Financing Constraints, Earnings Management and Corporate Tax Avoidance
DOI:
https://doi.org/10.54691/bcpbm.v15i.258Keywords:
Financing Constraints; Enterprise Tax Avoidance; Earnings Management.Abstract
Based on the data of all A-share listed companies from 2008 to 2019, this paper studies the relationship between financing constraints and the degree of tax avoidance and the influencing path of them. The results show that financing constraints can promote enterprises to avoid tax aggressively. The results of heterogeneity test show that the difference of property rights and enterprise scale will not affect the above results. Further research shows that a high degree of earnings management will enhance the promotion of financing constraints on tax avoidance.
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