企業社會責任與租稅規避關連性之探究：以中國為例

Prior studies have focused on documenting an association between corporate social responsibility (CSR) and tax avoidance with mixed results. Using a sample of Chinese listed firms, this study investigates the relation between voluntary issuance of CSR reports and tax avoidance. This study also examines whether the association between CSR and tax avoidance is stronger for family firms than for non-stated-own non-family firms. Many Chinese listed companies obtain resources through political connections. Companies may actively engage in CSR activities to establish and maintain political connections. Companies with stronger political connections may have lower probability of being audited by tax authorities and thus increase incentives to avoid taxes. The objective of this study is to investigate to what extent political connections affect the relation between CSR and tax avoidance. The promotion of local government officers in China is affected by their ability to maintain economic growth and social stability. Firms may undertake CSR activities to help local governments to improve their performance. The local government may lower the probability of being audited by tax authorities for these firms. The objective of this study is to investigate how the pressure in performance accomplishment of local governments affects the relation between CSR and tax avoidance. The legal environment is different in each province in China. Thus, the extent of media attention and local government intervention for firms are different. Moreover, this study is to examine how the legal environment moderates the relation between CSR and tax avoidance. The empirical results indicate that tax avoidance is significantly lower for firms which voluntarily disclose CSR reports. The empirical results also demonstrate that the relationship between tax avoidance and CSR is not significantly different between family firms and non-state non-family firms. The empirical results show that among companies that publish CSR reports, companies with political connections and poor CSR have lower magnitude of tax avoidance. In addition, the empirical results indicate that among firms whose headquarters locate in high political pressure province, companies with poor CSR have lower magnitude of tax avoidance. The empirical results also indicate that legal environment does not significantly affect the relationship between tax avoidance and CSR.