Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

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Enterprise Tax Burden and R&D Investment: Evidence from Chinese GEM Listed Companies

Authors
Yingxuan Liu1, *
1Shenzhen Institute of Information Technology, Shenzhen, 518172, People’s Republic of China
*Corresponding author. Email: yingxuan.liu@outlook.com
Corresponding Author
Yingxuan Liu
Available Online 14 December 2022.
DOI
10.2991/978-94-6463-054-1_52How to use a DOI?
Keywords
R&D investment; Tax burden; Innovation; Heterogeneity; Regression analysis
Abstract

R&D investment costs a lot of funds, which is the fundamental driving force to maintain enterprise competitiveness and innovation ability. As a rigid expenditure of enterprises, tax revenue will reduce the free cash flow of enterprises to a certain extent. The relationship between the degree of enterprise tax burden and its R&D activities is worth further exploration. This paper constructs a regression model based on the data of listed GEM companies from 2010 to 2020 and examines the relationship between the enterprise's total tax burden and its R&D investment. Empirical research has shown that an increase in the total tax burden of enterprises will negatively affect innovation investment activities to a certain extent. It is also found by further testing the enterprise age that the tax burden has a greater impact on R&D innovation activities for younger companies.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
14 December 2022
ISBN
978-94-6463-054-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-054-1_52How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yingxuan Liu
PY  - 2022
DA  - 2022/12/14
TI  - Enterprise Tax Burden and R&D Investment: Evidence from Chinese GEM Listed Companies
BT  - Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
PB  - Atlantis Press
SP  - 485
EP  - 494
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-054-1_52
DO  - 10.2991/978-94-6463-054-1_52
ID  - Liu2022
ER  -