.
    Shevlin, Terry(2002) , “Corporate tax shelters and book-tax differences,” Tax Law Review, 55(3), 427-443.
    Trajtenberg, M. (1990), “A penny for your quotes: Patent citations and the value of information,” Journal of Economics, 21, 325-342.
    Watts, R., and J. Zimmerman,(1986), Towards a Positive Theory of Accounting, Englewood Cliffs NJ : Prentice Hall.
    Weisbach, D.A. (2002),“An Economic Analysis of Anti‐Tax‐Avoidance Doctrines, ” The journal of the American Law and Economics Association, 4(1), 88-115.
    Wilson, R. J. (2009) , “An examination of corporate tax shelter participants,” The Accounting Review, 84 (3), 969-999.
    描述: 碩士
    國立政治大學
    財政學系
    100255012
    資料來源: http://thesis.lib.nccu.edu.tw/record/#G0100255012
    資料類型: thesis
    顯示於類別:[財政學系] 學位論文

    文件中的檔案:

    檔案 大小格式瀏覽次數
    index.html0KbHTML2584檢視/開啟


    在政大典藏中所有的資料項目都受到原著作權保護.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - 回饋