Does tax policy affect corporate environmental investment?

被引：0
|
作者：
Li, Jingrong [1 ]
Liu, Ping [2 ]
机构：
[1] Wuhan Vocat Coll Commun & Publishing, Sch Business, Wuhan 430223, Peoples R China
[2] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2025年 / 73卷
关键词：
Tax policy; Financing constraint; Environmental protection investment;
D O I：
10.1016/j.frl.2024.106666
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Using data from China's publicly traded firms from 2012 to 2022, this study examined the connection between corporate eco-friendly investment and taxation policies. The findings indicate that tax policies escalated firms' environmental protection investments. Financing constraints played a mediating role in the correlation between tax strategies and ecological investment. Disparities emerged regarding the impact of tax policies on environmental protection investment among state-owned enterprises (SOEs) and non-SOEs.
引用
收藏
页数：8
相关论文
共 50 条
  • [1] How does Environmental Protection Tax Law affect corporate investment preferences?
    Zhang, Xin
    Shi, Chenxiao
    FINANCE RESEARCH LETTERS, 2025, 72
  • [2] How Does Environmental Protection Tax Affect Corporate Environmental Investment? Evidence from Chinese Listed Enterprises
    Cheng, Zhice
    Chen, Xinyuan
    Wen, Huwei
    SUSTAINABILITY, 2022, 14 (05)
  • [3] How does export VAT rebates policy affect corporate investment efficiency? Evidence from corporate tax stickiness
    Wang, Xinyi
    Zhu, Ling
    PACIFIC-BASIN FINANCE JOURNAL, 2023, 82
  • [4] Lumpy Investment and Corporate Tax Policy
    Miao, Jianjun
    Wang, Pengfei
    JOURNAL OF MONEY CREDIT AND BANKING, 2014, 46 (06) : 1171 - 1203
  • [5] Tax information and corporate environmental investment
    Zhang, Jian
    Wang, Ningzhi
    Wu, Wenruo
    Zhu, Xinyu
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2025, 97
  • [6] Investment with uncertain tax policy: Does random tax policy discourage investment?
    Hassett, KA
    Metcalf, GE
    ECONOMIC JOURNAL, 1999, 109 (457): : 372 - 393
  • [7] How does D&O insurance affect corporate environmental investment?
    Liu, Jiamin
    Jiang, Yalin
    Gan, Shengdao
    FRONTIERS IN ENVIRONMENTAL SCIENCE, 2022, 10
  • [8] How does environmental performance feedback affect corporate environmental investment? The moderating role of environmental regulation
    Xu, Lanxiang
    Wan, Junbao
    He, Xiaogang
    SUSTAINABLE FUTURES, 2024, 8
  • [9] Tax policy uncertainty and corporate investment - A theory of tax-induced investment spurts
    Alvarez, LHR
    Kanniainen, V
    Sodersten, J
    JOURNAL OF PUBLIC ECONOMICS, 1998, 69 (01) : 17 - 48
  • [10] Does corporate social responsibility affect corporate tax aggressiveness?
    Laguir, Issam
    Stagliano, Raffaele
    Elbaz, Jamal
    JOURNAL OF CLEANER PRODUCTION, 2015, 107 : 662 - 675
12345