ESG評(píng)級(jí)與企業(yè)避稅

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中圖分類號(hào)：F830 文獻(xiàn)標(biāo)志碼：A 文章編號(hào)：1007-8576（2025）02-0071-10

DOI：10.16716/j.cnki.65-1030/f.2025.02.007

ESG Rating and Corporate Tax Avoidance

WU Chengsong，RUI Liangping （AnhuiUniversity，Hefei2306O1，China）

Abstract： Withthedeepening advancementof carbon peaking andcarbon neutrality goals，ESGRating has graduallybecome animportantcriterionfor measuring thesustainabledevelopmentabilityofenterprises.If enterprisescanimprovetheir ESG performance，notonlycan they enhancetheirsocial image and brand value，but theyare also expected toachieve long-term sustainabledevelopmentand high-qualityeconomicandsocialdevelopmentbyoptimizing taxstrategies.TakingSynTaoGreen Finance's firstanouncementofcorporate ESG Rating asanexogenous shock event，asedondata from A-share listed companiesfrom2010to2022，amulti timedifferenceindiffrencesmodelwasconstructedtoempiricallyexplore theimpactof ESG Rating oncorporatetaxavoidancebehaviorandits transmissionmechanism.ThestudyfoundthatESGRatingcansignificantly reducecorporate tax avoidance.The mechanism testshows thatESG Rating inhibitcorporate tax avoidancebyeasing financing constraints，improving information transparency，and increasing govermentsubsidies.Heterogeneityanalysis showsthatESG Rating have a more significant inhibitory efectoncorporate tax avoidance behavioramong non-state-owned enterprises，enterprises with lowshareholdingratiosofinstitutionalinvestors，and enterpriseswithlowtaxcolectionand managementintensity. Inthefuture，itisof greatnecesitytoinnovate themarketsoftsupervisionmechanism，strengthenexteralsupervisioandtax management，guide enterprises to improve their ESG performance，and promote theircompliance with tax regulations.

Keywords：ESGRating;corporate tax avoidance;financingconstraints;information transparency;governmentsubsidies

一、問(wèn)題的提出

ESG是由環(huán)境（Environmental）、社會(huì)（Social）和治理（Governance）三大維度構(gòu)成的概念，自 2004年由聯(lián)合國(guó)全球契約組織提出以來(lái)，經(jīng)過(guò)不斷發(fā)展完善，已成為衡量企業(yè)可持續(xù)發(fā)展水平的重要標(biāo)準(zhǔn)。（剩余11431字）