【作者】 徐朝辉； 周宗放；

【Author】 Xu Zhao-hui;Zhou Zong-fang;School of Economics and Management of UESTC;

【机构】 电子科技大学经济与管理学院；

【摘要】 本文以2008年企业所得税税制改革、2009年增值税转型的实施为基础,检验了这一系列税制改革过程中公司信用风险的变化趋势。研究结果表明,公司实际税负率与信用风险成正比。实证结果发现,税制改革的一系列措施直接性的降低了公司承担的实际税负,从而导致公司信用风险的降低。因此,我国的税制改革在整体上增强了公司抵御风险的能力。本文的研究成果为深入分析我国当前税制改革的作用,提供了理论基础和实证依据。更多还原

【Abstract】 Based on the Income-Tax Reform in 2008 and the VAT Reform in 2009,in the series of tax reform process this paper investigates how to change the corporate credit risk in China. Our empirical evidences show that the relation between tax reform and the corporate credit risk is significantly positive; a train of tax reform measures directly reduce the actual tax burden of companies, resulting in reduction of credit risk. Therefore, the tax reform in China overall enhances the companies’ ability to resist risks. Our research helps to understand the significance of the current tax reform and also give important theoretical basis and empirical evidences.更多还原