“营改增”行业效应及其影响因素研究

发布时间：2018-05-05 21:34

本文选题：营改增 + 市场反应　；参考：《会计之友》2015年18期

【摘要】：税收是影响公司价值的重要因素。2012年实行的"营改增"试点使交通运输业和现代服务业税负发生变化,从而引起试点公司及同业竞争对手公司价值发生变化。文章着重探讨"营改增"对同业竞争对手上市公司价值的影响,探讨试点公司竞争对手股票市场"平均异常回报"的影响因素。研究发现,"营改增"将在试点行业引发"竞争效应";进一步研究发现,现代服务业因"营改增"引发的竞争效应比交通运输业更加显著。研究认为,实行"营改增"能够促进试点行业发展,实现预期的税收改革目标。
[Abstract]:Tax is an important factor affecting the value of the company. In 2012, the tax burden of transportation industry and modern service industry changed, which caused the change of the value of the pilot company and its competitors. This paper focuses on the influence of "business transformation and increase" on the value of listed companies, and on the factors affecting the average abnormal returns of competitors in the stock market of pilot companies. It is found that the competition effect will be induced in the pilot industry, and it is found that the competition effect of modern service industry is more significant than that of transportation industry. It is believed that the implementation of "business reform and increase" can promote the development of pilot industry and achieve the expected tax reform goal.
【作者单位】：北京第二外国语学院国际商学院;
【基金】：北京市哲学社会科学规划项目(13JGB039) 教育部人文社会科学研究规划基金项目(13YJA790075) 北京市社会科学基金研究基地项目(14JDJGD013) 北京第二外国语学院项目(13Bb018)
【分类号】：F812.42

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